Just a day after Elon Musk-owned electric vehicle maker Tesla reported its first-ever decline in annual vehicle sales in 2024, two other U.S. automobile powerhouses released data reflecting their biggest sales volumes in five years, bolstering a banner year for new vehicle sales by domestic manufacturers.

GM sold about 44,000 all-electric cars—a quarterly record, and up about 126% year over year. For the year, GM sold about 114,000 EVs, up more than 50% compared with 2023. Total

Ford also said it was extending its "Power Promise" campaign to cover the cost of home chargers and their standard installation for new EV buyers.