I couldn't find anything substantiating this claim, everyone is reporting record sales. What is decreasing is sales growth [1]. As in: each year more EVs are sold than the last year, but the difference to previous year's sales is shrinking

1: https://www.ev-volumes.com/

Sometimes the difference is still increasing year on year, but due to the higher baseline, the percentage increase has declined.

… Wait, how are you defining ‘downward trend’? The rate of _growth_ has slackened, which you expect as a product category matures, but sales are still very much growing.

I’d be a little more sceptical of the media sources doing this well-reporting, if I were you.

The legend on that chart says "U.S. electric-vehicle sales, change from a year earlier"

That's a plot of the first derivative (which is still positive [+42% at the last measure, meaning for every 100 EVs sold in Nov 2022, there were 142 sold in Nov 2023]) and the slope of that line is a derivative of the first derivative, or a second derivative.

tl;dr: EV sales are growing. That rate of growth is slower than it was before.

As I said, the rate of growth is decreasing, but sales are still growing. That article is kinda misleadingly couched, tho (I mean, Murdoch media, what can you expect?), and I can see how people could misread it as saying that sales were actually decreasing.

No, the absolute sales and percentage of sales is up, it's just the rate of acceleration that's decreased. https://www.ev-volumes.com/

This literally has sections labeled “Lower European Expectations” and “North American” fall.

You will need to read the sentences or look at the charts rather than just skim the headings.

Yes. Poor reporting is incredibly common and most journalists seem to have no clue about the difference between a first and a second derivatives. See also, most articles about the economy.

But note that the actual data presented shows an increase in sales.

“Look it up” is not a good way to make a point. If you are making the claim, then you need to substantiate it.

I dropped some links into several comments. Should I for every single response? Look it up.