U.S. electric car sales climb sharply despite shortages

Read the full story in the New York Times.

Americans are buying electric vehicles at a record pace, undeterred by rising prices and long waits for delivery, a further indication that the twilight of the internal combustion engine is on the horizon.

Vehicles that run on batteries accounted for 5.6 percent of new-car sales from April through June, still a small slice of the market but twice the share a year ago, according to Cox Automotive, an industry consulting firm. Overall, new-car sales declined 20 percent.

Companies like Tesla, Ford Motor and Volkswagen could have delivered more electric cars if they had been able to build them faster. The carmakers struggled with shortages of semiconductors, which are even more essential to electric cars than to gasoline vehicles, while prices soared for lithium and other raw materials needed for batteries.

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