Electric Vehicles adoption trends in USA
Overview of Electric Vehicle trends in USA
Electric Vehicle market is one of the rapidly evolving markets in U.S. Every car manufacture is delivering new EV models in all segments which is very appealing to broader range of consumers as they evaluate their options to go all electric in their mobility needs. There are move EV choices now than at anytime in the automotive history. Consumers sales of EVs have skyrocketing every year in U.S.
Globally Electric Car sales reached record high in 2021, despite challenges faced due to Covid-19 pandemic such as lobar force and supply change disruptions, sales nearly reached to 6.6 million compared to almost 3 million in year 2020. That brings total number of electric cars on road to date to around 16.5 million globally. Sales share of electric vehicles have increased 4% globally.
Globally China is leading in electric vehicles sales topping to 3.3 millions, followed by Europe with 2.3 million. In the U.S. electric car sales are rapidly increasing to reached to almost 630,000 in year 2021. In year 2022, U.S. electric vehicles sales are showing even stronger demand. As per IEA report on the Electric Vehicle adoption, following are the EV adoptions statistics in U.S. for Battery Electric Vehicles (BEV) and Plug-in Hybrid Electric Vehicle (PHEV)
Year | BEV | PHEV | BEV + PHEV |
2016 | 87,000 | 73,000 | 160,000 |
2017 | 104,000 | 94,000 | 198,000 |
2018 | 239,000 | 122,000 | 361,000 |
2019 | 242,000 | 85,000 | 327,000 |
2020 | 231,000 | 64,000 | 295,000 |
2021 | 466,000 | 165,000 | 631,000 |
Why U.S. consumer is open for Electric Vehicle Adoption
U.S. Consumers top motive for for considering the Electric Vehicles is due to the fact that it helps the environment to reduce harmful greenhouse gas emissions. Overall American consumer wants to use the low-carbon fuel for their mobility needs and Electric Vehicles fits that mindset perfectly. At the same time, nation wide EV charging infrastructure is improving at rapid pace with over 48,000 U.S. public charging stations which is helping to sooth the consumer concerns surrounding the charging infrastructure. Also, there is option of wall-mounted charging units at home at lower cast which is helping EV consumers to charge car at home overnight at ease. U.S. government is actively promoting tax credits up to $7,500 to accelerate adoption of EVs and at the same time leading car manufacturers are showcasing healthy competition and price reduction trends for non-luxury models. Overall effect of these factors is really helping U.S. consumers to this EVs for their next new car purchase.
Leading EV suppliers and manufacturers in USA:
As demand and interested for EVs increases every year, many manufactures are keen to develop new new EVs and sell to their customers. Buying an electric vehicles is a serious investment and it is important to take the bast decision possible with car manufacturer & model selection. Tesla, U.S. car maker is the leading company with its reputation for top-quality, cutting edge technology and create features. BMW is another key contender after its entry in EV space back in 2014. Nissan, Chevrolet, Ford, Volkswagen and Kia are also providing great EV options for the consumers as of year 2022.