Electric Vehicle Statistics In USA

Introduction

Electric vehicle statistics show that the global EV market is growing rapidly, with increasing demand and government initiatives to promote sustainable transportation. In the US, Tesla continues to dominate the EV market, but competition is beginning to gain momentum with manufacturers such as General Motors and Rivian entering the space. The cost of owning an electric vehicle is becoming more affordable than traditional gasoline and diesel vehicles, making it an attractive option for consumers. However, accessibility and consumer education remain significant challenges to wider adoption. Despite these hurdles, the percentage of electric cars in the US has tripled in 2022 and is expected to surge in the coming years.

Electric Vehicle Statistics In USA 2022

• Tesla’s Model Y was the best-selling plug-in electric car model in the US in 2022, with approximately 243,800 units sold.
• Tesla generated nearly 40.6 billion US dollars in revenue from US vehicle sales in the 2022 fiscal year alone.
• 625 separate electric vehicle models sold overall in the U.S. in 2022.
• More than 1.5 million new EVs were sold in 2022 across the US and Europe
• Factors such as subsidies, infrastructure improvements, and gasoline prices continue to influence the demand for electric vehicles.
• In the US, electric vehicles are expected to account for almost a third of all vehicle sales in 2030.
• Globally, the market share of electric vehicles is projected to grow to about 26 percent by 2030.
• The growth of the electric vehicle market is becoming increasingly important to the automotive industry and the global economy

Electric Cars Statistics In USA

The US Environmental Protection Agency categorizes electric vehicles (EVs) as zero-emission cars, but they still produce emissions depending on where the energy is sourced.

• According to the administration’s estimates, there are currently about 3 million electric cars in the US, which represents approximately 1% of the total number of cars on the road.
• In 2022 alone, companies manufactured around 442,000 electric vehicles, indicating a significant increase in the production of electric cars by automakers.
• The first quarter of 2022 saw a record 60% increase in EV registration, with about 158,600 registrations, which is equivalent to 4.6% of all new car registrations in the country.
• Over the last 12 years, manufacturers have sold more than 2.5 million battery and plug-in vehicles in the country, highlighting the growing popularity of electric vehicles in the US.
• The adoption of electric cars in the US has grown substantially in recent years, with the market share of electric cars increasing from 2.2% to 6.1% of total vehicle sales by the end of 2022.
• This trend is driven by various factors, including greater awareness of the environmental benefits of electric cars, advancements in battery technology, and the installation of an increasing number of charging stations across the country.
• With more and more automakers investing in the development and production of electric vehicles, the percentage of electric cars in the US market is expected to continue to grow in the coming years.

Electric Trucks Statistics In USA

• In 2022, the Ford F-Series was the best-selling truck in the United States with year-end sales of nearly 654,000 units.
• The Ford F-Series is a series of full-size pickup trucks, with the F-150 being the most popular variant.
• Light trucks account for two-thirds of light vehicle sales in the United States.
• S. light vehicle sales came to around 13.75 million units in 2022, with 10.9 million of those being light trucks.
• The global chip shortage impacted the automotive industry in 2021 and 2022, leading to manufacturers like Toyota having to shut down factories worldwide and contributing to the drop in sales.
• S. customers show a preference for domestic brands, with light trucks built by U.S.-based automakers being favorites among buyers.
• The Ford F-Series, GM’s Chevrolet Silverado, and Chrysler’s Ram Pickup were the top-selling light trucks in the United States in 2022.
• Tesla’s Cybertruck model has the potential to join the pack, but delays have pushed back its production to at least two years after its initial target date.

Electric Bikes Statistics In USA

• In 2022, the global e-bikes market is expected to reach around 36.5 million units.
• The e-bikes market is projected to grow at a compound annual growth rate of just under 10 percent between 2022 and 2030.
• By 2030, the global e-bikes market is expected to reach just under 77.3 million units.
• The growth in the e-bikes market is being driven by factors such as increasing concerns about air pollution and traffic congestion in urban areas, rising fuel prices, and government incentives and subsidies for electric vehicles.
• Europe is currently the largest market for e-bikes, followed by the Asia-Pacific region and North America.
• E-bikes come in various types, such as pedal-assist, throttle-assist, and speed pedelecs, with different ranges and power levels.
• Some of the major players in the global e-bikes market include companies like Giant Bicycles, Accell Group, Trek Bicycle Corporation, and Yamaha Motor Co. Ltd.
• The e-bikes market is also witnessing the entry of new players, including start-ups and technology companies, as well as established players from other industries.

Electrical Vehicle Statistics:

From survey:

• 78% of drivers surveyed said they don’t want to purchase an electric vehicle due to the shorter driving range compared to gas-powered vehicles.
• On the other hand, 52% of drivers surveyed said they would consider purchasing an EV because of the lower or no fuel costs associated with owning an electric vehicle.

Top barriers:

• 73% of drivers find it difficult to find or plan for a charging station.
• 73% of drivers are concerned about the high cost of battery replacement in electric vehicles.
• 69% of drivers find electric vehicles to be expensive.

Top reasons:

• 52% of drivers are considering purchasing an electric vehicle due to lower or no fuel costs.
• 50% of drivers believe that electric vehicles are better for the environment.
• 41% of drivers think that electric vehicles are less expensive and require less frequent maintenance compared to gas-powered vehicles.
• 27% of drivers like the fact that electric vehicles run more quietly.
• 27% of drivers consider tax credits and incentives as a factor in their decision to purchase an electric vehicle.

Popular models:

• The Ford Mustang Mach-E was the third best-selling electric vehicle in the US in 2022, with 39,458 sales.
• The Chevy Bolt EV/EUV was the fourth best-selling electric vehicle in the US in 2022, with 38,120 sales.
• The Kia EV6 was the fifth best-selling electric vehicle in the US in 2022, with 29,498 sales.
• The top ten best-selling electric vehicles in the US in 2022 also included the Tesla Model Y, the Tesla Model 3, the Volkswagen ID.4, the Audi e-tron, the Nissan Leaf, and the Porsche Taycan.

Conclusion

In conclusion, the electric vehicle market in the US is growing at a rapid pace, with Tesla dominating the market share. General Motors and other manufacturers are also investing heavily in electric and automated vehicle programs. While accessibility and perception of cost are still challenges, consumer education and government incentives are helping to overcome these hurdles and drive the adoption of electric vehicles.