Over 2.7 Million Electric Vehicles Operating In US (Report)

Critics might try to push back saying the over 2.7 million EVs figure includes plug-in hybrids — it doesn’t. If we go back ten years to 2013, there were only about 96,000 EVs sold that yearDespite all the incorrect misinformation and disinformation posted on social media and some news websites about electric vehicles, and a pandemic that threw the global economy into disarray, including peak inflation, they have continued to emerge and expand. They are also poised for further growth.

The new EV registrations include retail only. It does not include any other types of vehicles, such as fleets, rentals, etc. 77% of the new EV registrations for the last 12 months were for luxury EVs. What qualifies as a luxury EV? Much of Tesla’s market share can be attributed to model availability. The range of models and vehicle segments they offer has appealed to the EV buyer, however we’re seeing more OEMs enter the EV market, offering a wider availability of models. With additional options for consumers to choose from, we could expect market share to shift over the coming years.

According to the report, 85% of EV owners also have a gas-powered vehicle — why is that? Do you expect those owners will eventually replace their gas vehicles with another EV?

Car Car Latest News, Car Car Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Electric vehicles can have a lower TCO than ICE vehiclesElectric vehicles can have a lower total cost of ownership (TCO) for consumers than internal combustion engine (ICE) vehicles, but vehicle financing options and automotive manufacturers' business models must change to accommodate the differences in retail and maintenance costs between the technologies.
Source: MiningWeeklyAUS - 🏆 233. / 63 Read more »

EVs are coming, but can SA’s power grid support this rapidly rising technology?Whether South Africans like it or not, electric vehicles – EVs, those zero-emission vehicles that must be plugged in to run – are coming.
Source: MiningWeeklyAUS - 🏆 233. / 63 Read more »

Town of Irondequoit introduces new vehiclesThe Town of Irondequoit showed off some new wheels on Tuesday as it announced two new vehicles funded by the American Rescue Plan Act.
Source: 13WHAM - 🏆 256. / 63 Read more »

Mobile, Baldwin Co. agencies report long wait for emergency vehiclesFour new ambulances have finally arrived at Mobile County EMS in Semmes. Executive Director Mark Turner says it took 13 months to get them.'It's taking a lot lo
Source: mynbc15 - 🏆 262. / 63 Read more »

SEPTA cameras documented more than 36,000 vehicles blocking bus lanes and stopsSEPTA wants to use a camera system on buses to ticket illegally parked cars that block bus lanes and stops.
Source: PhillyDailyNews - 🏆 89. / 67 Read more »

Cruise Changes Autonomous Vehicles To Reduce Risk Of Interfering With First RespondersI'm always interested in tips re fraud, waste, abuse, shenanigans, & sketchiness ongoing in the tech world. Get in touch: cfarivarforbes.com or +1-341-758-0888 (Signal/WhatsApp)
Source: ForbesTech - 🏆 318. / 59 Read more »