The Alliance for Automotive Innovation (Auto Innovators) released the latest Get Connected Electric Vehicle Quarterly Report (Get Connected), providing an overview of electric vehicle (EV) sales and purchasing trends in all 50-states for the fourth quarter (Q4) of 2021 and the full year of 2021.
“The report highlights the continued progress in consumer acceptance of EVs,” said Auto Innovators president and chief executive officer John Bozzella. “We closed out 2021 with EV sales volume growth of 11 percent between Q3 and Q4, and the highest percent of overall light-duty vehicles sales for any quarter to date.
To maintain this impressive growth, public and private investments to strengthen supply chains, expand purchase incentives, and build robust and reliable charging and hydrogen refueling infrastructure will be key. Continued collaboration between all stakeholders remains essential as we move forward in the transition to an electric future.”
Key takeaways from the latest edition of the report:
•There remains steady growth in the sales of EVs. The volume of EV sales increased 11 percent in Q4 compared to Q3 of 2021. EVs represented 6 percent of overall light-duty vehicle sales in Q4, the highest for any quarter to date.
•Consistent quarterly growth in the EV sector was reflected in trends for the full year of 2021. In 2021, EV sales represented 4.4 percent of the market – nearly double the market share in 2020.
•The U.S. now has 44,500 publicly available EV charging locations and 110,158 charging ports – a 16 percent increase since January 1, 2021.
•The market share of new EVs registered increased in all states, year-over-year, in Q4 of 2021.
•For 2021, the following states had the highest number of EV sales: California (13 percent); the District of Columbia (10.9 percent); Washington (7.7 percent); Hawaii (7.7 percent); Oregon (7.6 percent); and Colorado (6.2 percent).
“As the data continues to show, EVs are at an inflection point,” said Bozzella. “In order to make the transition smoothly and successfully, we need to ensure charging infrastructure is widely available and convenient to use. It is encouraging to see consistent growth in the EV sector complemented by increased availability of public EV charging locations and ports, which grew 16 percent nationwide.”
Auto Innovators applauded the launch of the Joint Office of Energy and Transportation and the release of the National Electric Vehicle Infrastructure Guidance, which will release $5 billion in federal funds over the next 5-years for states to establish a nationwide EV charging corridor. In addition, the bipartisan infrastructure bill that was signed into law also includes $2.5 billion in competitive grant funding for additional charging or refueling infrastructure.
Published in the July 2022 Edition
Published in the July 2022 Edition