New Registrations for Electric Vehicles Have Doubled in US Since 2018
There were 208,000 new registrations for electric vehicles in the U.S. last year, more than double the number filed in 2017.
A lot of this growth is happening in California where there is a Zero Emissions Program. This program forces auto makers to sell electric cars if they operate in that state.
California accounted for nearly 46 percent, or 95,000, of new EV registrations in 2018 according to the IHS. California has 59 percent of market share of registered electric vehicles in the U.S.
More than 350,000 new EVs will be sold in the U.S. in 2020. EVs will still only hold a tiny 2 percent share of the total U.S. fleet even after this increase.
Those numbers are expected to grow even more in the next two years because more electric vehicles will come on the market and people that are driving an EV now will stick with the platform. Nearly 55 percent of all EV owners who shopped for a car stuck with an electric vehicle.