Results show EV sales accounting for an all-time high 3.8 percent of overall market in Q2
WASHINGTON, D.C. – The Alliance for Automotive Innovation (Auto Innovators) today released its first-ever Get Connected Electric Vehicle Quarterly Report (Get Connected), providing a unique overview of zero-emission vehicle (ZEV) sales, plug-in hybrid, battery and fuel cell electric vehicle (EV), for the second quarter of 2021, trends in ZEV adoption by vehicle type and state-by-state purchases, and updates on the development of U.S public charging infrastructure.
“This report showcases the momentum we are seeing in consumer acceptance of zero emission vehicles across the country,” said Auto Innovators President and CEO John Bozzella. “There was a 33 percent increase in EV sales over last quarter and 122,000 more sold than at this point last year. This success is seen across EV models, especially with the crossover utility segment making very strong gains and accounting for 50 percent of EV sales in the second quarter.
“This data underscores the progress and the significant investments being made by the auto industry, which is investing $330 billion in electrification by 2025. In fact, more than 130 zero-emission vehicles and 30 hybrid-electric models will be available to American consumers in the next five years. That is why it is so imperative for continued collaboration between policymakers and the industry to develop domestic EV supply chains, provide consumer purchase incentives to raise awareness, increase access and affordability, and build the infrastructure needed to support the President’s goal of achieving 40 to 50 percent EV penetration by the end of the decade.”
This new quarterly report is part of the Auto Innovators’ broader initiative to achieve a safer, cleaner, and smarter transportation future through widespread EV adoption. This will serve as a useful tool to analyze trends in EVs across the United States.
- - We are now seeing strong momentum in the EV market, as quarterly growth shows. In the second quarter, ZEVs represented 3.8 percent of overall new vehicle sales, the highest for any quarter to date. Year-to-date, ZEV sales averaged 3.5 percent of the larger light-duty automotive marketplace. While momentum improves, these vehicles still represent a very small fraction of the overall market.
- - Crossover utility vehicles have overtaken passenger cars in the ZEV market, and new models in other segments are being introduced and making gains. Monthly sales of battery and plug-in hybrid crossover utility vehicles have grown from less than 16 percent of the ZEV market at the start of 2020 to 50 percent in the second quarter of 2021. Automakers are committed to bringing more models to consumers – around 130 models are expected by 2026.
- - In order for EV momentum to continue, infrastructure must be put in place to support these vehicles. Nearly one-third of all charging infrastructure and the only network of hydrogen fueling is located in California which supports the 41 percent of all registered ZEVs in the U.S.
Earlier this year, Auto Innovators released its EV Agenda outlining a comprehensive plan for government policies to establish the U.S. as a leader in the next generation of clean transportation innovation, as well as The EV Infrastructure Guiding Principles, which focus on the importance of infrastructure investments and developments.
Click here to read the full report.