US Electric Car Market on the Rise

As U.S sales numbers increase, the sales of electric cars are at their turning point. There has been a lot of available EVs in the market in the U.S. over the decades, it has just been a small incremental change in the sales of electric cars, but recently, it has been massively increasing. The Automotive News reported that during 2022 first three months, EV registration increased by 60 percent, even at the point of an 18 percent overall decrease in the market.

Although some ongoing concerns have occurred about the U.S sales of electric cars, one of the concerns is how they can figure out the charging options they will offer, especially to the early adopters, because the increase of U.S EVs brings about a great charging station responsibility. In this article, we will consider ways in which there has been an increase in the sales market of electric cars.

The Increase Of Electric New Cars In the U.S

In 2022, the way EV registration quickly increased shows that the EV shares an overall market in the U.S. it has a historical hit of 4.6 percent. As of March, more than 86 percent of new sales of vehicles were electric, especially in places like Norway. Some people can make gest of the number, but those who use EV know that a slow change can occur, or even Al can change simultaneously.

It has recently been estimated that out of 250 million cars, 1 percent of each light-duty truck on the American road, SUVs, are known to be electric. Although it can be a challenge to know the estimated sales in the future, with an analysis made by the HIS Market project, it came to be determined that by 2030, the percentage of sales of electric new cars will increase by 20-30 percent, and by 2035 it will have a massive Increase to 40-45 percent. The rate of the just mentioned projection made Reuters estimate that more than half of the vehicles on U S. roads could eventually be electric cars by 2050.

Every EV For Sale In The U.S.

At present, the highest electric car sales are made by Automakers. You might be wondering why EVs are becoming more popular daily; the main reason for seeing so many EVs in people’s driveways is the explosion in exciting new models. In the first three months of 2022, there was a massive increase of over 158,689 people who registered for new EVs, as known by the Experian calculation.

According to Automotive News, the big winner of EVs rounded up from Tesla, which was over 59 percent to 113,882 new registrations. Kia had over eight-fold to 8,450, Ford had up to 91 percent to a total of 7,407, and Hyundai had over 300 percent to 6,964. The Volkswagen ID.4 and the Nissan Leaf also climbed to the top 10 electric car sales, which helped in making the segment grow to a record of 4.6 percent.

Because Tesla failed to release the figures for sales, Experian used the registration data to shed more light on EV sales in the U.S., as noted by Automotive News. Meanwhile, the analyst of other industry has a little difference in the sales figure of EVs as of 2022, but we should know that all the reports and analysis showed that EV sales have greatly improved compared to last year.

It has been discovered that the state with the highest EV sales in all 50 states is “California.” In April 2022, they have a total unit of 1,135,387. It shows that between 2011-2022, it has over 43 percent of all Electric Car Sales.

As EVs are Increasing daily, it is important that public charging be addressed because some people see it as a danger. Hence, if public charging is readily available, it will help to keep the number of sales of EVs.

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Price Reflects TIER 1 Credit Approval. Prices are for new lease vehicles only. Images are for Display purposes only. Price Excludes local taxes, acquisition fee & DMV/title. Pricing, lease term, and miles per year may vary. All Incentives are Applied For Qualified Customers including Loyalty Rebate, Conquest Rebate, VPP Rebates, College Graduation Rebates, and Regional Rebates.

No need to deal with the headaches of sitting in a dealership for hours on end and haggling with pushy sales reps.  With our robust dealer network, we’re able to get wholesale pricing and guarantee the most competitive lease or purchase price on any new vehicle. We handle all makes and models, so you can be confident that we’ll find the perfect vehicle that fits your needs.

There are many places to lease or purchase your next vehicle.  The products are the same regardless of the source. So it’s the people who make the difference. Our staff is passionate about what we do. We are all car enthusiasts and understand your excitement about finding the right vehicle at the best possible terms. Along with our enthusiasm is our commitment to be transparent about your lease / purchase and our pledge that all dealings with us be fair, and yes, even fun!