The tipping point for electric cars may be happening as US sales numbers start to climb

  • Mass-market electric vehicles have been available in the US for more than a decade, but we’ve only seen small, incremental changes in sales for most of that time.
  • Yet in the first three months of 2022, electric vehicle registrations soared a staggering 60 percent, even as the overall market fell 18 percent.
  • With big EV sales comes big charging station responsibility, and figuring out how to offer public charging options to all these new EV drivers is an ongoing concern.

    American car buyers seem to have discovered the electric car. After a decade of slow but steady sales growth, US electric vehicle registrations soared 60% in the first quarter of 2022, even as new car registrations overall fell 18%. It’s the latest hint that the acceptance of home electric vehicles may have taken a major but recently unseen turn.

    The sharp increase in electric vehicle registrations earlier this year meant that the share of electric vehicles in the overall market reached a historic 4.6 percent. While places like Norway— where more than 86 percent of all new vehicle sales were electric in March — can laugh at that number, EV advocates know change happens slowly, then all at once, or something like that.

    A big reason we see more electric vehicles in our driveways is the explosion of new and exciting models, from the Ford F-150 Lightning toward Kia EV6 toward hyundai ioniq 5. Experian calculated that there were 158,689 new electric vehicle registrations in the first three months of the year. The big winners were electric vehicles from Tesla (+59% to 113,882 new registrations), Kia (+8x to 8,450), Ford (+91% to 7,407) and Hyundai (+300% to 6964), according to automotive news. These plus other EV sales (the Nissan Leaf and Volkswagen ID.4 were in the top 10) meant the segment grew to that record 4.6 per cent, meaning a total of 3.4 million new cars were registered on last trimester.

    More electric vehicles on the road may sound like good news, but some people see danger in the future, especially when it comes to public charging. Even though most electric vehicle charging is done at home, this is not a one-size-fits-all solution, meaning public charging needs to be available for some to continue to increase the number of electric vehicles sold Vivo and well into the world of electric vehicle charging infrastructure, with a history in the Los Angeles Times last month said DC fast-charging station operators need eight to 10 charging sessions per day to get “decent performance,” but they also need to have enough fast chargers available so drivers don’t face too many wait times. . Finding the balance, especially with electric vehicle sales surging, could prove difficult.

    Supply chain issues plaguing the auto industry may have an impact on the cars that are sold, as some automakers have to make production decisions about which models to build or not based on the supply of semiconductor chips. or other scarce components. If you allow a little speculation, the fact that EVs attract more public attention and the higher starting prices for many EVs could be two potential reasons for automakers to prioritize EVs over internal combustion engine vehicles. .

    Automotive News notes that he and Experian used registration data to get a clearer picture of electric vehicle sales in the US, since, for example, Tesla does not publish sales figures. Other industry analysts have slightly different figures for electric vehicle sales in early 2022, but all show significant increases compared to last year. Cox Automotive’s estimate of electric vehicle market share for the first quarter of 2022, for example, was 5.2% compared to 2.5% in 2021. Whatever the exact figures, there’s certainly something it’s happening.

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