Electric vehicles, still a small percentage of the total automotive market in the U.S., are beginning to gain ground, according to analysis by IHS Markit.
There were 208,000 new registrations for electric vehicles in the U.S. last year, more than double the number filed in 2017, IHS said Monday.
That growth in EVs was heavily concentrated in California as well as nine other states that have adopted the Zero Emission Vehicle program. California was the first to launch the ZEV program‚ a state regulation that requires automakers to sell electric cars and trucks there. Connecticut, Maine, Maryland, Massachusetts, New Jersey, New York, Oregon, Rhode Island and Vermont are also ZEV states.
California accounted for nearly 46 percent, or 95,000, of new EV registrations in 2018, IHS said. California has 59 percent of market share of registered electric vehicles in the U.S.
Those numbers are expected to push even higher over the next two years as more electric vehicles come on the market and an increasing number existing EV owners stick with the technology.
More than 350,000 new EVs will be sold in the US in 2020. Those figures will give EVs a still tiny 2 percent share of the total U.S.Read the rest of this post here