Electric vehicle sales growing fast, cross half million mark

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The Energy Policy Information Center has released a set of graphs charting the exponential growth of electric vehicles.

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CleanTechnica

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It’s no secret that electric vehicle sales are on the rise, but it seems that EV sales may have hit a turning point, both in America in abroad. The estimated number of EVs sold since 2010 have crossed the half-million mark, and the Energy Policy Information Center has released a set of graphs charting the exponential growth of electric vehicles.

Prepare to be impressed.

Following two record-setting months in May and June of this year, total American EV sales have surged past 222,000 units since late 2010, and while the Nissan LEAF and Chevy Volt remain the dominant players, there are many more options now. Ford, BMW, Toyota, and of course Tesla have all offered EV enthusiasts a wider range of options, from the short-lived RAV4 EV to the much-celebrated Model S. Monthly EV and plug-in hybrid sales are now over 10,000 units a month; compare that to the less-than-10,000 Nissan LEAF electric cars sold in 2011.

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As you can see in this next chart, the year-over-year growth of EV and plug-in hybrid sales  is even more impressive, especially compared to last year. So far over 54,000 plug-in cars have been sold in 2014, compared with just over 41,000 EVs and plug-in hybrids at this time last year. At this pace, sales are well on their way to setting and breaking even more records, with analysts estimating over 150,000 sales of plug-in cars this year.

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This next chart shows that not every brand is benefitting from the growth in plug-in car sales though, with certain contenders dominating the chart. The Chevy Volt and Nissan LEAF remain top dog, though the Toyota Prius Plug-In, Ford Fusion Energi, and Tesla Model S are all making a mark. Meanwhile though, cars like the Cadillac ELR, Ford Focus Electric and the Mitsubishi i barely register on the charts.

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Finally we have a chart showing the explosion of EV sales often coordinates with rising gas prices, as people sick of paying $4.00 a gallon or more decide to try something different. As gas prices rise, so do EV sales in most cases  though conversely as gas prices fall, so do to EV sales.

The lesson here? Higher gas prices mean more electric cars on the road, though the momentum behind EVs doesn’t seem to be settling anytime soon.

 

Source: CleanTechnica. Reproduced with permission.

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5 Comments
  1. Mags 5 years ago

    Can’t come fast enough for me!!!

    • Peter Campbell 5 years ago

      You can buy a low mileage iMiEV for $16-20K no Carsales.com.au for the
      original MY10 model and one of the MY12 model is listed for just over
      $20K. When there were more of the MY12s they were going in the low $20K
      region. Getting one trucked to you is not too expensive. If you are in
      the ACT there is no stamp duty on EVs. If you are in Canberra and want
      to test drive one, get in touch and you can try mine.

  2. MorinMoss 5 years ago

    On one hand, that’s a tiny amount of sales compared to ICE passenger vehicles.
    On the other, assuming a $35000 average selling price, it’s taken only 3 years to reach $20 billion in total sales.

  3. Miles Harding 5 years ago

    EV/PHEV sales in Aus are only slightly behind the USA, the massive AUS total of about 1000 compares well with the 220,000 sold in the USA.

    Like Gondwana, the place is full of dinosaurs

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