U.S. Electric Sales Near 1 Million Units

Kaitlin Reed Online Article

Q2 2018 returned the strongest sales on record for electric vehicles (EV) with 65,585 units sold in the U.S. Nearly 20,000 EVs were sold since last year, an increase of approximately 41 percent year-over-year (y/y). Quarter-over-quarter (q/q) sales grew 22 percent with the top-selling Toyota Prius Plug-In, Chevy Volt, Honda Clarity, and Tesla Models 3, S and X representing over 68 percent of sales. Within the battery electric vehicle (BEV) segment, the Nissan Leaf has experienced renewed popularity, with sales increasing by more than 30 percent y/y. The Leaf is now the third most popular BEV with the 2018 model boasting a 151-mile range at an MSRP of $30,000 before federal and state incentives. There are now nearly 50 advanced fuel vehicle models in the U.S. market, including 29 plug-in hybrid electric vehicle (PHEV) models, 16 BEV models, and three fuel-cell vehicle models. In the past seven years, automakers have sold more than 849,000 EVs. In June, EVs accounted for roughly 1.3 percent of new light-duty vehicle sales on an annualized basis.

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