Tuesday, April 16, 2019

California Dominates In Electric Vehicle Adoption, As EV Adoption Grows

California dominates the United States in terms of electric vehicle (EV) adoption, according to new numbers on EV adoption were released on Monday, representing 46 percent of all new electric vehicle registrations in 2018. According to research firm IHS Markit, the U.S. market for fully electric vehicles hit a record volume of 208,000 cars registered during the year of 2018, as electric vehicle volumes have reached record highs. IHS Markit said that said that it expects a "considerable increase" in new fully-electric model cars offered in the US market over the next decade, and predicts over 350,000 new EVs to be sold in the US in 2020. Although that's an impressive increase in the market, that still would only represent 2 percent of the total U.S. sales of vehicles. IHS Markit says it expects the percentage of the US market going towards EVs to rise to 7 percent, or nearly 1.1 million vehicles, by 2025. (Image: Tesla Roadster)

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