2022 EV Registrations Raise 60%

2022 EV registrations raise 60% for Q1

According to financial data firm Experian, 2022 EV registrations raised 60% in just the first quarter of the year. This accounts for a record of 4.6% of all new vehicle registrations in the United States, including battery-powered cars, SUVs, and trucks.

The 2022 EV registrations raise reached to 158,689, with 113,882 of them registered to Tesla vehicles. That’s only in the first three months! Tesla is responsible for roughly 72% of all EVs sold in the U.S., an increase from the previous year. In second place was Kia, with 8,450 registrations for their Niro EV. Ford had 7,407 registrations across their lineup.

Another big jump in the 2022 EV registrations raise was Hyundai’s 300% jump with 6,964 units registered for their Ioniq 5 compact crossover, according to Car and Driver. Hyundai only sold 2,072 EVs in Q1 of 2021.

2022 EV registrations raise
U.S. Department of Energy

As reported by the U.S. Department of Energy, sales of new light-duty plug-in electric vehicles (PEVs), including EVs and plug-in hybrid electric vehicles (PHEVs), almost doubled last year from 308,000 units in 2020 to 608,000 units. EV sales accounted for 73% of total plug-in EV sales. From 2020 to 2021, EV sales increased by 85%, while PHEV sales increased by 138% over the previous year.

“The rapid growth in plug-in electric vehicle sales from 2020 to 2021 is remarkable in the context of overall light-duty vehicle sales, which increased by only 3% during the same period,” stated the U.S. Department of Energy.

According to the Veloz Electric Vehicle Market Report and the California Energy Commission, EVs replaced 2.5% of the vehicle fleet in California by the end of 2021. “It’s a clear indication that it might require decades to switch entirely to plug-in electric cars. Nonetheless, let’s hope it’s possible before 2040, as many automakers would like to end or limit internal combustion engine vehicle sales by 2030,” the site said.

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