Electric Vehicle Sales: Facts & Figures April 2019

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Electric Transportation

Electric Vehicle Sales: Facts & Figures

April 2019

Number of EVs on the Road in the U.S.

ELECTRIC VEHICLES ON THE ROAD IN THE U.S.

1,200,000 1,100,000 1,000,000

900,000 800,000 700,000 600,000 500,000 400,000 300,000 200,000 100,000

0 2011

2012

2013

2014

Source: and

2015

2016

2017

2018

2019

MORE THAN

1.18 million ELECTRIC VEHICLES

are on the road in the U.S. as of March 31, 2019.

TOTAL EV SALES

for 2018 were up

81%

compared to 2017.

EEI | ELECTRIC VEHICLE SALES: FACTS & FIGURES 1

Number of EVs Sold by Quarter

Q UA R TE R LY E V S A LE S I N TH E U. S .

130,000 120,000 110,000 100,000 90,000 80,000 70,000 60,000 50,000 40,000 30,000 20,000

10,000

0

Q1

Q2

Q3

Q4

2011 2012 2013 2014 2015 2016 2017 2018 2019

Source: and

KEY FACTS ?? In Q1 2019, more than 61,000

EVs were sold in the U.S.

?? Q1 2019 sales increased 10% over Q1 2018 sales.

MARKET SHARE (PERCENT OF ALL CARS SOLD)

EV Market Share

5.0% 4.5% 4.0% 3.5% 3.0% 2.5% 2.0% 1.5% 1.0% 0.5% 0.0%

1.6%

1.8%

March 2018

March 2019

Source: , , and

KEY FACTS

?? EV market share grew to 1.8% in March 2019, up from 1.6% in March 2018.

?? EV marketshare is growing but still represents a tiny fraction of all cars in the U.S.

?? EV sales as a fraction of all new car sales were 1.5% in Q1 2019.

2| EEI | ELECTRIC VEHICLE SALES: FACTS & FIGURES

TOTAL EV SALES BY MODEL: TOP 10

Tesla Model 3 Chevrolet Volt Tesla Model S

Nissan LEAF Toyota Prius Prime

Tesla Model X Ford Fusion Energi

Chevrolet Bolt Ford C-MAX Energi

BMW i3

97,446 69,702 62,848 46,211 42,231 38,098

163,971

154,664 147,517 132,227

KEY FACTS

?? The top 5 EV models account for nearly 60% of total EV sales.

?? Eight new EV models are expected in 2019.

0

40,000

80,000 120,000

Cumulative Number of EVs Sold

Source: and

160,000

TOTAL EV SALES BY AUTOMAKER

Tesla General Motors

Nissan Ford

Toyota BMW

Fiat Chrysler Volkswagen

Honda Hyundai-Kia

Daimler Volvo

211,587 139,231 114,321 99,950 85,888 39,855 35,318 27,639 22,339 19,258 9,841

Federal Tax Credit Cap

0

100,000 200,000 300,000

Cumulative Number of EVs Sold

Source: and

381,190 400,000

KEY FACTS

?? General Motors EV sales have surpassed the 200,000 cap for the federal tax credit. The credit will begin to phase out in April 2019.

?? Tesla, GM, and Nissan account for 62% of the 1.18 million EVs sold.

ELECTRIC VEHICLE SALES: FACTS & FIGURES | EEI | 3

GLOBAL EV SALES 2017 VS. 2018

China Europe

U.S. Japan Other

0

53 56

97 52

409 306

358 200

663

Total 2018 Total 2017

200

400

600

800

1,000

Number of EVs Sold (Thousands)

1,182 1,200

KEY FACTS

?? Global EV sales totaled about 2.1 million for 2018, an increase of 64% compared to the total sold in 2017.

?? 2018 EV sales increased 79% in the U.S., 78% in China, and 34% in Europe compared to 2017.

?? U.S. EV sales represented approximately 17% of global EV sales in 2018.

Source: EV-

Questions or comments? Contact Kellen Schefter at kschefter@ or Michelle Zaccagnino at mzaccagnino@

Edison Electric Institute 701 Pennsylvania Avenue, NW Washington, DC 20004-2696 202-508-5000 |

April 2019

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