E E I | E L E C T R I C V E H I C L E S A L E S : F A C T S & F I G U R E S
1
C U S T O M E R S O L U T I O N SElectric Transportation
0
100,000
200,000
300,000
400,000
500,000
600,000
700,000
800,000
900,000
20182017201620152014201320122011
Num
ber o
f EV
s on
the
Roa
d in
the
U.S
.
Source: InsideEVs.com and HybridCars.com
A B O U T
890,000 E V s
are on the road in the U.S.
T O T A L E V S A L E S for 2018 are up
40% compared
to 2017
Q2 2018 was theB E S T S A L E S
Q U A R T E R E V E R with more than
69,000 E V s S O L D
Electric Vehicle Sales: Facts & Figures July 2018
E L E C T R I C V E H I C L E S O N T H E R O A D
2 | E E I | E L E C T R I C V E H I C L E S A L E S : F A C T S & F I G U R E S
$0.50
$1.00
$1.50
$2.00
$2.50
$3.00
$3.50
$4.00
$4.50
$5.00
20182017201620152014201320122011
Ave
rage
Ret
ail G
asol
ine
Pric
e ($
/gal
)
Gasoline Electricity (equivalent)
Source: U.S. Energy Information Administration
K E Y F A C T S
¡ The average price to charge an EV is about $1.20 per gallon on an equivalent basis.
¡ EV sales continue to grow despite relatively low gaso-line prices since 2015.
U.S. AVERAGE GASOLINE PRICE VS. EQUIVALENT ELECTRICIT Y PRICE
0
10,000
20,000
30,000
40,000
50,000
60,000
70,000
80,000
Q4Q3Q2Q1
Num
ber o
f EV
s So
ld b
y Q
uart
er
2011 2012 2013 2014 2015 2016 2017 2018
Source: InsideEVs.com and HybridCars.com
K E Y F A C T S
¡ More than 69,000 EVs were sold in Q2 2018.
¡ Q2 2018 sales increased 26% over Q1 and 48% compared to Q2 2017.
¡ Overall for the year, EV sales are up 40% in 2018 compared to 2017.
Q U A R T E R LY E V S A L E S I N T H E U . S .
Note: Electricity equivalent calculated using the U.S. Department of Energy eGallon methodology, which assumes average EV efficiency of 32.6 kWh/100 miles and average gasoline car efficiency of 27.9 mpg.
E L E C T R I C V E H I C L E S A L E S : F A C T S & F I G U R E S | E E I | 3
0 50,000 100,000 150,000 200,000 250,000
Volvo
Honda
Daimler
Hyundai-Kia
VW
FCA
BMW
Toyota
Ford
Nissan
GM
Tesla
Cumulative Number of EVs Sold
204,272
125,649
82,448
108,660
70,158
29,862
17,192
15,797
33,674
11,374
6,806
183,992
Fede
ral T
ax C
redi
t Cap
Source: InsideEVs.com and HybridCars.com
K E Y F A C T S
¡ It is estimated that Tesla sales have now surpassed the 200,000 cap for the $7,500 federal EV tax credit.
¡ According to Tesla's reported phase-out schedule, Tesla vehicles qualify for 50% of the credit starting in January 2019, then 25% of the credit in July 2019, before fully expiring in January 2020.
T O TA L E V S A L E S B Y A U T O M A K E R
E V S H A R E O F S A L E S B Y A U T O M A K E R
0.0% 1.0% 2.0% 3.0% 4.0% 5.0% 6.0% 7.0% 8.0%
Ford
Fiat-Chrysler
Hyundai-Kia
Honda
Nissan
General Motors
Volkswagen
Toyota
Daimler
Volvo
BMW 6.8%
4.3%
1.4%
1.2%
1.2%
1.1%
1.0%
0.9%
0.7%
0.4%
EV Share of All New Cars Sold, First-Half 2018
0.4%
Source: InsideEVs.com, HybridCars.com, and GoodCarBadCar.net
K E Y F A C T S
¡ BMW and Volvo stand out with a much higher share of EV sales than other auto-makers (excluding Tesla).
¡ BMW, Daimler, and Volk-swagen have announced EV sales targets in the range of 15-25% by 2025.
¡ Volvo has announced that it will only sell hybrids or EVs by 2019.
Note: Chart does not include Tesla (100% EV share) and does not include Jaguar Land Rover, Mazda, and Subaru (0% EV share).
Edison Electric Institute701 Pennsylvania Avenue, NWWashington, DC 20004-2696202-508-5000 | www.eei.org July 2018
0 20,000 40,000 60,000 80,000 100,000 120,000 140,000
Other
Japan
U.S.
Europe
China
Q1 2018Q1 2017
132,00062,000
93,00067,000
55,00042,000
18,00014,000
14,00012,000
Number of EVs Sold
Source: EV-Volumes.com
K E Y F A C T S
¡ Global EV sales totalled about 312,000 in Q1 2018, an increase of 58% compared to Q1 2017.
¡ U.S. EV sales made up about 18% of global EV sales in Q1 2018.
¡ U.S. EV sales in Q1 2018 grew by about 32% over Q1 2017, lagging behind growth in Europe of 39% and growth in China of 113%.
G L O B A L E V S A L E S Q 1 2 0 1 8 V S . Q 1 2 0 1 7
Questions or comments? Contact Kellen Schefter at [email protected]