Forecast: 2021 US EV Sales To Increase 70% Year Over Year (CleanTechnica)

(Note: This article was published on CleanTechnica on October 30, 2020) While Europe is seeing a huge increase in year over year (YOY) sales of electric vehicles (fully electric vehicles and plug-in hybrids) and is expected to reach 10% share of new vehicle sales in 2020 and 15% in 2021, the US is seeing rather low electric vehicle (EV) sales growth in comparison.

In my latest EVAdoption analysis, Iโ€™m projecting an increase in YOY EV sales in the US of 70% in 2021 versus 2020, with sales increasing to 585,375 in 2021 from 345,285 in 2020. 2020 auto and EV sales, of course, have been greatly affected by COVID-19, but sales are rebounding strongly in the second half of the year. Beyond the impact of COVID-19, several potential solid-selling models either didnโ€™t come to market or will in very low volumes. These include the Toyota RAV4 Prime and Ford Escape PHEV.

To read the full article, please visit CleanTechnica – Forecast: 2021 US EV Sales To Increase 70% Year Over Year

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Loren McDonald

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