(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, I’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 didn’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