How Might COVID-19 Affect EV Buyer Behavior?
May 25, 2020
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How will the COVID-19 pandemic affect consumer behavior once life begins to transition back to even a semi-normal state
How will the COVID-19 pandemic affect consumer behavior once life begins to transition back to even a semi-normal state
The COVID-19 pandemic and its impact on supply chains and consumer spending will have a negative effect on electric vehicle sales in the US, likely for the next 12-18 months. But a potential double whammy impact on EV sales is the lowest gas prices that many regions have seen in the last decade or more.
fter a general downward trend in sales since the all-time high in 2013, regular gas hybrids are making a strong comeback in the US. In 2018, hybrid sales reached their lowest level in the US since 2011, but bounced back in 2019 reaching the highest level of sales since 2014.
Change at the automakers is all about the leadership, passion and commitment of its people. Of the 5 GM executives I got to spend time with I found every one of them to be insanely smart and experienced in EVs/batteries/charging – and were not just ICE power train managers who moved over to the “electrification” project.
2019 sales of electric vehicles in the US decreased 7% to 9% versus the very strong sales growth in 2018, according to separate estimates from Edmunds and InsideEVs.
With crossovers and SUVs dominating sales and plug-in hybrids also seeming to be on the rise, the RAV4 Prime could be the dominant selling plug-in hybrid in the US for the next several years. In essence, both its plug in aspect and being an SUV makes it the “new Prius.”
Between EVAdoption (45) and Clean Technica (10), in 2019 I wrote 55 articles about electric vehicle and charging trends. To wrap up the year, I decided to share the top 10 EVAdoption articles based on page views and my personal favorites from both EVAdoption and CleanTechnica.
Sales of electric vehicles will return to positive growth in 2020, with a forecasted volume of new BEV and PHEV sales of 388,880.
California’s Clean Vehicle Rebate Project will see two key changes that could create a small shift in sales across various EV models. When the new vehicle eligibility rules take place beginning on December 3, 2019, 14 currently available electric vehicles will no longer be eligible for the rebates from the state of California.
What might the urban electric vehicle charging center of the future offer in services and amenities?
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