Through the first nine months of 2022, EV registrations grew 57% compared to last year’s period, according to data from Experian Automotive cited by Automotive News. More than 530,000 new battery–electric vehicles were registered in the US through September, as per Utility Drive.
According to Experian Automotive data, Phoenix and Tucson, Arizona were some of the fastest-growing areas for new EV registrations outside California through the first half of this year. Chicago and Houston also saw an increase in registrations in that period.
Tesla accounts for almost 350,000 registrations
Meanwhile, Tesla still dominates the market, with almost 350,000 registrations through September. Traditional automakers and startups accounted for 183,750 registrations, a 71% growth for non-Tesla vehicles.
In addition, carmakers announced $24 billion in new EV and battery manufacturing facilities through the first five months of 2022, as per the Center for Automotive Research.
New Plug-in EVs through 2026
According to data compiled by Automotive News, through 2026, almost 150 new plug-in electric vehicles will be on the market in the US, in addition to those released this 2022.
However, according to Kelley Blue Book, as the market for PHEVs continues to grow, sales of hybrid vehicles dropped 16% in the third quarter.