Slashdot Mirror

An anonymous reader quotes a report from TechCrunch: Electric vehicles, still a small percentage of the total automotive market in the U.S., are beginning to gain ground, according to analysis by IHS Markit. There were 208,000 new registrations for electric vehicles in the U.S. last year, more than double the number filed in 2017, IHS said Monday. That growth in EVs was heavily concentrated in California as well as nine other states that have adopted the Zero Emission Vehicle program. California was the first to launch the ZEV program a state regulation that requires automakers to sell electric cars and trucks there. Connecticut, Maine, Maryland, Massachusetts, New Jersey, New York, Oregon, Rhode Island and Vermont are also ZEV states.

California accounted for nearly 46 percent, or 95,000, of new EV registrations in 2018, IHS said. California has 59 percent of market share of registered electric vehicles in the U.S. More than 350,000 new EVs will be sold in the US in 2020. Those figures will give EVs a still tiny 2 percent share of the total U.S. fleet. By 2025, that figure is expected to rise to more than1.1 million vehicles sold or a 7 percent share, according to recent IHS Markit. The Tesla's Model 3 is the top selling all-electric in the U.S. so far this year, followed by the Chevy Bolt, Tesla Model X, Tesla Model S and the Nissan Leaf, according to estimates by Inside EVs.

According Veloz -- an electric car industry group -- electric vehicle sales in California hit a cumulative 512,717 since 2010. "Months of strong U.S. sales in 2018, preceded by a strong 2017, are starting to show a trend: electric vehicles are selling well, especially in places where there are strong monetary and non-monetary incentives to buy them," reports Ars Technica. From the report: "Overall, this year has seen exponential growth in electric car sales," Veloz wrote. "Electric cars accounted for 7.1 percent of California car sales in the first three quarters of the year, with fully electric, zero-emission car sales outpacing plug-in hybrid sales 4.1 percent to 3 percent respectively." Veloz's data tallies not just fully battery-electric vehicles but also plug-in hybrids as well as the much rarer fuel cell vehicles. The group gets its data (PDF) from the blogs InsideEVs and HybridCars.com as well as a market-research firm called Baum & Associates and estimates from the California Air Resources Board (CARB).

According to data from InsideEVs, the Tesla Model 3 was the top-selling electric vehicle model in the U.S. in November. In November alone, 18,650 of those vehicles were sold in the U.S. To its credit, Veloz's press release isn't too self-congratulatory. The group writes, "Veloz recognizes that, while electric car sales are increasing at a rapid clip, it is not happening fast enough to achieve the deep cuts in emissions that the state needs to achieve to protect people's health and curb negative impacts on the environment."

Tesla has confirmed to Jalopnik that its 200,000th vehicle has been delivered this month, meaning the full $7,500 federal tax credit for electric cars will slowly be phased out. Tesla is the first automaker to reach this mark. "GM is close, too, while Nissan, Ford, and others still have a ways to go," notes The Verge. From the report: Tesla customers who take delivery of their cars -- regardless of whether it's a Model S, X, or 3 -- between now and December 31st, 2018, will still be eligible for the full $7,500 credit from the IRS. Customers who take delivery of their cars between January 1st and June 30th, 2019, will only be eligible for a $3,750 credit. And customers who take delivery of their cars between July 1st and December 31st, 2019, will be offered just $1,875. After that, the incentive is dead.

Put in place early on in the Obama administration, the tax credit was seen as a tool that could be used to encourage customers to buy plug-in electric or hybrid vehicles. This would simultaneously help advance the president's climate and clean energy goals while offering consumers a bit of a break while the cost of battery technology slowly came down. It was also meant to encourage manufacturers to push for greater advancements in that technology. The dollar amount was technically flexible; it was essentially a $2,500 credit with room to increase up to $7,500 depending on the battery capacity of the car being sold. The better the battery in a company's car, the better the rebate their buyers would get.