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A tipping point may occur in electric cars as US sales numbers begin to rise

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  • Mass-market electric vehicles have been available in the United States for more than a decade, but we’ve only seen small, incremental changes in sales for most of that time.
  • Despite this, in the first three months of 2022, electric vehicle registrations rose by a staggering 60 percent even as the overall market fell by 18 percent.
  • With large electric vehicle sales comes a huge responsibility for the charging station, and figuring out how to offer public charging options to all drivers of new electric vehicles is an ongoing concern.

    American car shoppers seem to have discovered the electric car. After a decade of slow and steady sales growth, US electric vehicle registrations rose 60 percent in the first quarter of 2022 even as total new car registrations fell 18 percent. It’s the latest indication that the acceptance of domestic electric vehicles may have recently shifted into an important but invisible corner.

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    The sharp increase in electric vehicle registrations at the beginning of this year means that the share of electric vehicles in the overall market has reached 4.6 percent. While places like Norway— where more than 86 percent of all new car sales were electric in March — you might laugh at that number, electric car proponents know that change happens slowly, and then all at once, or something.

    One of the main reasons we’re seeing more electric cars in people’s driveways is the big explosion in exciting new models, from the Ford F-150 Lightning to the Kia EV6 to the Hyundai Ioniq 5. Experian calculated that there were 158,689 new electric vehicle registrations in the first three months of the year. . The big winners were electric cars from Tesla (up 59 percent to 113,882 new registrations), Kia (more than eight times to reach 8,450), Ford (up 91 percent to 7,407) and Hyundai (more than eight times to reach 8,450). 300 percent, to reach 6,964), according to Car News. These plus other EV sales (Nissan Leaf and Volkswagen ID.4 were in the top ten) mean the segment grew to that record by 4.6 percent, meaning that a total of 3.4 million new vehicles were registered in the fourth quarter.

    More electric cars on the road may seem like good news, but some people see the danger in the future, particularly when it comes to public charging. Despite the fact that most electric vehicle charging occurs at home, this is not a solution for everyone, which means that public charging should be readily available for some to continue increasing the number of electric vehicles sold. The ancient chicken-for-egg story is still alive and well in the world of electric vehicle charging infrastructure, with a story in the Los Angeles Times Last month, he said that operators of DC fast charging stations need eight to 10 charging sessions a day to make a “decent return”, but if you also need to have enough fast chargers available so drivers don’t have many waiting times. Finding the balance, especially with electric vehicle sales on the rise, can be challenging.

    Supply chain problems plaguing the auto industry may have an impact on the cars being sold, given that some automakers have to make production decisions about which models to build or not to build based on the supply of semiconductor chips or other components that are in short supply. . Allowing some speculation, the fact that electric vehicles are getting more interest from the public and the higher starting prices of many electric vehicles could be two potential reasons for automakers to prioritize electric vehicles over internal combustion engine vehicles.

    Automotive News reports that it and Experian used the registry data to get a clearer picture of electric vehicle sales in the United States, where Tesla, for example, does not release sales figures. Other industry analysts have slightly different numbers for electric vehicle sales at the start of 2022, but they all showed significant increases compared to last year. Cox Automotive’s estimate of electric vehicle market share for the first quarter of 2022, for example, was 5.2 percent compared to 2.5 percent in 2021. Whatever the exact numbers, something is definitely going on.

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