by Brett Williams
An update is now available on the UCLA Luskin Center EV Initiative's Market Dynamics page.
This presentation now includes facts and figures characterizing the U.S. sales of over 120,000 plug-in electric vehicles (PEVs) through July 2013. The cumulative PEV fleet on U.S. roads represents over $4.6 billion in gross revenue and is capable of using its over 2.6 million kilowatt-hours of batteries to drive over 7.9 million EPA-rated electric miles each time it recharges.
What types of electric vehicles are on the market? What is a PEV again?
Plug-electric vehicles (PEVs), or electric-fuel vehicles, include all-battery and plug-in-hybrid vehicles. There are 13 major light-duty models of PEVs currently on the market. Add all-gasoline hybrids and a couple of fuel-cell EVs, and consumers can now choose from 56 models of electric-drive vehicles. This month’s presentation includes a typology to help you sort out what is what.
What are the best-selling PEVs in the U.S.?
How does this compare to hybrids when they first came out?
By Brett Williams
Are EV sales really disappointing? That may be a matter of expectations (more on this in the blog entry "Managing EV Expectations"). But what are the facts so far? By some measures, PEVs are off to a much better start than gasoline-only hybrids were a decade ago (see “Managing EV Expectations” and above). Learn more from ongoing Luskin research, to be updated monthly, characterizing PEV sales from December 2010 to the present.