EV sales have Doubled. Is a ‘Tidal Wave’ coming?

China EV Sales: BYD's January Sales Skyrocket 362% After Xpeng, Li Auto, Nio Deliveries

02/03/2022


China EV giant BYD (BYDDF) disclosed January EV sales more than Quadrupled after startups Xpeng Motors (XPEV) and Li Auto (LI) more than Doubled January sales, outselling Nio (NIO), which grew sales by One Third. That comes after China EV sales Boomed in 2021.

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US EV Sales Hit All-Time High In Q4 2021: Tesla Leads w/72% Share​

Shoppers on our shores bought 21% fewer cars in Q4 2021 year-over-year, though they bought 72% more electric cars.​



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The Electric Revolution: EV Sales Doubled in 2021 and Are Surging This Year Too​

Mar 15, 2022

Electric vehicles (EVs) will play a crucial role in decarbonizing our transport systems and helping us avoid the worst effects of climate change. The latest figures suggest they are making major inroads into the automotive industry after sales of plug-in electric vehicles nearly doubled in 2021.

While battery-powered cars broke into the mainstream almost a decade ago, they’ve taken some time to catch the imagination of the average driver. Concerns over range and charging time, coupled with generally higher prices, have meant their adoption has been slower than some might hope.
But that seems to be changing rapidly. According to the Department of Energy, sales of new EVs in the US hit 608,000 last year, nearly double the total for 2020. Of that, more than 73% were all-electric vehicles, with the remainder coming from hybrid vehicles that combine batteries with conventional gas-powered engines. Those figures are particularly impressive considering that overall sales of passenger vehicles only increased by three percent over the same period.

The trend is mirrored globally, according to the International Energy Agency (IEA), with sales of electric cars more than doubling to 6.6 million to reach a market share of 9%—more than Triple what it was just two years ago.This is despite major chip shortages caused by the Covid-19 pandemic, which caused production to slump by 7.7 million vehicles in 2021.
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US: Volvo Almost Doubled Plug-In Electric Car Sales In Q1 2022​

All-electric Volvo car sales take off.​

Apr 09, 2022

Volvo reports 22,757 car sales in the US during the first quarter of 2022, which is 16.5% less than a year ago. In March, sales decreased by 5.0% to 9,428.

In contrast, Volvo plug-in electric car sales increased quickly reaching 6,018 in Q1 2022 (up 93% year-over-year), including 2,430 in March (up 92%). The share of plug-ins represent 26% of the total volume in Q1 (a similar share was achieved in March).

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Contrary to what you read here by some backwards RW propagandists.

""Electric vehicle sales are Booming in the U.S., with purchases nearly Doubling over a year ago.
That trend is chipping away at the long-held narrative that drivers aren’t ready for electric cars, and it’s leading some analysts to recalibrate their predictions.

“We used to have a lot of very definitive forecasts,” said Tyson Jominy, vice president of data and analytics at J.D. Power, a global consumer intelligence company based in Michigan. “We’ve had to kind of blow those up because the rate of adoption is going much Quicker.”

Last year, electric vehicles accounted for about 2% of all car sales. This summer, that number jumped to nearly 5% of light-duty vehicles like SUVs and sedans and more than 20% of all passenger vehicles sales, according to recent data
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“EV sales are pretty much going Gangbusters,” said Ryan Gallentine, a policy director at Advanced Energy Economy. “You see automakers moving to start building EV-only assembly plants and announcing these new battery manufacturing facilities — to me that says they’re betting their business on EVs.”

This week, Ford Motor Co. and SK Innovation announced plans to spend $11.4 billion on new production sites in Tennessee and Kentucky to build EVs and the batteries that power them. The company, along with General Motors Co., Stellantis and others, anticipates that 40% to 50% of car sales will be electric by 2030, which is in line with the Biden administration’s plan...."
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Lol...you know you are in the progressive realm of fakery when the highlight of the headline uses a loose association term like "doubled".....lol.....FAKERY ALERT!!

Looks impressive....but only to the rubes it targets.

Ask the question, "As compared to what?" in a broader context, the figure is laughable.

Like a flat chested chick "doubling" her boob size....the lemmings are wOwed.....but still flat by most standards:abgg2q.jpg:


@www.whosnotwinning.com
 

US: Volvo Almost Doubled Plug-In Electric Car Sales In Q1 2022​

All-electric Volvo car sales take off.​

Apr 09, 2022

Volvo reports 22,757 car sales in the US during the first quarter of 2022, which is 16.5% less than a year ago. In March, sales decreased by 5.0% to 9,428.

In contrast, Volvo plug-in electric car sales increased quickly reaching 6,018 in Q1 2022 (up 93% year-over-year), including 2,430 in March (up 92%). The share of plug-ins represent 26% of the total volume in Q1 (a similar share was achieved in March).

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Lol

Nobody buys a Volvo. It's a niche market....dOy. Repeat buyers who prioritize a tank-like build. Hideous looks.
Nobody wants a Volvo, ICE or EV.:abgg2q.jpg:

The OP could get suckered into buying and then opening a ski store in Jamaica
 
These numbers look good, but they're a drop in the overall bucket. Of all cars sold in 2021, just 5 percent were hybrids, and 3 percent EVs. The best-selling Ford F-Series pickup alone moved 726,004 units alone in 2021.



Sales of EVs also jumped 83% to 434,879, but represented a meager 3% of the market.



Most of the EV buyers are the rich folks; even with gov't subsidies the cost is still to high for most of us, and the problems with cold weather, etc., cannot be ignored. Once the price comes down (without subsidies) I can see more urban buyers that don't drive it very far. But rural people, not so much.
 
An electric Yugo/Subaru Brat kinda rig ( 4 person Compact/Sub Compact sized ) or size of a late 70s Mini Truck style Truck that has an MSRP 0f $9,999.00 From India or Vietnam would sell ( Or a Reboot of the Original Suzuki Samurai as an EV Micro Jeep
 
Consumer reports;

"For the first time ever, the average price of a new car has edged past $47,000, according to a new report from Kelley Blue Book and data from TrueCar, a CR partner that provides market analysis and an online marketplace for cars. Buying a car—just about any car—has been difficult for months now, and new data shows that new cars, like used ones, are costing consumers more than ever. Blame it all on the pandemic and the resulting global semiconductor shortage that has hobbled automakers’ ability to crank out new cars, crimping supply, pushing up prices, and limiting availability."


With the average ICE car at $47,000, the Tesla EV's are looking like a bargain. When you do the figures on fueling, maintenance, longevity, and resale value, the Tesla costs much less over a multi-year period than that $47,000 ICE car. And it will beat almost all those ICE cars on acceleration and handling.
 
Consumer reports;

"For the first time ever, the average price of a new car has edged past $47,000, according to a new report from Kelley Blue Book and data from TrueCar, a CR partner that provides market analysis and an online marketplace for cars. Buying a car—just about any car—has been difficult for months now, and new data shows that new cars, like used ones, are costing consumers more than ever. Blame it all on the pandemic and the resulting global semiconductor shortage that has hobbled automakers’ ability to crank out new cars, crimping supply, pushing up prices, and limiting availability."


With the average ICE car at $47,000, the Tesla EV's are looking like a bargain. When you do the figures on fueling, maintenance, longevity, and resale value, the Tesla costs much less over a multi-year period than that $47,000 ICE car. And it will beat almost all those ICE cars on acceleration and handling.

Consumer reports;

"For the first time ever, the average price of a new car has edged past $47,000, according to a new report from Kelley Blue Book and data from TrueCar, a CR partner that provides market analysis and an online marketplace for cars. Buying a car—just about any car—has been difficult for months now, and new data shows that new cars, like used ones, are costing consumers more than ever. Blame it all on the pandemic and the resulting global semiconductor shortage that has hobbled automakers’ ability to crank out new cars, crimping supply, pushing up prices, and limiting availability."


With the average ICE car at $47,000, the Tesla EV's are looking like a bargain. When you do the figures on fueling, maintenance, longevity, and resale value, the Tesla costs much less over a multi-year period than that $47,000 ICE car. And it will beat almost all those ICE cars on acceleration and handling.


Not deserved of a serious response.

But....read Car&Driver much? :biggrin:

d3s8zkd-376e9533-37f8-4034-81dd-4908b9600620.jpg
 

Global EV sales overtake hybrid cars for first time in 2021​

Chinese, European demand helps drive worldwide sales to 4.6m units

April 12, 2022
TOKYO -- Global sales of new electric vehicles doubled to 4.6 million units in 2021 to overtake hybrid cars for the first time, new data shows, boosted by strong demand in China and Europe.

Nikkei calculated sales volumes based on data from Japan-based research firm MarkLines. New EV sales around the world in 2021 increased to 2.2 times their 2020 level, while new hybrid car sales rose 33% to around 3.1 million. EV sales nearly tripled from 2019, with hybrid sales climbing around 30%.

The jump in EV sales is largely thanks to brisk demand in China, the world's largest market for such vehicles. According to the China Association of Automobile Manufacturers, new EV sales in 2021 increased 2.6 times from a year earlier to 2.91 million units."..."



Pre-Sig. I Post ON TOPIC.
To the degree your post is I thank you.
But I will do my best to embarrass and put down One-line or Insult-only trolls due to the Lack of moderation on USMB. (Home OF the RW trolls.. perhaps 70%)
 
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China will be an awesome test for EV's as their government won't hesitate to pull that plug as the predictable surprises build up.
 

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