Electric vehicle sales in US to hit record in 2023

It will be the first time more than 1 million EVs are sold in the US in a calendar year, probably reaching between 1.3 million and 1.4 million cars, the research firm predicts. Although the numbers show significant progress for electrification, the nation is lagging behind countries like China, Germany and Norway.

The anticipated sales surge would mean that electric vehicles will constitute approximately 9% of all passenger vehicles in the US for the year. This represents a significant increase from the 7.3% share recorded in 2022.

Electric vehicle sales in the US are projected to reach a historic high, with estimates ranging from 1.3 million to 1.4 million cars in the calendar year 2023. This marks the first time that more than 1 million EVs will be sold in the US within a single year.
The anticipated sales surge would mean that electric vehicles will constitute approximately 9% of all passenger vehicles in the US for the year. This represents a significant increase from the 7.3% share recorded in 2022.

The increase in EV sales is seen as a positive sign of progress in the electrification of the automotive industry. As the US strives to reduce carbon emissions and transition towards cleaner energy sources, the growth in electric vehicle adoption contributes to achieving these goals.

Despite the noteworthy progress, the US is reported to be trailing behind other countries in terms of electric vehicle adoption. Notable examples include China, Germany, and Norway, where the adoption rates are reported to be higher. Norway, in particular, is cited as having a significantly higher adoption rate, with 90% of new car sales being electric vehicles in the first six months of 2023.

The global landscape for electric vehicle adoption is diverse, with different countries implementing varying levels of support, incentives, and infrastructure for electric vehicles. Comparisons with leading nations in electric vehicle adoption highlight areas where the US may seek to enhance its efforts.