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Electric Vehicle Industry Statistics
Written by Saltanat Berdikeeva
Edited by Hannah Hillson
Last updated 08/24/2023
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Key Points
- The number of electric vehicles (EVs) on U.S. roads surged from 14,000 to over 1.3 million between 2011 and 2021.
- EV sales in the U.S. could hit over 50% of all passenger car sales by 2030.
- Incentives, environmental concerns, lower-cost fuel, maintenance, and repairs of EVs are some of the factors behind the increasing appeal.