July Was 3rd Best EV Sales Month In U.S., 2nd Highest Market Share

AUG 8 2016 BY MARK KANE 14

U.S. Plug-in car sales – July 2016

U.S. Plug-in car sales – July 2016

Chevrolet Volt hits a "hundie" in July

Chevrolet Volt hits a “hundie” in July

As we enter the second half of the year, mostly good news is coming from the plug-in car market in the U.S. which has been logging strong gains of late.

13,432 sales were reported for July, which is 50% more year-over-year, and the 3rd best result ever, as well as best July ever.

In total, 78,179 sales have now been made in the first seven months of 2016, which is 23% more than year ago; also, in about one month’s time we should celebrate 500,000 sales made in the US since of December 2010.

EV Market share in July was 0.88%, which was the second best result ever.  As a result, the average market share for the year also increased to 0.77%, and is expected to grow further in near term as 2nd half plug-in sales in the US are always much stronger.

We should note that while other countries struggle to grow both all-electrics and PHEVs at the same time, both are growing at a decent pace in the US – mostly on the back of strong domestic all-electric sales from Tesla (with the Model S and Model X), and on the plug-in hybrid side from GM (which sold a new 2016 record 2,406 Volts in July), and Ford (2,096 sales of the Fusion and C-Max Energi in July).

The US market now impatiently waits for new 2017 models and battery options to hit the market shortly, which we hope will leverage the sales to unseen new levels.

Also of interest:  Check out the month-to-month (and yearly) sales of all plug-in models sold in the US since the start of the current “EV revolution” in 2011 on our “Monthly Plug-In Scorecard” here.

U.S. Plug-in car sales – July 2016

U.S. Plug-in car sales – July 2016

U.S. Plug-in car sales – July 2016

U.S. Plug-in car sales – July 2016

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14 Comments on "July Was 3rd Best EV Sales Month In U.S., 2nd Highest Market Share"

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In 2011 (when I didn’t even know what an EV was) there were 17,425 units sold in the US. That’s THE ENTIRE YEAR. Now, just 5 years later, we may actually ecplipse that number in one month. If it doesn’t happen this year, it most certainly will happen next year. And, with so many new and better models coming out in the next 12 months, the 1% market share barrier will be breached and likely stay in the rear view mirror forever. These are truly exciting times! I can’t wait for the day when we can look at Saudi Arabia and the rest of the Middle East and say, no thanks, we don’t need your oil anymore.

Fracking has pretty much lifted our production to the point where we import oil from just Canada (15%), Venezuela (7%) and Mexico (6%) in any real numbers. We do get 8% from the Saudis, which is less than optimal.
But I take your point. Oil is a partially fungible good, so demand for oil in the US, regardless of where it comes from, impacts the global price of oil.

zerohedge.com/news/2016-05-04/where-does-us-get-its-oil

Great info Ziv, thanks for sharing. I knew imports from the Middle East were down but didn’t realize it was by that much. But that’s still a substantial amount of oil imported from countries who are less than friendly toward us (include from the info graphic, Russia, Venezuela, and a handful of others). Once we transition our entire transportation sector over to electric drive, we are fully capable of handling all of our own oil requirements with domestic production. With all due respect to our friends in Canada, we don’t need their oil either. Energy independence is my main driver for supporting EVs. My Leaf drives on 100% domestically produced electricity, and I like that!

And once we become energy independent, the next step is sustainable energy. That means bye-bye fossil fuels.

Rightofthepeople, I agree with both you and kdawg. Cars like the Leaf and the Volt are pointing us in a new, better direction. There is a large place for natural gas in the immediate future, but eventually I hope we can do better. I wish we would move to expand our use of nuclear power because it is a no compromise technology that we already have that could make a huge difference in our CO2 output relatively quickly.
But wind and solar are getting cheaper and more reliable relatively quickly. I think we should keep moving towards them but doing so keeping in mind that other energy sources are needed in the short to medium term.
When I started following the Volt in 2007, I thought we would be further along by now. But changing the course of a ship this big is not done overnight.

Agreed. While I believe the goal should be 100% renewables and a complete withdrawal from fossil fuel use, I also believe that transition will take many more decades. From a practical standpoint it just isn’t going to happen quickly, but we need to start somewhere and I’m glad to see the change starting now. I hope that one day many years from now I will tell my grandchildren or their children stories about pumping gas into cars and all of the coal fired power plants that used to dot the landscape.

Nuclear needs heavy sponsoring from the tax payer. If they have to shoulder their cost themselves they are dead.

The promise that nuclear power is too cheap to meter.
The reality is too expensive to matter.

http://thinkprogress.org/climate/2016/08/04/3803499/nuclear-power-bail-out/

(And the most complex and dangerous way to boil water yet devised by mankind. Where and when will the next core meltdown happen? )

[1970, 1986, 2011 = 5 core meltdowns – every 7 years?]
Ooops – I missed the first (?) core meltdown 1959, 1964, 1969

https://en.wikipedia.org/wiki/Sodium_Reactor_Experiment

https://en.wikipedia.org/wiki/Santa_Susana_Field_Laboratory

clean up status
http://www.latimes.com/business/hiltzik/la-fi-hiltzik-20140613-column.html

And I suspect there are other “secret military sponsored reactors” from other governments I don’t know about.

Not really true.

By volume only USA could sustain itself even right now (if only prices where good).

But by quality USA need diverse spectrum of oil. Which can not be meet just by internal supply.

Electric transport may not change that.

A lot of different industries use oil derivatives as inputs.

Would be interesting to chart how many plug-in models were available to choose from over the years too. We started with 2 and now are up to 30+ models in the US.

Think this is spot on. Folks can complain about charging over 100 grand for a battery electric vehicle … and be right doing so … but without Tesla these numbers would look pretty bad.

Chevy Bolt coming out soon…bad idea for GM but a great thing for EV’s.

Autonomous driving will have a far bigger impact on the use of fossil fuels imo because you just won’t see the number of cars on the road once you have “auto on demand.”

The fuel mileage on plain old ice vehicles continues to surge as well.

With the 2017 models I hope we will finally see market share above one percent. It is always a bit dismaying to be reminded EVs – even including the hybrids – isn’t even one out of a hundred brand new cars added to the roads.

The market will get there tho. By 2025 I’m sure things will look VERY different.

You have to include public transportation in these calculations…which is overwhelmingly all electric.

The number of folks not using gasoline or diesel fuel these days is truly remarkable. Plus a lot of trucks are converting over to natural gas which is piped in directly to the fuel station.

That takes a lot of trucks off the road.

One look at what you pay to fly says it all to me.

These new models you speak of, I bet would look good in a list in an article of there own?