The U.S. Electric Vehicle Industry - Statistics & Facts

As part of the American Recovery and Reinvestment Act, the U.S. government invested some 2.4 million U.S. dollars in federal grants to develop the U.S. electric vehicle industry. The government's efforts helped push the U.S. mobility industry forward while creating numerous so-called "greencollar jobs" to aid in the recovery of the American economy.

Although plug-in electric vehicle (PEV) sales have tripled between 2014 and 2018, their share of the market stood at 1.2 percent in 2018 and is projected to be a modest 7.6 percent in 2026. Although being more environmentally benign in terms of greenhouse gas emission levels, the advantages offered by battery-powered vehicles are set off mainly by high initial costs and limitations regarding battery range, as the distance covered per trip by their internal combustion-propelled competitors continues to be unmatched. Notwithstanding the low market share, manufacturers are continuing to add new electric vehicle models into their range of vehicles offered.

Tesla Inc., led by Elon Musk, continues to dominate the U.S. electric vehicle market with around 160,000 electric vehicles sold in the United States in 2019. Tesla released their new Model 3 in 2017 in an effort to target more price-conscious EV consumers while attempting to alleviate investor concerns with somewhat disappointing sales of their luxury models, Model S and Model X.

Interesting statistics

In the following 4 chapters, you will quickly find the 24 most important statistics relating to "The U.S. Electric Vehicle Industry".

Electric vehicles in the United States

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Important key figures

The most important key figures provide you with a compact summary of the topic of "The U.S. Electric Vehicle Industry" and take you straight to the corresponding statistics.

Electric vehicle manufacturers

Electric vehicle infrastructure

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