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You are here: Home / News / Electric Vehicle Share in the US Reaches Record 1.8% in 2020

Electric Vehicle Share in the US Reaches Record 1.8% in 2020

February 22, 2021 By CollisionWeek Editor

Electric vehicle (EV) registrations in the US in 2020 reached record market share of 1.8%, demonstrating increased consumer interest for electric vehicles, according to new analysis from IHS Markit (NYSE:INFO), the information, analytics and solutions provider. December 2020 also represented the highest monthly share for EV new registrations, at 2.5% of the industry โ€“ a record monthly level since IHS Markit began tracking new vehicle registration data by fuel type. For the purposes of this analysis, EVs reflect those vehicles only powered by electricity and no other power source.

IHS Markit logoWhile overall registration volumes were down across the industry for the

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Filed Under: News Tagged With: Electric Vehicles, IHS Markit, New Vehicle Registrations

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