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Friday 3 December 2021

(GUA) US EV SALES ONLY 4% IN 2021

The Biden administration, in the midst of a major push to encourage the take-up of electric vehicles, has been provided a sobering reminder of how badly the US is lagging in the adoption of zero-emission cars.

The White House has set a goal for electric vehicles to make up 50% of all new car sales by the end of this decade in order to slash planet-heating emissions and help avert disastrous climate change.

But a new report has found that electric cars will make up just 4% of American sales in 2021, compared with 9% in China and 14% of new sales in Europe.

This is in line with a distinct recent trend – while electric vehicles are on the rise in the US, with sales climbing at an annual rate of 28% between 2015 and 2020, the other major car markets have pulled significantly ahead. The electric vehicle fleet grew at 51% a year in China over the same five-year period, while Europe has seen a 41% annual increase.

A lack of federal government support for electric vehicles, cheap gasoline prices in the US and a paucity of charging infrastructure is holding back progress, the report by ING found, with a drastic increase to nearly 9m zero-emission car sales needed by 2030 to hit the administration’s goal. The Guardian - link - Oliver Milman - link - more like this - link

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