EV market penetration surpasses 30% in Four California counties

EV Charging 2024
EV Charging 2024

Some regions in the United States truly impress with their exceptional adoption rates of plug-in electric cars, as they have significantly higher EVs compared to the national average. Data from the United States’ National Renewable Energy Laboratory (NREL), as highlighted by the Department of Energy’s (DOE’s) Vehicle Technologies Office, revealed that certain counties in the country have exhibited remarkable market penetration for light-duty all-electric as well as plug-in hybrid electric vehicles, exceeding 30 per cent, as of late last year.

Strangely, all the four of the counties where EVs boasted remarkable market penetration of more than 30 per cent are located in California – the most populous state of the country. Santa Clara emerged as the leading county in this regard, with an impressive 35 percent share of registered rechargeable cars among 2022 model year vehicles. Marin County followed closely behind Santa Clara County at 34 per cent. Both Alameda and San Mateo counties boasted of 32 per cent EV market penetration.

Beyond the boundaries of the Golden State, a handful of areas also demonstrated substantial EV market penetration, surpassing the mark of 20 per cent. Notably, Colorado’s Boulder County and Washington’s San Juan County recorded a significant 22 per cent share, which also points to a substantial market presence well above the national average.

Broadly speaking, there were nearly one hundred counties across the United States where the market penetration of EVs had reached 10 per cent or higher by the end of 2022. Given the fast growth observed in the EV sector, all-electric car registrations surged by an impressive 67 per cent year-over-year during the first seven months of last year. Market experts are of the view that these figures will continue to experience gradual increases this year.

It is crucial to acknowledge that the geographical distribution of EV adoption is fundamentally diverse & influenced by various factors. Increase in number of EVs in any area depends on factors like consumers’ purchasing power, availability of charging infrastructure, and government incentives. That is why, some states like California enjoy accelerated EV adoption rates, while others continue to lag behind. The aforementioned regional disparity is prevalent in Europe as well, where certain countries, like Norway, boast an astonishing market share of approx. 90 per cent, while others struggle to achieve even 10 per cent share. These disparities underscore the complex interplay of economic, infrastructural, and policy factors that shape the pace of electrification across different regions.

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