Washington (Gallant Gold Media Hill Report | Analysis | August 19, 2019)
by Noreen Wise
It’s exciting to see EV cars suddenly begin taking off similar to the way the iPhone did a decade ago. The iPhone’s first release was June 29, 2007, with sales of 1.39 million units worldwide. Sales leaped to 11.63 million units sold within one short year. And by the five year mark, 2011, Apple pulled off a stunning success of 72.29 million units. Although EV car sales haven’t seen the same immediate sustained sales success as the iPhone, mostly because of the initial high price, short range, and no charging station infrastructure, now that those issues have all been addressed, the tide will change.
Key Improvements that are giving EV cars traction with American public:
- Price has come down dramatically, several start at only $30,000
- Range has increased substantially (can now drive up to 200 miles on one charge); the range will continue to grow
- Charging stations are popping up all over the country
- It now only takes 20 minutes to recharge a BEV
- Many employers now have charging stations in the employee parking lot
- EV drivers will save approximately $1,000 a year not buying gas, possibly more
In 2018, Americans purchased 361,3017 EV cars out of a worldwide total sales of 2,018,247. (U.S. sales in 2009 were a paltry 6,000.) Norway has had remarkable success selling EV cars with 40 – 58% of the population already owning an EV, with the expectation that as soon as 2025 100% of Norwegian driving public will own an EV.
China sales have picked up substantially, driving global success. In 2018, the chinese purchased 1.1 million EVs.
The 10 best selling EVs in U.S. in 2019:
10. Smart EQ fortwo – 496 units sold in 2019
9. Jaguar I-Pace – 1,309
8. Audi e-tron – 1,835
7. Volkswagon e-Golf – 1,893
6. BMW i3 – 2,207
5. Nisson Leaf – 6,008
4. Tesla Model S – 7,225
3. Chevrolet Bolt EV – 8,281
2. Tesla Model X – 9,000
1. Tesla Model 3 – 67,650
2018 was an amazing year for EV sales, with fall of course being the biggest sales months as new models roll off the production line. Based on June 2019’s strength, nearly matching November 2018, it looks like 2019 will be a record year.
Let’s GO! Let’s beat China!
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