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Registration Doubles for EVs

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April 16, 2019—Registration for electric vehicles has doubled since 2017, TechCrunch reports. According to the publication, 208,000 electric vehicles were registered in the U.S. last year.

TechCrunch reports that the growth in EVs are primarily located in Calif., as well as additional nine states that have adopted the Zero Emission Vehicle program. California was the first to launch the ZEV program—which requires automakers to sell both electric vehicles and trucks— as well as Connecticut, Maine, Maryland, Massachusetts, New Jersey, New York, Oregon, Rhode Island and Vermont.

An IHS Markit report estimates that more then 350,000 new EVs will be sold by 2020 in the US, TechCrunch reports, where it's predicted that the number will increase to 1.1 million by 2025. 

“A rapid increase in EV nameplates is the catalyst behind the projected growth throughout the next decade,” Devin Lindsay, IHS Markit powertrain analyst said in a statement to TechCrunch. “While relatively successful models such as the Tesla Model 3 mature in the market, other traditional automakers will be rolling out not just one EV as we have seen in the past, but multiple models off dedicated EV platforms.”

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