Electric vehicles made up more than 5% of new vehicle sales in the United States last year, and experts say rapid growth in transportation electrification is likely to continue. Federal funds will help to develop a national charging network and incentivize consumers to purchase from dozens of new models that automakers are bringing to market.
EVs as a percent of new vehicle sales have risen from around 2% in 2020 to more than 6% in the third quarter of 2022.
“There’s an incredible amount of opportunity and momentum,” Electrification Coalition Executive Director Ben Prochazka said.
