December 7, 2021
US Electric Vehicle Penetration to Cross 9% by 2025
Fluctuating oil prices and growing environmental concerns are pushing consumers toward alternatives to internal combustion engine (ICE) vehicles, accelerating the adoption of electric vehicles. According to the International Energy Agency’s Global EV Data Explorer, nearly 1.8 million EVs were registered in the US in 2020, representing 11.5% of the global EV sales. The annual electric vehicle sales in the US