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I just published our big quarterly report on US auto sales trends in the past 5 years, including brand-specific trends. However, I’ve done something else this quarter for the first time. I’ve crunched the numbers to determine changes in electric car sales and changes in fossil fuel car sales across this time period, and now I’ve created charts to display this as well.
Note that “electric car” in this case only refers to 100% battery electric cars. Plugin hybrids are inherently falling into the fossil fuel car category. Before I get into those new charts, here’s one more look at the overall changes (electric cars plus fossil fuel cars):
Next, let’s have a look at the changes in US fossil fuel vehicle sales. As you can see in the charts below, fossil fuel cars on their own are down more than auto sales overall — down 1% versus 0% in Q3 2024 compared to Q3 2023, and down 15% versus just 8% compared to Q3 2019.
On a volume basis, fossil fuel vehicles lost a whopping 647,000+ quarterly sales in Q3 2024 compared to quarterly sales in Q3 2019. That’s a dramatic loss in quarterly sales. There’s no clear rebound either, as 2024 sales are even down 34,007 compared to Q3 3023.
Yummy, yummy. Now we get to the good stuff. You can see in these final charts that EV sales just keep going up and up. They were 8% higher in Q3 2024 than in Q3 2023, 65% higher than in Q3 2022, 180% higher than in Q3 2021, 349% higher than in Q3 2020, and 474% higher than in Q3 2019.
Nearly 300,000 more electric cars were sold in the US in the 3rd quarter of 2024 than in the 3rd quarter of 2019.
Electric car sales keep growing, no matter what anyone tells you, while gas car sales are far below where they were five years ago. So, the next time someone tells you EV sales are dropping, feel free to use these charts, or just the stats, to show that there’s a big difference between what’s happening with gas car sales and what’s happening with electric car sales. (And this is the US, not even the super hot EV markets of China and Europe.)
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