Hybrid and Electric Vehicle Sales Hit Record Numbers in May

by Jon LeSage

SITUATION:

  • Elec­tric Dri­ve Trans­porta­tion Asso­ci­a­tion just released num­bers on hybrid and plug-in elec­tric vehi­cle sales, just pri­or to start of its annu­al con­fer­ence.
  • While yet to make their mark in total new vehi­cle sales, the num­bers were strong in May.
  • Hybrids reached 48,796 units sold in May, reach­ing an over­all per­cent­age increase larg­er than total new vehi­cle sales. For this year, hybrid sales have reached 212,711, 14% high­er than year-to-date sales at this point in 2012.
  • As for plug-in vehi­cle sales, the num­ber reached 7,754 – high­est sales month since mass mar­ket intro­duc­tion in late 2010.
  • Plug-in sales have reached 32,305 so far this year, and just passed 100,000 units in the mar­ket, clos­ing May at 103,220 units sold in just over two years.

SIGNIFICANCE:

  • May sales are more than dou­ble the 3,378 plug-in vehi­cles that were sold in May 2012, – 130% increase over last year.
  • “With con­stant­ly advanc­ing tech­nol­o­gy and build­ing con­sumer con­fi­dence, the elec­tric dri­ve indus­try is well posi­tioned to car­ry this momen­tum for­ward,” said EDTA Pres­i­dent Bri­an Wynne. “These cars use far less gaso­line than their com­bus­tion engine coun­ter­parts — or no gas at all. Not to men­tion they’re incred­i­bly fun to dri­ve.”
  • Automak­ers have been low­er­ing prices this year on mod­els such as Nis­san Leaf and Hon­da Fit EV, mak­ing mar­ket more com­pet­i­tive and help­ing to increase sales.
  • EDTA annu­al con­fer­ence tak­ing place June 10–12 at Ward­man Park Mar­riott in Wash­ing­ton, DC. Sales fig­ures will be a big top­ic of dis­cus­sion there.

Source:  EDTA May 2013 Elec­tric Dri­ve Sales Dash­board

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