EVs: 9.3 percent of new U.S. light-duty vehicle sales in Q1 2024
EV market share down from Q4 2023 (10.2 percent of total market); up year-over-year (8.6 percent of total market)
113 electric models now available for sale in U.S. – light truck sales 84 percent of EV market
Charging infrastructure lags: only one new public charging port added per 48 new registered EVs
22 EV models (19 percent) eligible for all or part of federal 30D EV tax credit
WASHINGTON, DC – Alliance for Automotive Innovation today released its exclusive state-by-state analysis of the U.S. electric vehicle (EV) market for Q1 2024.
The Get Connected Electric Vehicle Report (Q1 2024) summarizes EV sales and purchasing trends across all 50 states.
This report includes a breakdown of light-duty market share by powertrain (2016-2024) and an update on EVs eligible for the federal 30D EV tax credit.
Sales up year-over-year, but down sequentially
- EVs represent 9.3 percent of new light-duty vehicle sales in Q1 2024, down from 10.2 percent in Q4 2023 and up from 8.6 percent in Q1 2023;
- 113 EV cars, utility vehicles, pickup trucks and van models now available for sale in the U.S. in Q1 2024. Light truck sales represent 84 percent of EV market