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EV Update

May 27, 2014
tags: , , ,

A great deal of attention has been given to Musk’s drive for a mega battery factory, which may have diverted attention from any progress that PHEVs and EVs have been making this year.
Here are the results for the first four months of 2014.

US Sales of Electric Vehicles, Including HEVs 2014

Month

Hybrid (HEVs)

PHEVs & Extended Range Vehicles

Battery (BEVs)

Totals
January

27,085

2,934

2,971

32,990

February 

30,561

3,721

3,324

37,606

March 

43,790

4,594

4,578

52,962

April 

39,430

4,718

4,187

48,335

15,967

15,060

While many people try to include Hybrids (HEVs), such as the Prius, in the total, it’s only those vehicles that can actually drive many miles using battery power alone that define electric vehicles. Including Hybrids merely muddies the waters, as they can only go about 1 mile on battery power alone.
The first four months of 2014 have seen mixed progress for electric vehicle sales. PHEVs increased smartly, with a 46% increase over the same period last year, while EVs increased at a slower rate of 10%.

Volt and Leaf pictures from DOE

Volt and Leaf pictures from DOE

It’s probably fair to reach two conclusions based on the sales of these vehicles since they were introduced.
It’s extremely unlikely that Obama’s target of 1 million PHEVs and EVs on the road by 2015 will be met1.
The billions of dollars spent on subsidies for PHEVs and EVs, and battery charging stations, has pretty much been wasted. A few wealthy people and early adopters benefitted from the subsidies, but American tax payers have not.

At this rate, there won’t be a need for Tesla’s $5 billion mega battery factory.

Note:
Total cumulative sales of PHEVs and EVs since 2010, was 222,850 vehicles.

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