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U.S. Market: BEV Sales Ratio 7.5%, with over 20% in California

New CO2 limits proposed for MY2032 at 82 g/mile, new CAFE standard at 57.8 miles/gallon

2023/11/24

Summary

2024 Chevrolet Blazer EV
2024 Chevrolet Blazer EV (Source: Chevrolet)

  In August 2021, the Biden administration announced a goal of 50% of light vehicle sales to be ZEVs (BEVs/FCEVs/PHEVs) by 2030, aiming to popularize EVs. In the U.S., BEV sales for the January-September period of 2023 totaled 880,000 units, or 7.5% of total light vehicle sales.

  In April 2023, the U.S. Environmental Protection Agency (EPA) announced a proposed CO2 regulation that would set light vehicle CO2 emissions for MY2032 at 82 g/mile. Achieving this regulation requires a BEV ratio of 67% by MY2032. However, the Alliance for Automotive Innovation (AAI), an industry group, argues that that this cannot be achieved as there are many unresolved issues, such as the development of the charging network.

  California intends to ban the sale of new cars equipped with internal combustion engines (ICE) by MY2035. In the state, BEV and PHEV registrations in January-June 2023 accounted for 24.4% of all light vehicles registered, leading the nation in EVs. Seventeen states will adopt (partially in some states) California's zero-emission vehicle (ZEV) regulations.

  The development of recharging networks is considered one of the most important issues for promoting the popularization of EVs. As of mid-2023, there are approximately 140,000 public chargers in the U.S., of which only 32,000 are DC fast chargers. In addition, two-thirds of the fast chargers are Superchargers installed by Tesla, and major OEMs including Ford, GM, and three Japanese companies have announced partnerships to use Tesla's Superchargers.

  This report focuses on trends related to the promotion of EVs in the U.S. market.


Related Reports:
US Electric Vehicle Charging Infrastructure (1) (Nov. 2023)
Inflation Reduction Act: Support for EV/PHEV/FCEV Purchases (Jun. 2023)
WCX 2023 (2) Considerations in accelerating deployment of BEVs (May. 2023)
The Maturity of the Electric Car Market - A Global Comparison (Mar. 2023)
U.S. Market: Policies to Expand Semiconductor Production and Popularize EVs (Oct. 2022)

 

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