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Source: Flickr

Electric Vehicle Sales See Major Increase Over Past 12 Months

By Brian Spaen

How fast is the electric vehicle market growing in the United States? Turns out not everybody is just waiting for Tesla’s new Model 3. The industry continues to skyrocket around the world, and the United States has seen a booming 2017 so far. It’s seen nearly a 40 percent jump over the last 12 months compared to the year before. Assuming this rate continues, we could see a much higher share of EVs in the automobile market than originally anticipated.

According to Inside EVs, June saw around 17,182 fully electric and hybrid vehicles sold in the month. Most of that is led by the big four manufacturers -- Tesla, Chevrolet, Toyota, and Nissan. All of them saw their vehicles move in four-figure territory for the second consecutive month. That’s over 2,300 more units than the year before, a 16 percent gain.

December 2016 remains an outlier as the highest month on record, hitting close to 25,000 sales. This was due to Tesla pushing back their deliveries and rebates expiring. Late summer and into fall last year were some of the highest-selling months for EVs last year, but we should still see each month in 2017 beat those previous totals out.