A Handful of States Are Driving Nearly All US Electric Car Adoption

Using monthly vehicle registration data, Axios is tracking the transition to electric vehicles in the United States. What they found is that a handful of states are driving nearly all the country's electric car adoption. From the report: California -- no surprise -- leads the U.S. in electric vehicle ownership, accounting for 39% of all EVs registered nationwide. Look more closely at the numbers, however, and it turns out EVs represent less than 2% of all vehicles on the road in the Golden State. 4.6% of the new vehicles registered in the U.S. this past May were electric, according to the [S&P Global Mobility's] most recent data. That's more than double EVs' share of monthly registrations in May 2021 (1.9%). EVs still account for only about 0.6% of all registered vehicles in the U.S. Take California's EVs away, and it's just 0.4%.

As of April 1, Florida has the second-highest share of the country's EVs, at 6.7%. Then comes Texas (5.4%), Washington (4.4%), and New York (3.6%). Yet, EVs account for only 1% or less of all vehicles within each of these states. Besides California, the states or areas with the highest share of EVs within their own borders: Hawaii (1.3%), and the District of Columbia (1.2%). 'Tesla's brand loyalty more than doubled in the month of May and was higher than any brand in the industry, including Toyota and Ford,' S&P Global Mobility analyst Tom Libby tells Axios, noting that the Ford Mustang Mach-E, Hyundai Ioniq 5 and Kia EV6 are growing in popularity.

'We're just seeing the tip of the iceberg in terms of what's coming,' says Libby.

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