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Global EV Sales Jumped by 75% in May

A clean energy production surge continues in transportation as global EV sales in May jumped by 75 percent from around 92,000 during 2017 to approximately 159,000 in 2018.

The big surge was led by major production increases from Tesla, BYD, and BAIC, with BMW and Volkswagen running close behind.

(Global EV production appears to be on track for between 1.8 and 2 million by end of 2018 led by Tesla, BYD, and BAIC.)

The large increase in EV interest comes as nations, states and cities move to address a combination of issues including bad air quality due to fossil fuel based vehicle use and increasing impacts from human caused climate change. Numerous cities set about to restrict or ban fossil fuel vehicle use to improve local health by reducing particulate emission and/or due concerns about threats to cities emerging from human caused climate change.

In addition, major state and national policies like those coming from China and California are incentivizing EV purchases even as more attractive and capable EV models are hitting the roads. The result is a kind of perfect storm for EV adoption expansion despite a wide-ranging misinformation campaign against EVs and EV leaders like Tesla spear-headed by the fossil fuel industry.

Overall, between 1.8 and 2 million EVs are likely to hit the roads in 2018. A number which appears set to double through 2020 as traditional automakers race to catch up to the likes of Tesla and the Chinese. As an example, 7 percent of BMW vehicles sold are now electric. A portion that is likely to rapidly expand over the next couple of years as the former all ICE manufacturer tries to fight off major competition from Tesla and others.

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14 Comments

  1. Robert E Prue

     /  July 5, 2018

    Just heard that Scott Pruitt has resigned! Wonder what he will be replaced with?

    Liked by 1 person

    Reply
    • Good news. Although I doubt we’ll get a happy replacement, it does result in the removal of someone who has produced an amazing degree of policy related climate harm.

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      • wharf rat

         /  July 5, 2018

        Liked by 2 people

        Reply
  2. david distefano

     /  July 5, 2018

    i have asked this question before with no real response. i need a ford f-450 type truck for my photography because of the off road my wife and i do and the heavy camper i carry. i don’t see anyone including tesla developing this type of truck due to low demand for such a truck. i will need a new one in 3 years, does anyone think an ev option will be available?

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  3. Mblanc

     /  July 7, 2018

    Imho, the brief answer to David’s question is yes, but quite how extensive his choices will be (in 3 years time) is less certain.

    Clearly there aren’t really any mainstream EV’s, fit for his needs and being made right now, but then that is the case in many niche motoring sectors. Although of course, you could probably get a F-450 converted to electric tomorrow if you had deep-ish pockets and the motivation.

    I think a boom in electric commercial vehicles is just around the corner (starting with the short range market), as the bean counters love cost savings and they won’t be spooked by things like range anxiety, as easily as individuals are. That tech will presumably end up in light trucks, as well as heavier ones, pretty quickly. I can’t think of any good reason why it won’t.

    Although we cannot find an example/prototype/plans of exactly what you need (in 3 years time) today, we can show you many examples of things a little smaller or a little bigger. On that basis, I think you will certainly have some options by mid 2021.

    Out of interest, could you tell us about the fuel costs and the annual mileage you do with your current set up?

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  4. Mblanc

     /  July 7, 2018

    July 2018 UK vehicle sales are in, here is an overview highlighting the recent dramatic changes in the market. Diesel sales are dropping at around 30% year on year.

    ‘Ian Plummer, director at Auto Trader, said the sale of new AFVs now would mean more eco-friendly options for used car buyers in the near future.

    ‘Every month seems to bring more negative news about diesel,’ he said. ‘But the bright spot for the industry in June’s figures is that electric and hybrid sales are really starting to gain traction and pick up some of the slack.Ian Plummer, director at Auto Trader, said the sale of new AFVs now would mean more eco-friendly options for used car buyers in the near future.

    ‘AFV registrations in June were 15,549 – still well below the 74,361 diesels, but 45 per cent up on last year, and the rate of growth is accelerating. AFVs now account for 6.6 per cent of all new car sales.

    ‘Every month seems to bring more negative news about diesel,’ he said. ‘But the bright spot for the industry in June’s figures is that electric and hybrid sales are really starting to gain traction and pick up some of the slack. If current trends continue, it probably won’t be much more than a couple of years until AFVs overtake diesel in sales volumes.

    http://cardealermagazine.co.uk/publish/rising-afv-sales-silver-lining-cloud-diesel-decline-says-auto-trader/153491

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