Monthly EV Minute: Based on August 2024 Data

Oct. 4, 2024

Welcome back to our monthly update series that provides the latest developments on EV sales, EV user satisfaction, and EV charging growth based on comprehensive, nationally recognized data sources.

Below are the key take-aways from latest available information.

For more details, you can also visit our new EV Facts page with information about EV interest, model availability, charging infrastructure, benefits and impacts.

EV Sales as of August 2024

Plug-in electric vehicles (PEVs) sales continue to grow. As of the end of August 2024, a total of 997,759 PEVs were sold this year, up 9.38% year over year.

• For context, at the end of August 2023, cumulative PEV sales were 912,127. In other words, 85,000 more PEVs have sold in 2024 than at this same time last year.

Plug-in electric vehicles (PEVs) captured 10.2% of total light duty vehicle (LDV) sales in August 2024, up from 9.7% in July 2024. PEVs include both battery electric vehicles (BEVs) and plug-in hybrid electric vehicles (PHEVs).

• A total of 145,027 PEVs (121,473 BEVs and 23,554 PHEVs) were sold during August 2024 in the United States, up 17.3% from the sales in August 2023.
• A total of 1,418,771 light-duty vehicles were sold in the United States during August 2024, up 17.3% from the sales in August 2023.
• In total, 5,725,161 PHEVs and BEVs have been sold since 2010.

Source: Light Duty Electric Drive Vehicles Monthly Sales Updates - Argonne National Laboratory

EV Consumer Interest, Availability, and Affordability

According to JD Power EV Index data for September 2024, featuring data through August 2024:

• The EV adoption index rose, and mainstream EV sales accounted for more than a third of total EV sales for the first time at 36%.
• Leases, particularly for compact SUVs, became more affordable. The availability of lower-priced trims improved affordability overall.
• Pickups provide more range: the GMC Sierra EV and Chevrolet Silverado EV topped range scores.

EV Charging in August 2024

Charger Growth:

• From August 1 to August 31, an additional 2,912 charging ports came online, representing a 1.5% increase in our national charging network.
• See overall growth trends for yourself at driveelectric.gov/stations-growth.

National Charging Network Size:

• The national charging network has doubled since the start of the Biden-Harris Administration!
• There are more than 193,700 charging ports available across every state in more than 71,800 locations as of today.
• When President Biden took office, only 38% of the most heavily trafficked corridors had fast chargers at least every 50 miles. As of September 30, 2024, families can travel 57.8% of the most heavily trafficked corridors and expect a fast charger at least every 50 miles. By the end of next year, we expect that 70% of those corridors will be covered.
• For real-time data and to find chargers funded through the Bipartisan Infrastructure Law, visit driveelectric.gov/stations.