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Monthly EV Minute: June 2024

Aug. 1, 2024

Monthly EV Minute – June 2024 – 120,314 plug-in EVs sold and 3,000 new places to charge

Welcome to the first monthly update on electric vehicle (EV) sales and charging growth!

We know that there is a lot to keep track of when it comes to a rapidly growing and changing electric vehicle (EV) landscape. This monthly update series will provide 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.

EV Sales for June 2024

According to Argonne National Laboratory, plug-in electric vehicles (PEVs) captured 9.1% of total LDV sales in June 2024. PEVs include both battery electric vehicles (BEVs) and plug-in hybrid electric vehicles (PHEVs).

  • A total of 120,314 PEVs sold during June 2024 in the United States: 96,666 BEVs and 23,648 PHEVs.
  • Cumulatively, 716,834 PHEVs and BEVs have been sold in 2024.
  • In total, 5,439,744 PHEVs and BEVs have been sold since 2010.

Monthly PEV shares (of all LDVs) – Chart showing the growth of BEV sales, which was about 2% or less between 2010 and 2021 before increasing rapidly to about 8% by 2024, as well as the growth of PHEV sales, which increased slowly from 2010 to 2024 to about 2%.

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

EV Consumer Interest and Availability

  • As of June 2024, 61 percent of current non-EV owning new car shoppers identified that they are somewhat (33.9%) or very likely (27.7%) to consider an EV for their next purchase or lease (JDP EVC Monthly Pulse).
  • Mainstream model availability is steadily increasing, driven by new products entering the market and price improvements for existing models. Through May 2024, JD Power’s Availability Index score, based on the percentage of car buyers with an EV alternative, is up 17.8 points year over year and 4.1 points month over month to 58.4/100.

EV Charging Installations in June 2024

Charger Growth

  • From June 1 to June 30, an additional 3,000 charging ports came online, representing a 1.6% increase in our national charging network.
  • See these growth trends for yourself at driveelectric.gov/stations-growth.

National Charging Network Size

  • There are more than 189,000 charging ports available across more than 70,000 locations.
  • When President Biden took office, only 38% of the most heavily trafficked corridors had fast chargers at least every 50 miles. As of July 2024, families can travel 56% 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.
  • To find real-time data availability and to find those chargers funded through the Bipartisan Infrastructure Law, visit driveelectric.gov/stations.