Thread by @EVAdoptionTweet

2019 US EV Sales Decreased an Estimated 7% to 9% – 6 Reasons Why

My latest EVAdoption article with 8 new charts analyzing various factors that drove the decrease in US EV sales in 2019

#ElectricVehicles @Tesla
bit.ly/2TJ0Epg

@Tesla 1) 2018 Was a Monster Year for EV Sales: Sales of EVs in 2018 were a record 328,818 units (using Auto Alliance numbers), a 74% increase over 2017.

Equaling or beating the 2018 sales volume was always going to be unlikely, because of the following additional 5 factors.

@Tesla 2. Tesla Model 3 Only Had “Modest” Growth: 
- M3 accounted for ~38.7% of all EV sales in 2018
- InsideEVs’ 2019 estimates = 48.2% of all US EV sales
- Increase of only 19,143 units/5.8% of all EV sales
- But 31% decline among the other top 10 selling EVs available in 2018 + 2019

@Tesla 3. Significant Decline Among Top Selling Vehicles: 

- Top 10-selling EVs in 2018 down 32,000/-10.4% in 2019
- M3 had increase in sales (+19,143)
- Other 9 of top 10 EVs from 2018 saw an average decline of 5,673/-19.5% in 2019
- Top 10 2018 EVs accounted for 83% of sales in 2019

@Tesla 4. Sales Declines for 63% of EV Models:

- 27 of 43 EVs available in 2018 & 2019 saw a sales decrease for a total of -70,841
- Only 16 saw an increase in sales, for a total of +29,675
- If you exclude Model 3, sales only increased 10,532 units from the other 15 EVs w/ YOY growth

@Tesla 5. No New High-Volume EVs Were Introduced:

- 8 new EVs in the US in 2019
- Subaru Crosstrek PHEV, Kia Niro BEV, Hyundai Kona EV, Audi e-tron, Porsche Taycan, Lincoln Aviator Grand Touring, Range Rover & Range Rover Sport PHEVs
- Sales = ~9,500 units/2.9% of total 2019 EV sales