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Saturday, February 1, 2020

Many New Models in 2019, Yet U.S. Electric Vehicle Sales Fall 6.8%

In late 2018,
I would have bet 
that U.S. sales 
of electric vehicles 
       ( EVs )
would be higher 
in 2019, unless 
there was 
a recession 
in 2019.

That bet 
would have 
lost money !

The Los Angeles Times  
reports that total EV 
sales were down.
in 2019, despite the
45 new all-electric and 
plug-in hybrid models
introduced last year.

325,000 EVs and 
plug-in hybrids 
were sold across 
the nation in 2019, 
down 6.8% from 
349,000 in 2018.

“The number 
of battery-electric 
models available 
more than doubled 
last year, 
but EV sales 
didn’t budge much. 
That’s troubling,” 
said the head 
of the automotive 
practice at 
consulting firm 
AlixPartners, 
Mark Wakefield.

The total range 
before a recharge 
remains a serious 
concern among 
consumers. 

Gasoline prices 
remain low.

Electric vehicles 
are more expensive 
than their internal 
combustion engine 
competitors.  

Especially with some 
of the government’s 
generous subsidies 
ending for many 
of the market’s 
best-selling EVs.

U.S. Tesla sales 
of their cheaper Model 3
jumped +14% in 2019, 
and more than doubled 
globally to 300,600.

Many so-called 
‘Tesla killers’ 
hit the market 
recently but have 
had very low sales.

I have an 
above average
interest in cars. 

I spot Teslas 
all the time 
here in Michigan
 ... but some of the 
recently introduced 
electric models are 
a mystery to me,
due to very low
sales volumes.


  2019 Sales - U.S. only
( some models may have been
introduced during 2019 )

Jaguar I-Pace ( 2,594 sales )
Audi e-tron ( 5,369 sales )
Hyundai Kona ( about 3,600 sales )
Kia Niro ( under 1,000 sales )