EV Sales Surged in Past Two Years
Consumer demand also ballooned in period of dealership infrastructure investment in transition.
Consumer Reports data shows EV demand jumped 350% from 2020 to 2022.
IMAGE: Pexels/Kindel Media
Dealerships sold five times as many electric vehicles last year as in 2020, said the National Automobile Dealers Association, citing Wards Intelligence data.
The sales report also projects that 2023 will see another big EV sales increase.
Franchised dealerships sold nearly 260,000 battery-electric vehicles last year, NADA said, up from just over 135,000 in 2021 and 53,000 in 2020.
It also cited Consumer Reports data that shows EV demand jumped 350% in the same two-year period.
NADA says dealers are the primary consumer educators when it comes to EVs and that they’re “leading the way in EV investments,” including chargers, power lines and other infrastructure.
Originally posted on Auto Dealer Today
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