Multiple electric-vehicle reports released this week give a mixed picture of adoption patterns.
One thing is clear: Buyers now have options if they choose to switch to electric, so it will be telling how adoption unfolds from this point.
New studies show mixed results and adoption forecasts.

Two studies put U.S. EV adoption at 8% of new-vehicle sales, though that's down from peak levels.
Pexels/Kindel Media
Multiple electric-vehicle reports released this week give a mixed picture of adoption patterns.
One thing is clear: Buyers now have options if they choose to switch to electric, so it will be telling how adoption unfolds from this point.
J.D. Power pointed out that since multiple mainstream EV launches and trim expansions in the past couple of months, most premium and mass-market consumers now have EV options in their price points. It also pointed out that prices have fallen to their lowest levels so far, the average total cost of ownership for a premium EV dropping to $62,600 in May and to $58,100 for mass-market shoppers. In fact, many EVs are now more in reach than comparable gas-powered models, it said.
When polled, about 60% of consumers in the market for a new vehicle in the next 12 months said they’re very or somewhat likely to consider an EV, up about one percentage point month-over-month though down from peak levels seen in the fourth quarter. Actual EV adoption rates have plateaued at a little over 8% since March, J.D. Power said.
“Consumer response to these changing market dynamics during the next several months will be a key indicator of future EV demand,” J.D. Power said.
In the second quarter, U.S. EV sales jumped 11% year-over-year to more than 330,000 units and 8% of new-vehicle deliveries, according to Cox Automotive, which called that a record that came despite 6% lower Tesla deliveries. Along with more model choice, it credits greater discounts and increased leases.
“This increased competition is leading to continued price pressure, gradually boosting EV adoption,” said Cox Industry Insights Director Stephanie Valdez.
The quarterly results may reflect enough sustained growth to point to mass-market adoption. A study released by startup Recurrent and based on Boston Consulting Group and International Energy Agency projections estimates that EVs will reach 50% market share in the U.S. by 2030.
Recurrent, which provides battery reports for used EVs, anticipates used EV sales growth triggered by a coming wave of off-lease vehicles in the first quarter of 2026.
Meanwhile, worldwide EV sales growth slowed last year, according to a report by Munich-based management consultancy Roland Berger. Global EV deliveries grew 33%, down sharply from the more than 100% bump in 2022. The average EV share of new-vehicle registrations rose 20% - up from 14% the previous year - but fell in some established markets, such as Germany and South Korea.
The study blamed inflation, high electricity prices and curbed subsidies as governments focus more on building charging infrastructure, the lack of which curtails adoption.
LEARN MORE: Final Fuel-Economy Rule Sets Lower Bar
Originally posted on Auto Dealer Today

At nearly 14%, California had the lowest zero-emission vehicle market share in the first quarter since the fourth quarter of 2021, according to the California New Car Dealers Association.
Read More →
The new chief revenue officer joins the company from one of its partner firms and is an industry thought leader in participation programs.
Read More →
Technology leaders from Hyundai Motor Group will have open discussions at the inaugural HMG Tech Talent Forum on topics ranging from autonomous driving to 'smart' manufacturing.
Read More →
Stellantis is adding a third end-of-life vehicle dismantling facility to feed its growing reuse business sparked in large part by autos’ growing lifespans.
Read More →
U.S. consumer interest in electric vehicles lags behind other countries despite the rising gas prices caused by the ongoing war in the Middle East.
Read More →
Research reveals the brands and models most likely to have higher recall rates over their lifetimes. While some brands rank high, addressing safety issues can be a selling point.
Read More →
Dealers are facing growing frustrations with current generic artificial intelligence tools, according to a survey by Lotlinx, which found they want a solution that understands their inventories.
Read More →
Scott Cooke has served in various roles with Toyota Financial Services for over 20 years, including president and CEO, which he retires from on June 30.
Read More →
The sale of two Minnesota franchises ends a rare multigenerational business while adding to one of the Midwest’s biggest auto groups.
Read More →
2026 NADA Chairman Rob Cochran knows a thing or two about leadership after decades in the business. He brings an emphasis on stewardship to his new role at the head of the country’s major auto retail trade group.
Read More →