US EV Sales Increase By 65% In 2022 Despite Overall Decline

Sales of electric vehicles in the United States grew by 65 percent in 2022, despite a decline in total new vehicle sales for the first time since 2011, new data shows.

New data from Kelley Blue Book shows that, for the first time in just over a decade, Americans bought fewer new cars than the year before. However, EV sales grew year over year by a significant margin: 65 percent.

Electric vehicle sales tipped 800,000 units and will likely continue to expand for years to come. Cox Automotive suggests EV unit sales will expand once again, and 2023 will be the first year that EVs will be sold over 1 million times.

Surged by government incentives like President Biden’s Inflation Reduction Act (IRA), which intends to push consumers toward EVs, 2023 could be the year of the electric car. With many manufacturers planning to roll out exciting and competitive models this year, one thing remains: Tesla still remains the EV King of the United States.