EV sales share in the US hit 5.8% in 2022, up from 3.2% in 2021,...

EV sales share in the US hit 5.8% in 2022, up from 3.2% in 2021, with total EV sales surpassing 800,000 for the first time. This is an important milestone, as many experts believe the EV adoption rate will be slow and sporadic until it reaches 5%. As stated by BloombergNEF, the 5% tipping point for electric vehicle adoption is based on observations of other markets, such as China and Europe. These markets saw a three to four-times acceleration in EV adoption after surpassing the 5% threshold.
Known as a state with a great emphasis on environmental issues, California is paving the way for the future of electric vehicles in the United States. In 2022, EVs made up 18.8% of all new cars sold in California, which is almost one in every five cars sold. In comparison, EV sales were 5.8% of all U.S. car sales in 2022.

Following California, Oregon and Washington hold the largest market shares for EV sales among the states, each achieving over 15% of electric vehicle sales out of total new car sales (based on Q1 data), Hawaii is closely trailing with approximately a 15% share (also based on Q1 data). In total, around 10 states in the country have surpassed a 10% market share for rechargeable vehicles, and 18 states have exceeded a 5% market share. BEV is the majority of ZEV sold in all the markets.