⌛ Did you miss ProPicks’ 13% gains in May? Subscribe now & catch June’s top AI-picked stocks early.Unlock Stocks

California accounted for 40% of U.S. zero-emission vehicle sales in 2022

Published 01/23/2023, 02:00 PM
Updated 01/23/2023, 02:51 PM
© Reuters. FILE PHOTO: Travelers commute on the I-90 highway in Chicago, Illinois, U.S. November 21, 2022. REUTERS/Jim Vondruska/File Photo
TSLA
-

(Reuters) -About 19% of all cars sold in California last year were zero-emission vehicles (ZEVs), accounting for 40% of all ZEV sales including hybrid vehicles in the United States, data showed.

United States President Joe Biden has called for 50% of all new vehicle sales by 2030 to be EVs or plug-in hybrids (PHEV).

California Governor Gavin Newsom first announced the plan in September 2020 to phase out vehicles that run only on gasoline by 2035, and the state last year moved to require all new vehicles sold in the state by 2035 to be PHEV or fully electric.

About 12% cars sold in California in 2021 were ZEVs.

A database collated by California's Energy Commission showed on Friday that about 346,000 ZEVs were sold in California in 2022, with Tesla (NASDAQ:TSLA) Inc's Model 3 leading the sales charts, as about 95,000 of the electric vehicle was sold in the region.

Austin, Texas-based Tesla's Model Y compact SUV came a close second, with about 94,000 cars being sold in the state.

© Reuters. FILE PHOTO: Travelers commute on the I-90 highway in Chicago, Illinois, U.S. November 21, 2022. REUTERS/Jim Vondruska/File Photo

Californians bought about 51,000 plug-in hybrid electric vehicles last year and about 80,000 electric vehicle chargers were installed in the state in 2022.

About 286,000 battery-electric vehicles with a range of 200 miles or more were sold in 2022.

Latest comments

Loading next article…
Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.