Electric vehicle sales rise as registrations jump 57% through September

Source: By Dan Zukowski, Utility Dive • Posted: Monday, November 14, 2022

Close-up of front hood of a gray car from the right side, with an electric vehicle charging cable plugged in to the front of the hood.

EV registrations continue to grow, including markets outside California. Drew Angerer via Getty Images

Through the first nine months of this year, registrations for electric vehicles rose 57% compared to the same period last year, according to data from Experian Automotive cited by Automotive News. More than 530,000 new battery-electric vehicles were registered in the U.S. through September.

Phoenix and Tucson, Arizona were some of the fastest-growing areas outside California for new electric vehicle registrations through the first half of 2022, according to Experian Automotive data. Chicago and Houston also saw a notable increase in registrations during that period.

While Tesla still dominates the market with nearly 350,000 registrations through September, traditional automakers and new startups accounted for 183,750 registrations, a 71% increase for non-Tesla vehicles.

Automakers have announced $24 billion in new electric vehicle and battery manufacturing facilities through the first five months of this year, according to the Center for Automotive Research. Through 2026, nearly 150 new plug-in electric vehicles will be on the market in the U.S. in addition to those released this year, according to data compiled by Automotive News.

But as the market for plug-in vehicles continues to grow, sales of hybrid vehicles sank 16% in the third quarter, according to Kelley Blue Book.