
Way
1 / 1Here's how it all breaks down
In a recent survey of 1,000 Way.com customers across the US, we found that Democrats and Republicans were definitely not aligned regarding the value of EVs.
When asked if they thought EV's were worth the cost, only 14% of Republicans said yes, while 40% of Democrats said absolutely. Over 85% of Republicans felt they were too expensive, and 59% of Democrats echoed the sentiment.
57% of Republicans said their personal preference was the gas-powered vehicle (versus 9% for EV and 34% for hybrid), while Democrats are partial to hybrids, with 49% making that their first choice over EV (16%) or gas (35%) options.
Regardless of political affiliation, there is no denying the increasing popularity of electric cars. The percentage of electric cars hit a new high in early 2022. During the first quarter of 2022, EV registrations increased by a whopping 60%. But what makes this special was the EV segment grew despite the overall market crumbling. Due to the lasting effects of the pandemic, the number of cars sold in 2021 saw a huge drop.
During the initial nine months of 2022, 530,577 electric cars were sold in the US. These numbers are only for BEVs. The figures do not include plug-in HEV and Hybrid Electric Vehicles. Almost 65% of these percentage of electric cars were Tesla. The new EVs on the road mean there are nearly 1.7 million of them out on American roads compared to 2018.
During the different quarters of 2022, EV car sales consistently improved. The percentage of electric cars sold in the US is now 6%. A market share of 6% means of all cars sold in 2022; 6% were electric vehicles of different segments. Throughout the last five years, the EV market share has steadily grown in the US. This is a good trend and a stepping stone for achieving 50% market share by 2030.
This story was produced by Way and reviewed and distributed by Stacker Media.








