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Driving Electric Vehicles to Success: Insights on Sales and Future Projections

This report, authored by David Friedman, explores the state of electric vehicle (EV) sales as of September 2012, highlighting the substantial growth in plug-in vehicle sales that outpaced hybrid electric vehicles (HEVs) in their second year. It discusses factors influencing EV adoption, such as gasoline and electricity prices, travel patterns, and proposed time-of-use electricity rates. Additionally, it addresses the progress needed in renewable electricity for sustainable EV growth and the importance of connecting EVs to competitive electricity rates to ensure their long-term success.

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Driving Electric Vehicles to Success: Insights on Sales and Future Projections

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  1. State of Charge:Driving Electric Vehicles to Success David Friedman 9/24/12

  2. Plug In Sales Triple, Beat 2nd Year HEVs HEV Sales in 2001 Data Source: WardsAuto.com

  3. EVolution, Not Revolution

  4. 2009

  5. 2025

  6. Notes: gasoline price $3.50/gallon, national average electricity price 11 cents/kWh, 3 percent discount rate, annual travel starts at 15,000 miles per year and declines 4.5 percent per year over 15 years, based on Nissan LEAF (0.34 kWh/mile).

  7. Time-of-Use Electricity Rates

  8. Source: California Center for Sustainable Energy Survey, August 2012.

  9. Rocky Relationship: Connecting EVs to Low Electricity Rates

  10. Setting Sights on EV Success

  11. www.ucsusa.org www.ucsusa.org/halftheoil

  12. Progress on Renewable Electricity Required

  13. Insert Text

  14. Rocky Relationship: Connecting EVs to Low Electricity Rates

  15. 41-50 MPG >50 MPG 31-40MPG Toyota Camry Hybrid 41 mpg Ford Fiesta 34 mpg Scion iQ 37 mpg Toyota Prius C 50 mpg

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