Click to Enlarge.
Sales of zero emission vehicles (BEV, PHEV, & Fuel Cell) accounted for 5.8% of total vehicle sales in April 2022 (71,714 units), up 2.8 pp from a year ago and down 0.1 pp from March 2022. Sales of battery electric vehicles led the way for ZEVs, accounting for 4.52% of total sales, up 2.4 pp from March 2021.*
Pure EV Sales at All-Time Record in US, whose transaction prices are close to a $70,000 making them a new category – Luxury Clean – in AutoInformed’s view. Republicans, with a long history of backing from Big Oil, continue to block the Biden Administration’s Build Back Better plan that addresses drastic climate change and prepares the way for a cleaner future.
Plug-in hybrids accounted for 1.31%, 0.44 pp higher than the same time last year. Sales of zero emission vehicles (BEV, PHEV, & Fuel Cell) accounted for 5.8% of total vehicle sales in April 2022 (71,714 units), up 2.8 pp from a year ago and down 0.1 pp from March 2022. Plug-in hybrids accounted for 1.31%, 0.44 pp higher than the same time last year, according to data compiled by the Alliance for Automotive Innovation, aka Automotive Innovators.
In a larger context, North American vehicle production in April outperformed projections, finishing 10,000 units above forecasts. Production totals, including medium and heavy-duty trucks, totaled 1.188 million units, an 8.0% increase year-over-year, and the first monthly increase since May 2021.
However, US light vehicle production for April 2022 decreased month-over-month by 15.9%, totaling 769,413 vehicles (141,969 cars, 627,444 light trucks); year-over-year, production is up 8.5% percent from 2021.
With the entire auto industry supporting more than 10 million jobs and contributing 5% to the nation’s GDP, now more than ever that the Federal Reserve is raising interests rates in the hope that a deep recession will stop inflation despite the human misery this will cause, the economy’s health and rebound will depend on the strength of this sector.
*Data courtesy Ward’s Intelligence
About Ken Zino
Ken Zino, publisher (kzhw@aol.com), is a versatile auto industry participant with global experience spanning decades in print and broadcast journalism, as well as social media. He has automobile testing, marketing, public relations and communications experience. He is past president of The International Motor Press Assn, the Detroit Press Club, founding member and first President of the Automotive Press Assn. He is a member of APA, IMPA and the Midwest Automotive Press Assn.
Zino is at home on test tracks, knows his way around U.S. Congressional hearing rooms, auto company headquarters, plant floors, as well as industry research and development labs where the real mobility work is done. He can quote from court decisions, refer to instrumented road tests, analyze financial results, and profile executive personalities and corporate cultures.
He also brings an historical perspective while citing their contemporary relevance of the work of legendary auto writers such as Ken Purdy, Jim Dunne or Jerry Flint, or writers such as Red Smith, Mark Twain, Thomas Jefferson – all to bring perspective to a chaotic automotive universe.
Above all, decades after he first drove a car, Zino still revels in the sound of the exhaust as the throttle is blipped and the driver’s rush that occurs when the entry, apex and exit points of a turn are smoothly and swiftly crossed. It’s the beginning of a perfect lap.
AutoInformed has an editorial philosophy that loves transportation machines of all kinds while promoting critical thinking about the future use of cars and trucks.
Zino builds AutoInformed from his background in automotive journalism starting at Hearst Publishing in New York City on Motor and MotorTech Magazines and car testing where he reviewed hundreds of vehicles in his decade-long stint as the Detroit Bureau Chief of Road & Track magazine. Zino has also worked in Europe, and Asia – now the largest automotive market in the world with China at its center.
Pure EV Sales at All-Time Record in US
Click to Enlarge.
Sales of zero emission vehicles (BEV, PHEV, & Fuel Cell) accounted for 5.8% of total vehicle sales in April 2022 (71,714 units), up 2.8 pp from a year ago and down 0.1 pp from March 2022. Sales of battery electric vehicles led the way for ZEVs, accounting for 4.52% of total sales, up 2.4 pp from March 2021.*
Pure EV Sales at All-Time Record in US, whose transaction prices are close to a $70,000 making them a new category – Luxury Clean – in AutoInformed’s view. Republicans, with a long history of backing from Big Oil, continue to block the Biden Administration’s Build Back Better plan that addresses drastic climate change and prepares the way for a cleaner future.
Plug-in hybrids accounted for 1.31%, 0.44 pp higher than the same time last year. Sales of zero emission vehicles (BEV, PHEV, & Fuel Cell) accounted for 5.8% of total vehicle sales in April 2022 (71,714 units), up 2.8 pp from a year ago and down 0.1 pp from March 2022. Plug-in hybrids accounted for 1.31%, 0.44 pp higher than the same time last year, according to data compiled by the Alliance for Automotive Innovation, aka Automotive Innovators.
In a larger context, North American vehicle production in April outperformed projections, finishing 10,000 units above forecasts. Production totals, including medium and heavy-duty trucks, totaled 1.188 million units, an 8.0% increase year-over-year, and the first monthly increase since May 2021.
However, US light vehicle production for April 2022 decreased month-over-month by 15.9%, totaling 769,413 vehicles (141,969 cars, 627,444 light trucks); year-over-year, production is up 8.5% percent from 2021.
With the entire auto industry supporting more than 10 million jobs and contributing 5% to the nation’s GDP, now more than ever that the Federal Reserve is raising interests rates in the hope that a deep recession will stop inflation despite the human misery this will cause, the economy’s health and rebound will depend on the strength of this sector.
*Data courtesy Ward’s Intelligence
About Ken Zino
Ken Zino, publisher (kzhw@aol.com), is a versatile auto industry participant with global experience spanning decades in print and broadcast journalism, as well as social media. He has automobile testing, marketing, public relations and communications experience. He is past president of The International Motor Press Assn, the Detroit Press Club, founding member and first President of the Automotive Press Assn. He is a member of APA, IMPA and the Midwest Automotive Press Assn. Zino is at home on test tracks, knows his way around U.S. Congressional hearing rooms, auto company headquarters, plant floors, as well as industry research and development labs where the real mobility work is done. He can quote from court decisions, refer to instrumented road tests, analyze financial results, and profile executive personalities and corporate cultures. He also brings an historical perspective while citing their contemporary relevance of the work of legendary auto writers such as Ken Purdy, Jim Dunne or Jerry Flint, or writers such as Red Smith, Mark Twain, Thomas Jefferson – all to bring perspective to a chaotic automotive universe. Above all, decades after he first drove a car, Zino still revels in the sound of the exhaust as the throttle is blipped and the driver’s rush that occurs when the entry, apex and exit points of a turn are smoothly and swiftly crossed. It’s the beginning of a perfect lap. AutoInformed has an editorial philosophy that loves transportation machines of all kinds while promoting critical thinking about the future use of cars and trucks. Zino builds AutoInformed from his background in automotive journalism starting at Hearst Publishing in New York City on Motor and MotorTech Magazines and car testing where he reviewed hundreds of vehicles in his decade-long stint as the Detroit Bureau Chief of Road & Track magazine. Zino has also worked in Europe, and Asia – now the largest automotive market in the world with China at its center.