SACE and Atlas Public Policy have partnered for the past three years to track and contextualize the Southeast’s EV market. As with the prior reports, this year’s “Transportation Electrification in the Southeast” report examines six key indicators across six states: Alabama, Georgia, Florida, North and South Carolina, and Tennessee.
The report captures the regional EV outlook against significant national market and policy momentum. Nationwide, consumer demand pushed Q2 EV sales 14% higher than any other quarter – despite supply chain constraints. EVs captured nearly 7% of Q2 new light-duty vehicle market share, peaking at 8% in June. Meanwhile, after passing the Bipartisan Infrastructure Law (BIL) that earmarks upwards of $7.5 billion to deploy EV charging infrastructure, Congress passed the Inflation Reduction Act (IRA), which includes significant financial incentives for consumers and fleets to buy EVs and EV and battery manufacturers to produce them. And in California, the world’s fifth largest economy behind Germany and ahead of India, regulators agreed to ban the sale of new gas cars by 2035, following pledges by GM, and other automakers to stop producing them.