Biweekly Digest Archive

Source: EV Hub If the first three months of the year are any indication, 2021 is shaping up to be a banner year for the U.S. passenger EV market. EV sales shot up by 95 percent in the first quarter compared to 2020 with March sales 2.5 times higher than the same month last year. [...]

Source: EV Hub The U.S. passenger EV market notched all-time record monthly sales in the first two months of 2021 as the EV hub awaits data from March. U.S. passenger EV sales doubled in February compared to 2020, bringing the quarterly total even without the March data above that from the first quarter of last year. We [...]

Source: EV Hub   State EV policy activity has skyrocketed over the last five years with more than twice as many EV policies enacted in 2020 compared to 2015. The effects of these policies on the EV market range from stimulating adoption, like vehicle rebates, to punitive, like some annual EV registration fees. [...]

Source: EV Hub Global EV investment commitments, as tracked on EV Hub, are nearing the $500 billion mark. Roughly $46 billion of this has been pledged in the first four months of 2021. America’s second-largest domestic automaker, Ford, leads the year in new investment commitments with an additional $17 billion pledged in February. Almost $29 [...]

Source: EV Hub Every week brings new developments in an increasingly hot U.S. EV market. With EVs featuring strongly in Biden’s infrastructure plans, a group of 12 state governors issued a joint letter on April 21 to the Administration urging for national targets to electrify sales of all light-duty vehicles by or before 2035 and [...]

Source: EV Hub The U.S. EV market is off to a roaring start in 2021 with both January and February setting all-time records for those months. In February, EV sales were more than double the same month in 2020. More than 32,700 EVs were sold across the country in February, roughly 3.4 percent of all new [...]

Source: Atlas Public Policy The need to expand EV charging has come into focus as the federal government turns its sights towards transportation electrification as a component of infrastructure spending. President Biden’s American Jobs Plan encapsulates the Administration’s goal to deploy 500,000 charging ports throughout the next decade with funding up to $15 billion. The [...]

Source: Greenlining Last week, the Biden Administration unveiled a sweeping $2 trillion infrastructure package. Heralded as a “once-in-a-generation investment” in the nation’s critical infrastructure, the plan includes a clear focus on addressing racial inequity and climate change. The Administration has proposed funding the investments through a partial rollback of the Trump Administration corporate tax breaks [...]

Source: Atlas Public Policy More than a year after the first lockdowns were implemented, the United States is beginning to see the light at the end of the tunnel in the COVID-19 pandemic. Although cases are still dangerously high in many parts of the country, more than a quarter of the U.S. population has received at least [...]

Source: EV Hub Early indicators from the EV market point to a strong year in the making for 2021. In addition to widespread investment from manufacturers, utilities, and public agencies recorded so far this year, EV sales were up 43 percent in January compared to the same month in 2020. This marks the highest January on record in terms [...]

Source: GM Transportation electrification has been at the top of the news cycle throughout 2021 with stories of both boom and bust for automakers, startups, and other companies seeking to generate capital through stock offerings. It has been a wild ride for companies like Nikola, Lucid Motors, Canoo, Workhorse, Fisker, and Lordstown Motors, all of which entered [...]

Source: USPS Automakers and manufacturers continue to expand electrification plans in response to what some are calling an inflection point of growth in global EV market in 2021. After increasing by 39 percent in 2020 over 2019, IHS Markit predicts global passenger EV sales will rise 70 percent in 2021. Already this year, more than $33 billion in [...]