Difference between revisions of "Electric Transportation 101"
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Market transformation is underway and electric transportation is expanding quickly: | Market transformation is underway and electric transportation is expanding quickly: | ||
[[File:Graphic_for_Guide_6_16_2021_with_EPRI_Logo.jpg|550px|thumb|right|The number and variety of EVs continue to grow. By 2024, more than 130 models are projected to be available for US consumers.]] | [[File:Graphic_for_Guide_6_16_2021_with_EPRI_Logo.jpg|550px|thumb|right|The number and variety of EVs continue to grow. By 2024, more than 130 models are projected to be available for US consumers.]] | ||
* | * At the end of 2019, nearly 1.4 million EVs were on the road in the United States—double the amount in mid-2017. | ||
* Since December of 2021, there have been over 2.5 million EV sales | |||
** New electric vehicles (EVs) added 8.25 terawatt-hours in annual energy load to the U.S. grid. | |||
* Globally, EV sales have exceeded 6.6 million (8.5% of the market) despite a global pandemic. This is especially true where supported by strong policy and EV supply. | |||
* By 2023, we can expect that there will be an availability of 80 models of medium- and heavy-duty EVs ranging from class 2 through 8. | * By 2023, we can expect that there will be an availability of 80 models of medium- and heavy-duty EVs ranging from class 2 through 8. | ||
* By 2024, the average driving range of fully-electric vehicles is expected to be approximately 430 km. | |||
<p style="color:red">[UPDATE THE FOLLOWING] </p> | <p style="color:red">[UPDATE THE FOLLOWING] </p> | ||
* Global EV sales are accelerating, particularly in Europe and China. | * Global EV sales are accelerating, particularly in Europe and China. | ||
* The diversity of products is growing quickly. In the United States, a total of | * The diversity of products is growing quickly. In the United States, a total of 100 EV models are available, including recent releases of crossovers, trucks, and sports utility vehicles. | ||
* Dozens of EV applications for commercial and industrial fleets are emerging, including deployments of electric garbage trucks, transit buses, and school buses. | * Dozens of EV applications for commercial and industrial fleets are emerging, including deployments of electric garbage trucks, transit buses, and school buses. | ||
* | * [https://theicct.org/publication/update-on-electric-vehicle-costs-in-the-united-states-through-2030/ Between 2026 and 2028], EVs are expected to reach price parity with gasoline-fueled vehicles (depending on vehicle size). | ||
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According to an [https://www.epri.com/research/products/3002006881 EPRI-Natural Resources Defense Council study], widespread electric transportation powered by a cleaner grid has the potential to reduce greenhouse gases by as much as 77% between 2015 and 2050. However, EV market transformation is time-sensitive: Because cars sold today are expected to last an average of about 12 years—with many lasting a decade longer—postponing the scale-up of EVs could result in missing 2030 climate targets. | According to an [https://www.epri.com/research/products/3002006881 EPRI-Natural Resources Defense Council study], widespread electric transportation powered by a cleaner grid has the potential to reduce greenhouse gases by as much as 77% between 2015 and 2050. However, EV market transformation is time-sensitive: Because cars sold today are expected to last an average of about 12 years—with many lasting a decade longer—postponing the scale-up of EVs could result in missing 2030 climate targets. | ||
[[File: | [[File:US_Nationwide_New_EV_Market_Share_(up_to_Mar._2022).jpg|900px|thumb|center]] | ||
==Additional Resources== | ==Additional Resources== | ||
* [https://www.epri.com/research/products/000000003002021789 Consumer Guide to Electric Vehicles, June 2021] | * [https://www.epri.com/research/products/000000003002021789 Consumer Guide to Electric Vehicles, June 2021] | ||
Revision as of 12:46, 7 June 2022
Background Information
Industry Facts
Market transformation is underway and electric transportation is expanding quickly:
- At the end of 2019, nearly 1.4 million EVs were on the road in the United States—double the amount in mid-2017.
- Since December of 2021, there have been over 2.5 million EV sales
- New electric vehicles (EVs) added 8.25 terawatt-hours in annual energy load to the U.S. grid.
- Globally, EV sales have exceeded 6.6 million (8.5% of the market) despite a global pandemic. This is especially true where supported by strong policy and EV supply.
- By 2023, we can expect that there will be an availability of 80 models of medium- and heavy-duty EVs ranging from class 2 through 8.
- By 2024, the average driving range of fully-electric vehicles is expected to be approximately 430 km.
[UPDATE THE FOLLOWING]
- Global EV sales are accelerating, particularly in Europe and China.
- The diversity of products is growing quickly. In the United States, a total of 100 EV models are available, including recent releases of crossovers, trucks, and sports utility vehicles.
- Dozens of EV applications for commercial and industrial fleets are emerging, including deployments of electric garbage trucks, transit buses, and school buses.
- Between 2026 and 2028, EVs are expected to reach price parity with gasoline-fueled vehicles (depending on vehicle size).
Benefits for Society, Time-Sensitive Action
EVs are fun to drive, comfortable, safe, and convenient to refuel. They also offer a wide array of societal, climate, environmental and public health benefits:
- The gasoline-free driving experience offered by EVs can cut vehicle emissions - which is especially critical in frontline communities adjacent to heavily trafficked roadways.
- EVs help to shift our energy reliance to domestic sources.
- EVs can cost less to operate over their lifetime thanks to purchase incentives, lease options, and discounted electricity rates.
According to an EPRI-Natural Resources Defense Council study, widespread electric transportation powered by a cleaner grid has the potential to reduce greenhouse gases by as much as 77% between 2015 and 2050. However, EV market transformation is time-sensitive: Because cars sold today are expected to last an average of about 12 years—with many lasting a decade longer—postponing the scale-up of EVs could result in missing 2030 climate targets.
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