Jun 28, 2022 - News

Georgia rolls on to an electric vehicle future

Data: S&P Global Mobility; Chart: Jared Whalen/Axios

Electric vehicle ownership in Georgia keeps growing, as consumers' tastes change and a wave of new models hit the market.

  • Sales rose by 29% in 2021, the Southern Alliance for Clean Energy says.

Yes, but: While the gains have been strong, statewide EV ownership still trails national rates.

  • EVs made up 5.1% of U.S. vehicle registrations in December 2021, according to S&P Global Mobility.
  • In April 2022, EVs made up roughly 3% of registrations in Georgia, the research firm says.

Georgia has 1,500 charging stations, though most are located in metro Atlanta, per the AJC. That makes long road trips using an EV a challenge.

Driving the news: Consumer interest in electric vehicles is at a global tipping point, Axios' Joann Muller writes.

  • New research from Ernst & Young shows more than half of car buyers say they want their next car to be an EV.
  • EV sales are up in the U.S. by more than 5%.

The big picture: Georgia is angling to become the Detroit of EVs, and has scored major wins by wooing Rivian and Hyundai to build plants here.

  • With the big-name car manufacturers come other companies and suppliers that might not be household names but are hugely important in terms of creating jobs and supporting the industry.

Flashback: In the early 2010s, Georgia was one of the EV industry's strongest growth areas thanks in part to a state tax credit that made owning an energy-efficient car very cost-efficient.

  • That ended in 2015, when the Georgia General Assembly replaced the tax credit with a user fee. Two years later, EV sales in Georgia had dropped by 80%, Utility Dive reported.

Of note: As for what's on metro Atlanta roads...

Data: S&P Global Mobility; Chart: Jared Whalen/Axios
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