Jun 27, 2022 - Business
EV transition picks up speed in North Carolina
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Electric vehicle ownership in North Carolina has grown significantly in the past few years, as consumers' tastes change and a wave of new models hit the market.
- In March, there were 27,876 electric vehicle registrations in North Carolina, according to data from the N.C. Department of Transportation. That's up 252% from March 2019.
Yes, but: While the gains have been strong, statewide EV ownership still trails national rates.
- EVs made up 5.1% of new U.S. vehicle registrations in December 2021, according to S&P Global Mobility.
- In the Triangle market, EVs made up 3.5% of vehicle registrations between April 2021 and March 2022.
- And unlike some states, North Carolina does not offer a tax credit to residents buying EVs, WUNC reported.
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.
Why it matters: Gov. Roy Cooper has a lofty goal of getting at least 1,250,000 registered zero-emission vehicles in North Carolina by 2030.
Of note: The five most popular EVs in the Raleigh area in April were: the Hyundai IONIQ 5, Ford Mustang Mach-E, Tesla Model Y, Kia EV6 and Chevrolet Bolt.
