Electric Vehicles = 10% of New Vehicle Sales Globally!

Global plugin vehicle registrations were up 61% in July 2022 compared to July 2021, reaching 778,000 units. This is the best result ever for a first month of a quarter. So, expect not only that Q3 will be the best quarter ever for plugins, but also that September will provide the mother of all records! I expect September will be the first time the world reaches one million plugin vehicle registrations in a month. With China (surely), Europe (likely), and the USA (maybe?) posting record months in September, expect the end of Q3 to be another time of celebration.

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