According to an Experian Automotive Market Trends report from the fourth quarter of 2023, there were about 3.3 million electric cars on the road in the U.S. This number is up from 2 million electric vehicles in 2022 and 1.3 million in 2021. While EVs are gaining traction, they are still a long way from catching up to gas-powered vehicles, which make up the remaining 288.5 million cars currently in operation. By 2030, the National Renewable Energy Laboratory predicts there could be 30 million to 42 million EVs on U.S. roads.
But the sheer number of vehicles on the road doesn't tell the whole story, as there are several other EV sales and registration figures to consider. Let's take a deep dive into the numbers to better understand how many electric cars there are in the U.S.
EV sales in the U.S.
From an EV sales perspective in 2024, there were over 454,670 vehicles purchased from January to May, according to Edmunds sales data. This figure accounts for about 6.9% of new vehicle purchases. Looking back at 2023, the last full year of EV sales, there were 1,077,138 EVs. By comparison, there were 13,061,153 gas vehicles sold in 2023. EV sales for 2023 eclipsed 2022's numbers, when 713,145 vehicles were sold during the calendar year. And since 2018, electric car sales have increased by over 400%.
That said, Edmunds analysts have noted that the transition to full EVs has slowed, as hybrids currently appear to be the more comfortable choice for the majority of Americans seeking electrified options. As a result, we're not likely to see the same explosive growth in the coming year.