View this email in your browser
September 9, 2019
August Marks Second Consecutive Month of EV Sales Dip
Source: EV Hub
Since posting 50 percent growth in June compared to 2018, the EV industry has taken a hit. Following the first monthly sales dip in more than three years this July, August marks the second consecutive month of falling sales in the U.S. EV market. July saw the market shrink by more than 10 percent compared to 2018 and the decline for August could be even steeper.

So far for August, Inside EVs, where the National EV Sales dashboard sources its data from, reports only 24,020 vehicles sold for the month. However, this does not include figures from automakers including GM, Kia, Hyundai, Volvo, and Porsche due to a shift in the way InsideEVs is tracking sales. Several of these automakers have shifted to quarterly reporting while others including BMW and Mercedes no longer provide a model breakdown of their respective EV sales. These changes will delay when we can add new monthly sales data to the National EV Sales dashboard.

While the remaining unreported numbers will increase the monthly sales total when shared, they would need to buck the overall trend of EV sales to cover the 12,327-vehicle gap required to reach the 36,347 EVs sold in August 2018. Automakers have their work cut out for them if the EV market is to recover through the rest of 2019. September, November, and December of 2018 are the top three all-time months for U.S. EV sales with more than 40,000 vehicles sold each month. The full commercialization of the Model 3 was primarily responsible for this surge, but even this market leader saw a 26 percent dip in sales last month compared to August 2018. Tesla attributes this to an ongoing focus on sales in the international market where the Model 3 was the third-highest selling vehicle in markets like the U.K. in August.

Tesla’s sales have not been enough to sustain the EV industry in the United States, as EV sales have been moving in the opposite direction compared to the overall auto market over the last two months. The U.S. auto market posted strong sales in August with a year over year increase of more than ten percent in combined sales for passenger cars and light trucks according to the Bureau of Economic Analysis. It should be noted that this is due to strong sales of light trucks, a category which includes trucks, minivans, and sport utility vehicles; there was a roughly one percent decrease in sales of passenger cars. This comes as news arrives of declining auto sales in leading international markets including China and India. Bloomberg reports that August marked the 14th dip in 15 months for the Chinese auto market while sales in India are also falling.  

The regulatory environment at the federal level is unlikely to help automakers through the remainder of 2019. Last week, the Trump administration issued a warning to California that the state could be sued for establishing an independent emissions deal with leading automakers back in July. In the July agreement, manufacturers Ford, Honda, Volkswagen, and BMW agreed to limit emissions from vehicle fleets and comply with tougher standards. Last week’s announcement sets the stage for a legal battle over vehicle emissions in the nation’s largest auto market and could influence the power that states have to regulate regional EV markets amid a lack of federal support.
 
See the National EV Sales Dashboard
Market Forecast Dashboard Added!

The EV Market Forecasts dashboard lets you explore EV adoption forecasts from reputable groups. Forecasts are shown as annual EV sales and by total EVs on the road (fleet). 

The data is drawn from a variety of sources and is manually assembled by Atlas. The sources for each forecast are found within the dashboard.

See the Dashboard
Follow the EV Hub on Twitter!
The EV Hub joined Twitter a few months back. We recently hit 100 followers and are working to ramp up our presence on Twitter. We encourage you to retweet or like anything you found useful. Follow us for relevant media stories and updates to EV Hub resources throughout the week!
Follow the EV Hub
Media Pulse
EV TRUCKS AND BUSES LED THE NEWS
Our choice clips from last week:
View Our Media Stories Dashboard
EV Hub News

Dominion Energy to Invest in More Than 1000 Electric School Buses

On August 29, 2019, Dominion Energy announced a new commitment to help school districts in their service territories replace diesel school buses with electric models. The initiative will lead to the replacement of 50 buses in the first phase and Dominion will add another 200 electric school buses every year for the next five years.

Dominion serves customers across eight states including Idaho, North Carolina, Wyoming, West Virginia, Virginia, South Carolina, Ohio, and Utah. The utility has issued an RFP to select a bus manufacturer and applications for school districts will open September 5, 2019. Read More Here

$85 Million in Federal Funds Awarded for Electric Transit Buses

On July 26, 2019, the Federal Transit Administration announced $85 million in awards through the Low- or No-Emission (Low-No) Grant program. 38 states received funding through this round and all of the money will be allocated to electric transit buses and supporting charging infrastructure. Transit agencies continue to pursue a wide range of charging technologies including DC fast charging, on-route charging, inductive charging, and depot charging. Read More Here

Leading Automakers Pledge to Reduce Emissions in California

In a move against the Trump administration’s proposed rollback of Obama-era emissions standards, top automakers have entered into a new agreement with California to curb tailpipe emissions from their vehicles.

The new agreement proposes that automakers in the California market reach an average fleet fuel economy of 51 mpg by 2026 as opposed to the 52.5 mpg by 2025 established by the Obama administration.  Ford, Honda, Volkswagen, and BMW have all signed on to the agreement. Governor Newsom expects more automakers will join the agreement in the coming days. Read More Here

Catch Up On EV Hub News Alerts
Job Openings
Below are current job openings in transportation electrification: If you have a job posting you would like to share with EV Hub users, please send them to us in an email at info@atlasevhub.com.
Upcoming Events

Engaging dealerships is a crucial marker in the mass adoption of electric vehicles. Due to several barriers, most auto dealers are not equipped to effectively sell electric cars. The biggest challenge to engaging dealers to grow electric car sales is the lack of knowledge about electric vehicles. This webinar will address the barriers facing dealers and provide resources to assist dealers to create an informative and supportive sales process focused on the unique elements of electric vehicle ownership. Read More Here

September 10th @ 1:00 pm ET 

Forth is going on the road again with their monthly networking happy hour. This gathering will take place following the Electric & Hybrid Vehicle Technology Expo. Connect with fellow conference attendees and get the latest scoop on Forth's efforts to promote electric, shared and autonomous mobility. Read More Here

September 10th @ 5:00-7:00 pm ET at Michigan Beer Company in Novi, MI  

This event, which was formerly known as the Midwest Green Fleets Forum & Expo, has been renamed to broaden its focus on advanced transportation – and the opportunities and challenges – that fleet owners, commercial developers, employers, manufacturers, utilities, planners, and policy makers are facing today. Read More Here

September 18th-20th @ Marriott Columbus University Area in Columbus, OH

Solar Power International, Energy Storage International, and North America Smart Energy Week is the premier business-to-business event for professionals in the solar energy, energy storage, smart energy, hydrogen and related fields. Read More Here

September 23rd-26th @ Salt Palace Convention Center in Salt Lake City, UT

View Our Events Calendar
Website
Email
Twitter
LinkedIn
Some EV Hub Content is Only Accessible for EV Hub Members 

Copyright © 2019 Atlas Public Policy, All rights reserved.



Want to change how you receive these emails?
You can update your preferences or unsubscribe from this list.

Email Marketing Powered by Mailchimp