From Center for Jobs and the Economy <[email protected]>
Subject State’s Progress on Zero Emission Vehicles Goals: Q1 2022 Results
Date June 7, 2022 7:00 PM
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Web Version [link removed] | Update Preferences [link removed] State’s Progress on Zero Emission Vehicles Goals: Q1 2022 Results

Market share for true ZEVs was up slightly from the previous quarter at 14.6%. While this number improved, a focus on the market share results overstates the acceleration in sales of these vehicles. The base used to calculate this metric—the total number of registrations—remains down sharply from pre-pandemic levels. Measured against a more normal level of sales, ZEVs instead would come in with a market share in the 11 – 12% range, still an improvement but lower against a broader market with a greater offering of lower price models rather than the current tilt toward higher priced vehicles closer to the ZEV range.

Full Report [[link removed]]

Note: All data sources, methodologies, and historical data series available at CenterforJobs.org [[link removed]].

The California Center for Jobs and the Economy provides an objective and definitive source of information pertaining to job creation and economic trends in California. [[link removed]] Contact 1301 I Street Sacramento, CA 95814 916.553.4093 If you no longer wish to receive these emails, select here to unsubscribe. [link removed]
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