U.S. Energy Secretary Ernest Moniz today "highlighted the continued growth of electric vehicle sales – doubling in the first 6 months of 2013 compared to the same period in 2012" – as the Energy Department released its most recent pricing data showing the low cost of fueling on electricity. The eGallon, a quick and simple way for consumers to compare the costs of fueling electric vehicles vs. driving on gasoline, rose slightly to $1.18 from $1.14 in the latest monthly numbers, but remains far below the $3.49 cost of a gallon of gasoline.
Plug-in electric vehicle (PEV) sales tripled from about 17,000 in 2011 to about 52,000 in 2012. During the first six months of 2013, Americans bought over 40,000 plug-in electric vehicles (PEV), more than twice as many sold during the same period in 2012.
The latest numbers also show how the early years of the PEV market have seen much faster growth than the early years of the hybrid vehicle market. Thirty months after the first hybrid was introduced, monthly sales figures were under 3,000.
