EV News for the week ending June 27, 2024
S1 E8 June 27, 2025
BigAuto: Incentives are good for business
In what is a reversal of previous statements, the National Automobile Dealers Association, including Carmax, Carvana, and other retailers, with the support of Recurrant and the Electric Vehicle Association, submitted a letter to congress imploring the Senate to keep three EV tax incentives and remove the proposed federal registratin tax on electric and electrified vehicles.
The group argues the incentives are critical to the continued growth of their respective business models. Dealers are looking to keep in place, tax credits for new and used electric vehicle purchases, the credit to incentivize battery production, and the credit for installation of charging equipment at a business or personal home, as well as drop all federal registration fees for battery electric and electrified vehicles.
The letter includes the following quote, “Dealerships like ours have invested billions of dollars as small businesses to serve our communities, to improve EV education, and offer exceptional service.”
It continues, “We need a stable and consistent market for our dealerships to plan, invest, and grow.”
Automotive News notes one dealer, David O'Brien, used-car sales manager, Campbell Auto Group VW and Nissan signed the bill because the EV tax credits have reduced costs for consumers and generated new business.
We will continue to follow this story.Source [https://finance.yahoo.com/news/carmax-carvana-other-retailers-implore-230353280.html]
Top 10 ListStates with highest EV registrations
States with the most EV Registrations according to Car and Driver magazine.
Even with the tumult of tariffs, higher average prices compared to gas counterparts, and the impending loss of tax credits, electric vehicles sales, while slower, continue to grow.
In California, 1 in 4 registrations are for full electric vehicles.
This list was compiled by Car and Driver using the latest data available (2023) from the U.S. Department of Energy.
Coming in at number 10: Arizona with 89,798 EVs registered
Number 9: The mile high state of Colorado with 90,083. Huh?
Number 8: The peachiest state in the union, Georgia with 92,368 EV registrations.
Number 7: Home of DA BEARS! Illinois at 99,573 EVs
Number 6: New York has the sixth highest number of EVs registered at 131,250.
Breaking in at Number 5: New Jersey with 134,753.
Landing at Number 4: Washington and it's 152,101 EV registrations.
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Alright, back to the list of the Top 10 States with the highest electric vehicle registations.
At Number 3: Texas! With 230,125 EVs registered, the state best known for black gold and amazing BBQ, Texas is home to the third highest number of full electric vehicles.
Our Number 2: The dangling participle better known as Florida. Not including golf carts, Florida hosts 254,878 electric cars, trucks,and SUVs. They also boast a robust charging infrastructure with over 12,201 and one ports.
Finally, Number 1? Okay, it's no surprise that the Golden State of California takes the top spot with EV registrations at whopping 1,256,646!
Add to this, Car and Driver notes the state is home to over 52,442 charging ports.
Look for an upcoming sight visit to one of the states most recent charger installs with a total of 48 ports comprising both CCS1 and NACS ports.Source [https://www.caranddriver.com/features/g65078275/state-ev-adoption/]
Mazda takes another swing
After its disastrous foray on the mound with their premier EV, the MX-30, Mazda is back in the batting cages working out its next EV, a replacement for the venerable MX-5.
Auto Express reports patents filed for the new model features batteries placed in the transmission tunnel with the motor positioned behind the seats. This orientation will raise the center of gravity slightly, which will help Mazda retain the nimbleness associated with the MX-5. A transmission tunnel also hints at the cars ability to support dual or triple powertrains–full BEV, ICE and possibly Hybrid or Plugin Hybrid.
The patents also note the vehicle will have a single motor in the rear in keeping with tradition of lighter weight and rear-wheel bias.
There are no indications of battery size or motor performance, nor if the vehicle will be available in the U.S.Source [https://www.autoexpress.co.uk/mazda/mx-5/electric-mazda-mx-5]
EV batteries outlast their host
A new study reported by Autoblog reveals how EV batteries degrade slowly and will well outlast the life of a gas powered vehicle.
Geotab, a U.K.-based telematics company has analysed the data of over 10,000 electric cars and learned that EV batteries, on average, degrade by 1.8% annually and after twenty years will retain, on average, up to 64% of their original capacity. The average life span of a gas powered vehicle is 14 years.
Geotab's study also revealed that EV batteries have a failure rate of less than 0.5%.
As newer battery chemestries and solid state batteries make their way into the market, the failure rate may drop even lower.Source [https://www.autoblog.com/news/ev-batteries-can-easily-outlast-a-gas-cars-lifespan]
Old EV batteries find a new life
Wish your Nissan Leaf had a larger battery? Well, how far would you go with a 2.1MWh battery?
I'll let you do the math. But 2.1MWh is the size of a battery storage unit made from used Nissan Leaf batteries. The unit was installed near Italy's largest transport hub, Aeroport di Roma Fiumicino Airport.
The batteries make up a key component in the airport's battery energy storage system storing the energy collected by 55,000 solar panels. Together they can generate upto 31GWh of electricity.Source [https://www.independent.co.uk/cars/electric-vehicles/nissan-leaf-ev-battery-b2775944.html]
And finally, a look at EV sales for the month of May
New EV sales rose by 4.2% month over month to 103,435 units maintaining EV market share of 6.9%. Looking at year over year for May, sales were down by 10.7%. The biggest winners are Tesla who continues to maintain market leader status despite only seeing a 0.6% month to month increase. Following Tesla are GM, Hyundai, Ford, and Honda.
Used EV Sales for My show growth. Sales increased 1.1% reaching 36,609 units. This keeps EVs at a 2.2% market share. Meanwhile, year over year sales reached 32.1%.
The best selling used electric vehicles for the month of May were the Tesla Model 3, Model Y, Model S, Model X, and the Chevy Bolt.Source [https://www.coxautoinc.com/market-insights/ev-market-monitor-may-2025/]
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