IDRV - U.S. Monthly New Retail Vehicle Registrations Reach 10-Year High In March; EV Market Share Surpasses 3% For First Time
- US new retail light vehicle registrations reached a 10-year high of 1.64 million in March 2021.
- Electric vehicle retail market share in the United States climbed to a record 3.1% in March, according to an analysis of the most recent IHS Markit light vehicle registration data.
- New EV retail registrations more than doubled in March to 42,591, with eight of the ten most popular electric vehicles displaying triple digit growth over March 2020.
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U.S. Monthly New Retail Vehicle Registrations Reach 10-Year High In March; EV Market Share Surpasses 3% For First Time