It never left the Pennsylvania Convention Center, but COVID canceled it in 2021 and moved its timing to March in 2022. The show returns this year to its typical January-into-February time slot.
“We are continuing the biggest transformation in the industry since, I would say, Ford and the assembly line,” Mazzucola said. Edmunds data show the U.S. EV market share for 2022 through November climbed to 5.1% of sales, compared with 2.5% for the entire year of 2021. The share of hybrid, plug-in hybrid, and battery electric vehicles climbed above 10% for that same period, up from 6.2% for the full year in 2021. And EV and hybrid total vehicle sales in 2022 should still be higher than 2021, even though total units sold fell from just under 15 million in 2021 to about 13.8 million in 2022.
Visitors to the show can also learn about EV tax credits and get other information about EVs from Peco. Federal tax credit and rebate availability is evolving as new rules are expected to be put into place in March under the Inflation Reduction Act. The refocus of the show on indoor rides and outdoor drives also helps the show weather industry shortages, as supply chain and logistical problems have made vehicles scarce. Some manufacturers bowed out of shows a few years back — notably Cadillac and BMW — and continued shortages and changes in auto shows around the country likely have taken away the incentive for the manufacturers to restart their visits.
Why have all the European companies stopped coming? They weren’t there last year and aren’t on the list this year either.