SF Bay Area makes history with 50% new electric or hybrid vehicle registrations in 1 month

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If it seems like you're seeing more new Teslas and Prius' on the road here in the San Francisco Bay Area, experts say it's because you are.

"I'm not surprised, with the price of gas nowadays," said James Duhamel who owns a hybrid vehicle.

"The EV buyer skews towards generally more Asian. The EV buyer also skews towards younger and more towards higher income and when we look towards those demographics for San Francisco there was a good fit with the EV buyers," said Libby.&P found that the top percentages of electric vehicles were in wealthy cities outside of San Francisco, but still in the Bay Area.

Libby does say that with more electric vehicles headed to the road, the prices will continue to drop, and just getting to this point is an accomplishment.&P Global Mobility statistics can be found here: https://www.spglobal.com/mobility/en/research-analysis/firstever-major-us-metro-area-hits-50-electrified-vehicle-regi.html

 

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