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February 2018 Plug-In Electric Vehicle Sales Report Card

• by Steven Loveday

February will mark the 29th month of consecutive year-over-year monthly sales gains* for plug-in vehicles. The month should promise the beginning of a solid and impressive year to come.

While January got off to a slow (and a bit scary) start, sales were still higher than that of 2017. For February, we should begin to see better results, especially since Tesla Model 3 production is ramping up and 2018 Nissan LEAF stock is growing (although it will likely be one more month before we see really nice numbers). Not to mention that new offerings like the Kia Niro PHEV and Hyundai IONIQ PHEV are entering their first full month of sales, and others, like the Mitsubishi Outlander PHEV and Honda Clarity PHEV have had a few months to settle in.

Numbers are still coming in, but we can say that we expect the potential for reasonable gains this February over last year's numbers. We're estimating over ~14,000 plug-ins sold. If our estimates come to life, it will overtake February 2017's impressive 12,375 plug-ins sold (which was up nearly 60% from February 2016's 7,763).

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