The truth behind EV sales in 2022

  • Date: 05/24/2022

Increasingly, headlines across the internet read, "(Insert automotive company) sells out of EVs for 2022 in the United States." Automotive companies including Volkswagen GroupFordMercedes and even Tesla are struggling to meet customer demand given ongoing supply chain issues, battery availability, chip shortages and increased interest in EVs exacerbated by rising gasoline prices. This means individuals and commercial fleet buyers may need to keep waiting, in some instances, until 2023. In the case of commercial fleets, this may even delay meeting annual corporate sustainability targets.

However, what is the reality behind these headlines? Specifically, the question that comes to my mind is: If drivers and commercial fleets want more EVs, why not produce fewer gasoline vehicles and prioritize EVs?

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