High gasoline prices drive up electric car sales

Sales of electric vehicles are stimulated by high gasoline prices.

And automakers get the message. In 2021, the United States sold over 400,000 electric vehicles and over 600,000 hybrids.

Along with other Ford Motor Co. dealerships, Chalmers Ford in Rio Rancho is one of them.

The main CO2 emission problem comes from vehicles, which use fossil fuels to operate. Partly for this reason, companies are starting to produce more electric modes of transportation.

In 2021, the United States sold over 400,000 electric vehicles and over 600,000 hybrids. (Graph provided by Energy.gov)

According to Chalmers sales manager Eric Adelsperger, the dealership has sold quite a few electric vehicles. Their most popular model right now is the Mustang Mach-E. Chalmers also plans to sell a batch of Ford F-150 Lightnings in the coming months.

“No one has returned a vehicle yet,” Adelsperger said.

According to Industry Tracker, Ford sold 117,497 electric vehicles nationwide in 2021, putting them behind other manufacturers in electric vehicle sales. In early 2022, Ford pledged to change that.

“Ford intends to increase investment in electric vehicles to $11 billion by 2022 and have 40 all-electric and hybrid cars in its model lineup,” Ford’s mission statement said. .

There are several manufacturing companies with the same message.

One of the hottest brands today is Tesla Motors, an Austin-based all-electric vehicle production company and the global leader in electric vehicle sales. Tesla’s most affordable model, the Model 3, rings in at $46,990. At the high end, their Model X comes at a premium price of $120,990.

Tesla sold nearly a million cars worldwide last year alone. However, sales have declined this year due to supply chain issues. The billionaire owner of Tesla Elon Muskdidn’t help matters with its high-profile and messy takeover of Twitter.

Meanwhile, the rest of the industry suffered a 21% drop in sales during the second quarter. Electric car prices soared to $45,844 as inflation took hold, said auto industry researcher JD Power.

Indeed, the company in a recent report noted that Americans are more likely than ever to consider buying an all-electric vehicle due to new models coming out.

“The percentage of buyers who say they are ‘very likely’ to consider an electric vehicle for their next purchase or lease climbs to 24%, four percentage points higher than a year ago,” said JD Power in the report. “Several factors are contributing to this increase, but the introduction of new electric models – some of which belong to a large and largely untapped segment, such as pickup trucks – is a major reason for the increased consumer interest.”

Teslas, however, are still very popular. The Tesla Owner Club of New Mexico has over 600 members. The club operates out of Santa Fe and has members statewide who meet virtually.

“For people who live in New Mexico and own Tesla electric cars and want to exchange tips, stories, news, know-how, techniques, ideas for great scenic drives in NM, etc. Also , if you are considering getting a Tesla and would like to learn more about people who already own one, you are also welcome,” the club said in its mission statement.

Some other well-known brands are starting to produce more capable electric and hybrid options.

For example, Volvo sells the XC90 hybrid, which is one of its most popular models. Volvo plans to launch fully electric models later this year, starting with the XC40 and C40 Recharge models. Volvo tends to hit the high end with its prices. Its cheapest hybrid is $53,500.

Some more affordable brands include the Nissan Leaf ($28,425), Mini Cooper ($30,750), and Chevy Bolt ($32,495). Toyota has the Prius, which comes at a base price of $25,075.

Here are some other affordable brands.

Claudia Borchert, Policy Coordinator for the Environment Department, is looking for an electric vehicle.

“I’m trying to find a vehicle that will not only work for everyday use, but also for my love of outdoor activities,” Borchert said.

She said she’s worried about the durability of newer EV models because people tend to be hard on their vehicles.

Another major concern for potential EV buyers is where they are going to charge it. New Mexico has more than 170 charging stations for public use, mostly in the Albuquerque and Rio Rancho areas.

The governor’s office has invested $38 million to get more charging stations at least every 50 miles.

“We work to improve everyone’s quality of life. Better access to charging stations can contribute to this,” the government said. said Michelle Lujan Grisham.

Charging stations for electric vehicles near you