Average Age of Cars & Trucks in Operation Rises to Record, as New Vehicle Sales & Miles Driven Plunged | Wolf Street

The average age of EVs in operation declined to 3.8 years from 3.9 years, as new EV sales soared in 2020 and 2021, while sales of vehicles with internal combustion engines dropped. According to S&P Global Mobility, there were 1.44 million EVs in operation at the end of 2021, up by 40% year-over-year.

Average Age of Cars & Trucks in Operation Rises to Record, as New Vehicle Sales & Miles Driven Plunged | Wolf Street