San Francisco Is Going Electric
Metro area is first in the US to hit 50% electrified new retail registrations.

The registrations included both fully electric models and hybrids.
IMAGE: Pexels/Daniel Andraski
In what could be a milestone for electric-vehicle adoption in the U.S., electrified vehicles make up half of San Francisco-area new retail registrations, reaching that first in March, S&P Global Mobility reported.
It’s the first major American metropolitan area to attain that level of electrified-vehicle ownership and represents more than three times the U.S. level of 16.6%, the research and data provider said.
The San Francisco percentage continued to grow, reaching a new record of 53% in April.
The registrations included both fully electric models and hybrids. Breaking down the registrations between the two, EVs made up 34% of registrations, more than four times the 7.3% U.S. average, and hybrids comprised 15.8%, compared to 9.3% for the U.S.
S&P’s analysis shows that buyers of electrified vehicles in the Bay Area skew financially well off. About 47% have a household income surpassing $200,000.
In an ironic note, the report says that one of the highest zip code penetrations of electrified registrations in the Bay Area is in San Ramon, where oil and gas giant Chevron has its headquarters.
Originally posted on Auto Dealer Today
More Industry

Pennsylvania Dealership Under New Retailers
The sale of the Chrysler Dodge Jeep Ram store puts a family auto group on a leaner path as first-time dealers take the helm.
Read More →
Battery Storage Takes Priority Over EVs
U.S. automakers are prioritizing battery energy stationary storage over electric-vehicle production as the consumer demand for EVs lags the rest of the world.
Read More →
Auto Dealers Feel Better But Not Great
A second-quarter Cox Automotive poll of franchised retailers and independents found better views of the current market after a good spring but anticipation of third-quarter storminess.
Read More →
New-Vehicle Sales Picture Relative
A May forecast is complicated by last spring’s trade tariff effects on auto retail. Despite continued hard realities, many consumers took advantage of ways to bite the bullet.
Read More →
Auto Group Acquires Third Nissan Rooftop
Iowa-based Coleman Automotive Group recently acquired its seventh dealership, McGrath Nissan, which it renamed Nissan of Elgin.
Read More →
April Less Affordable
Based on prices, reduced incentives and slower household income growth, consumers found it more challenging to buy new last month, Cox Automotive reported.
Read More →
Building an Extraordinary F&I Agency
Work to determine your specialized talent, because that fact will determine everything about your agency’s future.
Read More →
Recipe for Compliance
The secret to both amazing barbecue and compliance is the same: understanding the basics and committing to a process.
Read More →
EVs Getting More Attractive
A growing percentage of U.S. consumers are open to switching and fewer are adverse to the idea, according to a recently completed survey. That’s despite the end of a tax break.
Read More →
EV Sales Drop in April Following Surge
North American electric-vehicle sales were down 28% year-over-year, a sharp contrast from global EV sales growth of 6%.
Read More →