Demand for Larger Cars Dents Environmental Impact of Electric Vehicles [LendingTree Study]

Hi Carey,

Electric vehicle registrations have jumped by no less than 23.1% over the
past four years. With gas prices fluctuating, electric and hybrid vehicles
are both environmentally and economically conscious. However, the latest
LendingTree study
<https://www.lendingtree.com/auto/electric-vehicle-popularity-study/> found
that the popularity of large vehicles among Americans dents the impact that
these electric vehicles have on climate change.

Full study findings:
https://www.lendingtree.com/auto/electric-vehicle-popularity-study/.

Key findings:

   -

   *The number of registered electric vehicles rose by 23.1% between 2019
   and 2020.* This is the fourth year in a row with year-over-year changes
   of at least 20%.
   -

   *California has the highest share of electric vehicles**. *4.0% of
   vehicles registered in California are electric, followed by 3.0% in Hawaii.
   -

   *Tesla Model 3s account for a large portion of the growth of purchased
   electric vehicles. *
   - While many Americans are going electric, consumers still driving gas
   cars are making increasingly worse environmental choices. *Automakers
   are now producing more SUVs and trucks than sedans. *

Environmental benefits from some drivers going green are somewhat negated
by the growing popularity of large vehicles in America. In 2010, 37.2% of
US vehicles produced were trucks, in 2019 it increased to 57.2%.

Any interest in sharing this with your audience? If you have any questions
or would like to speak with someone at LendingTree please do not hesitate
to reach out!

Thank you,

*Nancy Jones| LendingTree, LLC*
*PR Associate*
M. 704.773.7706
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