Covering First Quarter 2023 0.0% 5.0% 10.0% 15.0% 20.0% 25.0% Ohio Georgia New York Texas North Carolina Minnesota Florida Illinois Vermont Virginia Maryland Massachusetts New Jersey Colorado Nevada Hawaii Washington Oregon California Electric (BEV) Plug In Hybrid (PHEV) -25% -20% -15% -10% -5% 0% 5% 10% California Colorado Florida Georgia Hawaii Illinois Maryland Massachusetts Minnesota Nevada New Jersey New York North Carolina Ohio Oregon Texas Vermont Virginia Washington Percent change 2021 to 2022 1Q '22 to 1Q '23 Comparison of Selected State New Retail Light Vehicle Markets The graph above provides a comparison of how state new retail vehicle markets performed last year and in the First Quarter of this year. Orange dots show the change from the First Quarter of 2022 to the First Quarter of this year. Orange dots are higher for all markets, reflecting relative improvement in sales early this year compared to results last year. The blue dots on the graph represent the percent change in new vehicle registrations from 2021 to 2022. Data sourced from Experian Automotive. Data sourced from Experian Automotive. Percent Change in New Retail Vehicle Registrations from 2021 to 2022, and from 1Q 2022 to 1Q 2023 Electric (BEV) and Plug in Hybrid (PHEV) Share of New Retail Light Vehicle Registrations During 1Q ‘23 First Quarter registrations this year increased while about half of the markets declined (orange dot). The California market had the one of the smallest declines last year (blue dot is higher). Combined BEV and PHEV market share in the state’s retail market was 24.2% in the first quarter of this year. 40 California New Car Dealer Quarterly
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