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Dealers report steady EV registrations at 12% in 2024 but flag compliance, credit and supply concerns tied to ACC II

2139153 · January 22, 2025
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Summary

A representative of Vermont auto dealers told the House Transportation Committee that electric vehicles made up roughly 12% of Vermont vehicle registrations in 2024, that state "Drive Electric" rebates ran out at the end of September, and that dealers face uncertainty from the Advanced Clean Cars II rule and manufacturers' compliance strategies.

Matt Coda, a consultant with Meadow Hill Consulting representing the Vermont Vehicle and Automotive Distributors Association, told the House Transportation Committee the association’s data show roughly 113,462 new and used vehicles were registered in Vermont in 2024 and that about 12% of those registrations were battery electric or plug‑in electric vehicles.

"Incentives work," Coda said, but he added the end of state rebate funding at the end of September did not produce a sharp drop in EV registrations. Dealers saw sales rise in October and hold roughly steady through the remainder of the year, he said, while acknowledging multiple factors —…

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