Get instant notifications when there’s news about your stocks. Claim your 1-week free trial to: StreetInsider Premium here.
NEW YORK, Sept. 15, 2022 (GLOBE NEWSWIRE) — Bumper, a super app for car owners, announces its list of the Best and worst States will own electric cars by 2022.
The second annual Bumper Best and Worst States to Own Electric Cars study comes on the heels of the Inflation Reduction Act (IRA), which calls for a pathway to be set up for increased electric vehicle (EV) adoption in the U.S. The IRA provides tax credits and funds to states to build more EV chargers. Bumper’s analysis ranks states based on several factors as they relate to EV ownership and each state’s ability to support a growing population of EV owners. Eleven metrics were weighed in to determine the ranking, including financial incentives, the number of public charging stations, the cost of charging an EV versus the gas alternative, and more.
“Americans are becoming more interested in what they can personally do to help the environment, and one way many motorists are doing that is by switching to electric vehicles,” said Julianne Ohlander, a data analyst at Bumper. “For those who may be unsure about making the switch, this survey is a great resource for comparing how their state supports EV owners versus other states in the country.”
The top 10 states with an electric car
| Rank | State | To score |
| 1 | Maryland | 14.65 |
| 2 | New York | 15.25 |
| 3 | Massachusetts | 17.10 |
| 4 | Pennsylvania | 17.45 |
| 5 | Vermont | 17.95 |
| 6 | New Jersey | 18.00 |
| 7 | California | 18.35 |
| 8 | Virginia | 18.90 |
| 9 | Utah | 19.25 |
| 10 | Rhode Island | 19.60 |
Scores are based on a state’s overall ranking across each of the eleven measured metrics: the lower the score, the better a state’s ranking.
View the full list here; category winners can be found below.
Key learning points:
- Maryland is generally the best state to own an electric vehicle; South Carolina is the worst.
- Maryland tops the list of the best financial incentives to own an EV; Arkansas enters last.
- Rhode Island is the state with the best EV infrastructure; Wisconsin has the worst.
- Nevada has the highest cost savings per 1,000 miles for EV drivers compared to gasoline drivers; Connecticut has the lowest.
Category winners
Infrastructure
| Rank | State |
| 1 | Rhode Island |
| 2 | Massachusetts |
| 3 | Utah |
| 4 | Vermont |
| 5 | California |
Financial incentives
| Rank | State |
| 1 | Maryland |
| 2 | New Jersey |
| 3 | New York |
| 4 | Pennsylvania |
| 5 | Virginia |
Average EV Price vs. Median Income
| Rank | State |
| 1 | Maryland |
| 2 | New Jersey |
| 3 | Massachusetts |
| 4 | Hawaii |
| 5 | Connecticut |
Methodology
Bumper.com ranked financial incentives on six metrics:
- Change in average gas price from August 2021 to August 2022;
- Five-year change in charging costs per 1,000 miles;
- Cost difference to drive 1,000 miles with EV versus gas cars;
- Percentage of employees who travel to work for more than 30 minutes;
- Current number of unexpired state financial incentives to move to electric vehicles; and
- Average current transaction price of a new electric vehicle relative to the median state income.
We ranked infrastructure incentives by five metrics:
- Number of public charging stations per state-licensed driver;
- Number of public EVSE ports per 100 EV registrations;
- State annual growth of electric charging stations since 2018;
- EV registrations per 1,000 motor vehicle registrations; and
- 2022 state allocations for the electric vehicle charger network, part of November’s bipartisan infrastructure law, per licensed driver.
About bumper
Bumper.com’s mission is simple: make the experience of owning, buying and selling a car better and more affordable through vehicle history reports for a low price. Membership also unlocks access to reliable accident information, recalls, market value, and easy-to-use tools available online or through the Bumper.com mobile app. Follow Bumper.com on TikTok, Instagram, YouTube, facebook, Twitter or follow their blog for content related to car maintenance, car salesand cleaning car. For questions about partnership, email [email protected]
Media contact:
Kerry Sherin
Erin Kemp
[email protected]
Related images
This content is published through the press release distribution service at Newswire.com.
window.fbAsyncInit = function() {
FB.init({
appId : ‘415409898518774’, // App ID
channelUrl : ‘//www.streetinsider.com/fbchannel.php’, // Channel File
status : true, // check login status
cookie : true, // enable cookies to allow the server to access the session
xfbml : true, // parse XFBML
oauth : true,
version : ‘v2.5’
});
// Additional initialization code here
FB.Event.subscribe(‘auth.statusChange’, function(response) {
if ( response.status == ‘connected’ ) {
if ( window.fbLoginCallback ) {
window.fbLoginCallback.call(window, response);
}
}
});
FB.Event.subscribe(‘edge.create’, function(e) {
if ( window.onFbLike ) {
window.onFbLike();
}
});
};
// Load the SDK Asynchronously
(function(d){
var js, id = ‘facebook-jssdk’, ref = d.getElementsByTagName(‘script’)[0];
if (d.getElementById(id)) {return;}
js = d.createElement(‘script’); js.id = id; js.async = true; js.defer = true;
js.src = “https://connect.facebook.net/en_US/all.js”;
ref.parentNode.insertBefore(js, ref);
}(document));
