The average age of light vehicles in operation in the U.S. has risen again this year to 11.8 years, according to new research from IHS Markit.
EV Sales, Loyalty Reach Record Highs
The U.S. market for fully electric vehicles has reached record volumes with 208,000 new registrations in 2018, all while loyalty rates of EV buyers continues to grow, according to recent analysis by business intelligence firm IHS Markit.