Mississippi Has Highest Growth Rate in Hybrid and Electric Vehicle Market Share

It’s still one of the least likely states to own an electric vehicle, but Mississippi’s market share of EVs is growing.
Written by Alexandra Maloney
Reviewed by Kathleen Flear
It’s no secret that hybrid and
electric vehicles
have increased rapidly in popularity over the past few years, but the trend has adopted slower in some states than others. While Mississippi is one of the least popular states to own an electric vehicle, a recent study shows that it has the highest growth rate in electric vehicle market share. 

Mississippi has the highest growth rate in EV market share

According to a recent study done by
iSeeCars
, Mississippi has the highest growth rate in hybrid and electric vehicle market share. 
To obtain the data, iSeeCars analyzed the U.S. regions with the biggest shift in market share for alternative fuel vehicles since 2014. Largely, the data they found suggests that electric vehicle market share is growing faster in more rural areas of the country, as opposed to densely populated and coastal cities. 
The study found that Mississippi has had a 240.9% increase in alternative fuel share over the past few years. In 2014, Mississippi had just .9% of EV market share, which has now increased to a 3.1% market share in 2022. 
Mississippi has beat out every other state in highest EV market share growth rate by a landslide. After Mississippi, the biggest change was seen in Hawaii, which had a 116.5% increase after jumping from a 2.4% market share in 2014 to a 3.1% market share in 2022. 
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These states have the worst growth rates in EV market share

While Mississippi had a large jump in EV market share, some other states saw no or even negative movement. 
South Carolina came in last place, with EV market share actually decreasing by 11.3%. In 2014, South Carolina had 2.1% of the market share, but in 2022 the state holds just 1.9% of the market share. 
Similarly, South Dakota saw a decrease in 2.8%, going from a market share of 1.4% in 2014 to 1.3% in 2022. Florida saw no change, staying at 2.4% of the market share consistently. 
These metrics all point to a change in the way the country views electric vehicles, and points to a wider acceptance in more rural and centrally located states. As
Mississippi Today
reports, Mississippi is one of the only states in the country that doesn’t require emissions testing for vehicles, nor does the state offer incentives such as a tax credit or rebate. 
But, the large increase in market share proves that despite these hurdles, Mississippi residents are interested in investing in an electric vehicle, and are actually purchasing them. While growth might have slowed in bigger and coastal cities, this positive trend in Mississippi indicates electric vehicles might just be becoming widely accepted nationwide, specifically in areas that were hesitant at first. 

Car insurance for your electric vehicle

If you’re one of the later adopters to the electric vehicle market, it’s important to know that whenever you do purchase an electric vehicle, you’ll need to get
car insurance
for it. Unfortunately, electric vehicles are still considered luxury by many insurance companies, meaning the rates to protect them might be more expensive.
But, if you use
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