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California EV Exports, Already Valued At $3 Billion In 2018, Expected To Hit $3.4 Bill

Updated: May 21, 2020

by Chris Busch

More and more electric vehicles (EVs) are accelerating onto roads worldwide, and as they gain traction, they’re becoming one of California’s biggest economic exports. Last year, EVs were the state’s 8th most valuable export, worth almost $3 billion in revenue—more than phones, pistachios, and even oil.  

In 2019, California’s EV exports are poised to grow further – expected to hit $3.4 billion, which would have made it the state’s fifth most valuable export in 2018.

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