1.2 Million EVs Sold In the U.S. Last Year; Spring Break Road Trips Are Going Electric

Rhea-AI Summary

Mercury Insurance (NYSE: MCY) highlights growing EV travel as spring break begins, noting about 1.2 million EVs sold in the U.S. in 2025 and EVs representing roughly 8–9% of new vehicle sales. The company cites >60,000 public charging stations and >170,000 ports, and warns range can drop 10–30% in cold or high‑speed driving. Mercury offers practical spring break tips: plan charging stops, download charging apps, carry charging gear, understand true range, and review insurance coverage for higher repair costs.

News Market Reaction – MCY

-0.72%

1 alert

-0.72% News Effect

On the day this news was published, MCY declined 0.72%, reflecting a mild negative market reaction.

Data tracked by StockTitan Argus on the day of publication.

Key Figures

EVs sold in U.S.: 1.2 million EV share of sales: 8–9% Americans considering EV: nearly two-thirds +3 more

6 metrics

EVs sold in U.S. 1.2 million Electric vehicles sold in the U.S. in 2025

EV share of sales 8–9% Share of new vehicle sales accounted for by EVs

Americans considering EV nearly two-thirds AAA-reported share of Americans who would consider an EV

Public charging stations more than 60,000 Number of public charging stations in the U.S.

Charging ports more than 170,000 Individual charging ports available in the U.S.

Range drop in conditions 10% to 30% Potential EV range reduction in cold or high-speed highway driving

Market Reality Check

Price: $87.58 Vol: Volume 235,940 vs 20-day ...

low vol

$87.58 Last Close

Volume Volume 235,940 vs 20-day average 361,594 (relative volume 0.65). low

Technical Price $89.69 is above 200-day MA at $80.25, and 10.36% below the 52-week high of $100.055.

Peers on Argus

MCY’s pre-news move of -0.87% occurred as key peers like SIGI (-2.51%), WTM (-1....

MCY’s pre-news move of -0.87% occurred as key peers like SIGI (-2.51%), WTM (-1.20%), HGTY (-1.39%) and KMPR (-4.06%) were also down, while LMND rose 2.06%, indicating mixed but generally weak sector action rather than a unified move.

Historical Context

5 past events · Latest: Mar 05 (Neutral)

Pattern 5 events

Date	Event	Sentiment	Move	Catalyst
Mar 05	Severe weather safety	Neutral	-2.0%	Storm-preparedness guidance and risk education around severe weather events.
Mar 03	Tax documentation reminder	Neutral	-0.3%	Guidance on gathering insurance documents ahead of tax deadlines.
Feb 26	Auto theft trends	Positive	+1.3%	Highlighting nationwide auto theft decline and mitigation tips for policyholders.
Feb 24	Rating affirmation	Positive	+2.3%	AM Best rating affirmation with stable outlook and strong balance sheet.
Feb 24	Service award	Positive	+2.3%	USA TODAY recognition as a top customer service provider in financial services.

Pattern Detected

Recent news items have mostly been operational or reputational updates; positive items have often coincided with modest share gains, while safety or risk-awareness campaigns have not consistently supported the stock.

Recent Company History

Over the past few weeks, Mercury has focused on consumer education and franchise strength. On Feb 24, AM Best affirmed an A (Excellent) rating with a stable outlook and noted $2.4 billion in policyholder surplus, and the same day USA TODAY recognized Mercury for top customer service. Other releases covered evolving auto theft risks, tax-document preparedness, and severe-storm safety. Today’s EV road trip guidance fits this pattern of risk education and brand positioning rather than a balance-sheet or earnings catalyst.

Market Pulse Summary

This announcement emphasizes Mercury’s engagement with the growing EV segment, noting over 1.2 milli...

Analysis

This announcement emphasizes Mercury’s engagement with the growing EV segment, noting over 1.2 million EVs sold in 2025 and EVs representing 8–9% of new U.S. vehicle sales. It extends a recent pattern of consumer education on risks and preparedness, now focused on EV road-trip planning, charging access and insurance considerations. In assessing impact, investors may track how this positioning in an expanding market influences future policy mix, loss dynamics for EVs, and brand perception alongside prior ratings and service recognitions.

Key Terms

range anxiety, charging networks

2 terms

range anxiety technical

""Spring Break is about relaxation, not range anxiety," Ward added."

Range anxiety is the worry drivers feel about an electric vehicle running out of battery before reaching a charger or destination. For investors, it matters because this fear influences how quickly consumers adopt electric vehicles, which in turn affects sales, service demand, battery and charging infrastructure companies; think of it as a consumer confidence meter that can slow or speed the transition to new technology.

charging networks technical

"first-time EV road trippers navigating range planning, charging networks and battery performance"

A charging network is the system of electric vehicle charging stations, the equipment that powers them, and the software and connections that let drivers find, pay for, and use those chargers. Like a network of gas stations for cars, it matters to investors because wider, reliable charging makes electric vehicles more practical, driving demand for related companies and creating recurring revenue, infrastructure costs, and regulatory or utility impacts that can affect profits and growth.

AI-generated analysis. Not financial advice.

With travel season beginning in mid-March across much of the U.S., Mercury Insurance shares smart charging and safety tips for families hitting the road

LOS ANGELES, March 10, 2026 /PRNewswire/ -- Spring Break doesn't arrive all at once. From Florida beaches in early March to West Coast road trips in April, school calendars across the country stagger the season — but for many families, travel typically ramps up in mid-March. And increasingly, those trips are happening behind the wheel of an electric vehicle — a trend Mercury Insurance (NYSE/NYSE Texas: MCY) is closely tracking as EV ownership continues to grow nationwide.

More than 1.2 million electric vehicles were sold in the U.S. in 2025, marking continued growth in EV adoption nationwide. Today, EVs account for roughly 8–9% of new vehicle sales, according to industry data, and AAA reports that nearly two-thirds of Americans would consider going electric for their next vehicle.

That shift means more first-time EV road trippers navigating range planning, charging networks and battery performance in real-world conditions.

"Electric vehicles are no longer niche — they're mainstream," said Steve Ward, Director of Strategic Planning and Enterprise Risk Management at Mercury Insurance. "As more families choose EVs for Spring Break travel, preparation is key. Planning charging stops, understanding how weather impacts battery range and building in flexibility can turn a potential stress point into a smooth, confident road trip."

The EV Road Trip Reality

The good news: the U.S. now has more than 60,000 public charging stations and more than 170,000 individual charging ports, with infrastructure expanding rapidly along major travel corridors.

The planning reality: EV range can drop by 10% to 30% in cold or high-speed highway driving, depending on conditions. Add luggage, passengers and air conditioning — and range estimates can shift.

Mercury Insurance recommends families take a proactive approach before heading out.

Mercury's Spring Break EV Travel Tips

Plan charging stops in advance.
Use route-planning tools that identify compatible fast chargers along your trip. Don't rely on a single charging location — have a backup in mind.

Understand your true range. Highway speeds, elevation changes and cargo weight can reduce battery efficiency. Build in a range cushion instead of running down to single digits.

Download charging network apps before departure. Set up accounts, payment methods and review station availability ahead of time to avoid delays at the charger.

Check your charging equipment. Bring your portable charging cable and confirm it's in working condition — especially if you're staying at a vacation rental where home charging may be available.

Review your insurance coverage. EVs often carry higher repair costs due to advanced battery systems and specialized parts. Make sure your coverage limits align with your vehicle's value.

Prepare for traffic surges. Spring Break congestion can increase idle time and detours. Monitor traffic patterns and adjust charging strategy accordingly.

"Spring Break is about relaxation, not range anxiety," Ward added. "A little preparation — just like mapping your destination or booking a hotel — makes all the difference. With EV ownership growing every year, we want families to feel informed, confident and ready to enjoy the ride."

As EV adoption continues to expand and infrastructure improves, road trips are increasingly electric. With the right planning, families can focus less on the battery gauge — and more on the beach, the mountains or wherever their Spring Break takes them.

For more information about road trips and traveling in an EV, visit the Mercury Blog.

About Mercury Insurance

Mercury Insurance (NYSE: MCY) is a multiple-line insurance carrier predominantly offering personal auto, homeowners, renters and commercial insurance through a network of independent agents in Arizona, California, Georgia, Illinois, Nevada, New Jersey, New York, Oklahoma, Texas and Virginia, as well as auto insurance in Florida. Mercury writes other lines of insurance in various states, including commercial, business owners and business auto, landlord, home-sharing, ride-hailing and mechanical protection insurance.

Since 1962, Mercury has provided customers with tremendous value for their insurance dollar by pairing ultra-competitive rates with excellent customer service, through more than 4,200 employees and a network of more than 6,340 independent agents in 11 states. Mercury has earned an "A" rating from A.M. Best, as well as "Best Auto Insurance Company" designations from Forbes and Insure.com. For more information visit www.MercuryInsurance.com or follow the company on X, Instagram or Facebook.

Media interested in receiving updates from Mercury can learn more at the Mercury Newsroom.

View original content to download multimedia:https://www.prnewswire.com/news-releases/1-2-million-evs-sold-in-the-us-last-year-spring-break-road-trips-are-going-electric-302709705.html

SOURCE Mercury Insurance

FAQ

How many electric vehicles were sold in the U.S. in 2025, and what does that mean for MCY investors?

About 1.2 million EVs were sold in the U.S. in 2025, signaling growing EV adoption which may influence insurance exposure and claims. According to Mercury Insurance, rising EV registrations and expanding charging infrastructure could change risk profiles and claim costs for insurers, affecting underwriting and pricing strategies.

What spring break EV charging tips did Mercury Insurance (MCY) recommend for families?

Mercury recommended planning charging stops, downloading charging apps, and carrying charging equipment before travel to avoid delays. According to Mercury Insurance, families should also understand true range, build a range cushion, and review EV insurance coverage to account for higher repair costs.

How much can EV range drop in cold weather or high-speed highway driving, per Mercury Insurance?

Cold temperatures or high-speed highway driving can reduce EV range by roughly 10% to 30%, so expect variability. According to Mercury Insurance, additional factors like luggage, passengers and air conditioning further lower efficiency, so drivers should build in a safety margin and plan backup chargers on route.

How many public charging stations and ports are available in the U.S., according to Mercury Insurance?

The U.S. has more than 60,000 public charging stations and over 170,000 individual charging ports, expanding along corridors. According to Mercury Insurance, infrastructure growth improves route options for spring break trips but still requires planning and occasional backups at busy locations.

Should drivers review insurance coverage for EV road trips, and why does Mercury (MCY) advise this?

Yes. Drivers should review EV insurance because EV repairs can be costlier due to batteries and specialized parts, increasing potential claim costs. According to Mercury Insurance, aligning coverage limits with vehicle value helps manage higher repair bills and ensures appropriate protection during road trips.