On my 1st 2014 Spark EV I bought in 2017 in Arizona, I renewed my plates in December 2018 for 5 years and it cost me $33. They will now expire December 2023 (Arizona plates) so YES, with an EV, you get the option to renew for 5 years since there is never an Emissions test required.
NOTE, however, the 1st year I only got to renew the plates for 1 year and 1 month.. something to do with how the previous owner (also in Arizona) had them registered and I had to go with that. The 5 year option was on my 2nd renewal and at that point I was given the option of 1 year, 2 years or 5 years. I opted for the 5 year deal. Hard to say no to only $33 for 5 years!