US EV Sales Percentages of Total Vehicle Sales By Brand | EVAdoption (2024)

FAQs

What percentage of US sales are electric cars? ›

The EV market share for new vehicle sales in February 2024 was approximately 6.5%, compared to 83.1% for gas-powered vehicles, according to Edmunds sales data.

Tesla currently dominates the EV market. Sales across its four models — Y, 3, X, and S— represent nearly three-fourths of total 2021 EV sales.

Tesla's share of the EV market held steady at 52%, but is down significantly from 60% in Q1 2023, and down from 79% market share in 2020. Ford sold nearly 20,233 electric vehicles in Q1 2024, an 86% increase YoY. General Motors sold 16,169 fully-electric vehicles in the quarter.

Out of 12789 vehicles sold in the first quarter of 2024, Tesla sold 5427 Tesla Model Y RWD, 1245 Long Range variants and 163 Performance variants. In contrast, just 9 Tesla Model 3 Performance variants were sold, along with 3766 Model 3 RWD and 2179 Long Range variants.

In 2022, California had about 37% of U.S. light-duty EVs, which was about six times more than the state with the second-most EVs, Florida.

S&P Global Mobility forecasts electric vehicle sales in the United States could reach 40 percent of total passenger car sales by 2030, and more optimistic projections foresee electric vehicle sales surpassing 50 percent by 2030.

What is the top-selling EV in the United States? The top-selling electric vehicle in the U.S. is the Tesla Model Y with 394,497 units sold in 2023, according to Cox Automotive data.

Despite losing some ground in 2023, Tesla continues to dominate the EV market. Elon Musk's electric-car company ran away with the top two spots, with Model Y sales of 394,497 and Model 3 sales of 220,910, according to KBB. In a distant third place is GM's Chevrolet Bolt, which racked up 60,045 sales of the EV and EUV.

Tesla Model S

Though still quite the compelling option, increased competition in the mid-size executive electric sedan segment is bringing the fight to Tesla. It's still the class king for now, but look for a refreshed Model S in the near future to pump these rookie numbers up.

More competition and flagging demand for electric vehicles has led to declining sales at Tesla. As sales of Teslas drop and demand for electric vehicles cools — even as more models enter the market — an increasing number of automakers are competing for a slice of a shrinking pie.

Who is the market leader in electric cars? ›

In 2023, Tesla retained its position as the market leader for BEVs, selling 654,888 units in the U.S., a 25.4% climb from the previous year.

Electric vehicle (EV) sales growth in the U.S. continues to slow, according to sales data analyzed by Kelley Blue Book. In the first quarter of 2024, Americans bought 268,909 new electric vehicles, according to Kelley Blue Book counts. EV share of total new-vehicle sales in Q1 was 7.3%, a decrease from Q4 2023.

The Tesla Model Y is #1 again in the electric vehicle market. Registrations were up 63% year over year (YoY) in January, to over a million units. China's market was the main driver of growth. Share-wise, 2024 started with plugin vehicles getting 16% share of the global auto market (10% BEV).

China leads global electric vehicle sales

China accounts for more than half (58 percent) of all new electric cars sold worldwide today.

1. Tesla. With a market cap of over $560 billion, Tesla is the largest EV manufacturer in the world. Various attributes differentiate Tesla from other automakers, but the most notable is its supply chain.

As of 2024, China is the country with the most electric cars in the world – and by a long shot. In 2021, there were 417 million registered vehicles in China, 319 million of which were passenger cars. Of that, 13.1 million were “new energy vehicles” – those with electric, hybrid or hydrogen fuel cell powertrains.

Hybrid vehicle sales began in 1999 and plug-in electric vehicle sales began in 2010. Hybrids captured 3.2% of the light vehicle market in 2013 and again 5.5% in 2021.

Although EV sales jumped by 65% in 2022, according to Kelley Blue Book estimates, 79% of Americans are primarily driving gas cars. By generation, baby boomers (87%) are the most likely to say they're primarily driving traditional vehicles, followed by 84% of Gen Xers.

However, January 2023 saw various external factors impact the plug-in market in China, meaning this total is skewed. This included a surge in COVID-19 cases and the ending of EV subsidies at the start of last year. EVs started the year strong with a 31.6% market share, including 17.8% for all-electric models alone.