More than 300,000 new electric vehicles were sold in the United States in the third quarter, representing a notable 49.8% increase from Q3 2022 meaning EVs accounted for 7.9% of total industry sales. Data released by Kelley Blue Book reveals that 313,086 new EVs were sold across the country last quarter. This is up from the 298,039 that were sold in Q2 and the EV share of 7.9% of the market is also up from the 7.2% in Q2.
2% Of New Car Sales In The U.S. Between January And July The data reveals that many car manufacturers reported significant increases in EV sales in Q3 compared to the year prior. Volvo, Nissan, Mercedes, and Hyundai all saw increases of over 200% thanks primarily to the introduction of new and enticing models. BMW also reported sales more than triple what they were a year ago while Audi posted an EV sales gain of 94%.