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EVs Made Up 5.6 Percent Of US Car Market In 2022 Driven By Tesla

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EVs Made Up 5.6 Percent Of US Car Market In 2022 Driven By Tesla via insideevs.com

The US electric vehicle market almost doubled last year, with BEV registrations surging to 5.6 percent of light-vehicle registrations, compared to 3.1 percent in 2021.Automotive NewsTesla accounted for 64 percent of the US EV market, with 484,351 registrations – a 41 percent increase over 2021. Almost half of those were made up by thehad four, with its Model Y, Model 3, Model S, and Model X being joined by the Ford Mustang Mach-E, which ranked third.

Despite the increase in registrations, Tesla's share of the US EV market fell to 64 percent last year from 71 percent in 2021 after launches of popular new models such as the Cadillac Lyriq, Ford F-150 Lightning, Kia EV6, and more.

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