Tesla proves dominance in the EV market with a 75 percent market share

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Tesla has delivered 310,048 vehicles in the first quarter of 2022, another first-quarter record. The success of Tesla is proven once again as the company has three electric cars in the top 10 most selling electric vehicles in the United States, while no other manufacturer has even two different models on the list.

The gap between sales of the third and the fourth place is also significant. In the first three months of the year, Tesla sold 43,707 Model 3 vehicles, while Ford sold only 6,734 Mustang Mach-Es.shut down towards the end of the three-month period because of the increase in COVID-19 infections. The company is also dealing with ongoing supply chain challenges, just like the other automakers in the industry. The global electric vehicle market is no different than the U.S. market.

Meanwhile, Volkswagen closely followed Tesla’s market share in the global EV market in 2021. Volkswagen followed Tesla closely in the global market with a market share of 11,28 percent, while the latter’s share was 13,84 percent. Tesla’s goal is to produce up to 1.5 million vehicles in 2022. It also plans to start production on its other vehicles by 2023, including theWhile the competition in electric vehicles heats up, electric vehicles represent 5 percent of the overall auto market, and this is another first time in the United States.Stay ahead with the latest science, technology and innovation news, for free:

 

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