Tesla Propels 95 Per Cent Increase In EV Sales In The US
Highlights
- Tesla has driven the EV market in the US by 95 per cent
- Its market share has gone down by 8 per cent because of new entrants
- Few older EVs have also gained traction because of the market boom
Tesla is the world's largest EV maker and it is also the largest EV player in the US, considering the states are its home turf. So it shouldn't come as a surprise that Tesla has propelled 95 per cent of the increase in EV sales in the US as per a report by Experian. While this is true, its market share is coming down as traditional automakers start to deploy their EV solutions which are increasingly becoming competitive with Tesla. In 2020, Tesla accounted for 79 per cent of all the electric vehicles registered in the states. But in 2020, the US was hit hard by the pandemic and it only managed an 11 per cent increase in EV adoption in the US. That's changed dramatically in 2021 and we have barely crossed the halfway mark for the year.
Tesla's market share has dropped to 71 per cent thanks to the introduction of new EVs like the Ford Mustang Mach-E, the Audi E-Tron and the Porsche Taycan. Some older EVs like the Hyundai Kona, Nissan Leaf, and Chevrolet Bolt EV are also seeing increased traction which is why Tesla's market share has dipped, but overall, the sale of its Model Y and Model 3 is booming.
Likely, with new avatars of the Model S and Model X just launched they will also see more traction. The top-selling EVs list is restricted to data from between January to April 2021.
1. Tesla Model Y: 53,102
2. Tesla Model 3: 35,468
3. Chevrolet Bolt EV: 13,611
4. Ford Mustang Mach-E: 6,104
5. Nissan Leaf: 5,023
6. Audi e-Tron: 4,321
7. Porsche Taycan: 3,002
8. Hyundai Kona: 2,192
9. Tesla Model X: 1,730
10. Tesla Model S: 1,633
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