Market share of EVs is growing strongly in the United States

The market share of fully electric cars in the United States was still 3.1 percent in 2021, Automotive News reports. In 2022, that will be considerably higher at 5.6 percent, thanks to a combination of increasing EV sales and falling car sales in general. In hard numbers, according to Experian’s figures, 756,534 electric cars were sold in the US in 2022, 57 percent more than a year earlier. 484,351 of those 756,534 cars came from Tesla, giving that brand a whopping 64 percent share of total EV sales. Ford is in second place, partly thanks to the F-150 Lightning, but has to settle for only 7.5 percent of the EVs. The most popular EV in the US was the Tesla Model Y in 2022, just like in Europe.

Now that we are talking about Europe: the EV now has a market share of 12 percent here. The Americans are still a bit behind in that area, but they are working hard on it. Under the banner of the Inflation Reduction Act, new subsidies have been introduced to make the purchase of an EV more attractive for Americans. Low electricity prices already did that, because with an average of less than 16 cents per kWh (saveonenergy.com), electric driving is simply cheap even at American fuel prices.

Falling sales

The pick-ups from Ford, GM and Ram remain unbeatable, especially with fuel engines for the time being.

Looking at the total of all car sales, it is striking that 11 percent fewer new cars were sold in the US in 2022 than in 2021. Goodcarbadcar.net registered a significant drop for almost all top of the sales ranking, with the already mentioned Model Y ( place 8, plus 39.8 percent) as the only exception. Still, a lot needs to be done to get that Tesla into the top 3. This is still filled in successively by the Ford F-series, the Chevrolet Silverado and the pick-up series from Ram, with a difference of 100,000 vehicles with the first non-pickup. That’s the Toyota RAV4, by the way.