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EV market share climbs to 7.2% in the USA

655,986 new battery-powered cars have been sold in the United States in January-July 2023, making up 7.2 percent of total car sales. According to Carscoops, the last year’s share was 4.9%.

Tesla has confidently led the sales with 59.5% of the market segment taken and 390,377 units sold. Model Y sales have nearly doubled year-on-year for 236,041 units total. Model 3 trailed it with 131,381 units (+21% YoY), Model X lagged far behind with 14,462 units (down 14%) and Model S rounded off the four with 8,943 units (down 51%).

General Motors landed on the second line with 39,647 units sold and 6% of the market claimed. Ford landed third with 33,955 EVs and 5.2%. The next three positions were occupied by Hyundai (28,198 / 4.3%), BMW (23,116 / 3.5%), and Mercedes-Benz (21,160 / 3.2%).

Interestingly enough, back in July the EV sales share climbed to an all-time high of 8.5% with Tesla having 63% of the market. The consensus is that the EV sales are booming: in January-October 2019, their share in the U.S. car market amounted to an almost negligible 1.3%. In the three years that followed, it had barely grown to 5.1%.

That said, the United States are still playing catch-up with Europe, where EVs occupy 12% of the market (every eighth vehicle sold is electric).