Tesla still dominates the U.S. electric vehicle market and now has a 68 percent market share. That share is declining as more electric vehicles enter the market. But the decline is slow, and at the same time, the automaker is increasing its U.S. deliveries.
Tesla has dominated the electric vehicle market in its home country for years. Tesla’s grip on the market is expected to weaken and help the U.S. market as more electric vehicle options hit, but for now, the U.S. electric vehicle market remains extremely dependent on Tesla for production and delivery.
For all of 2020, Tesla vehicles accounted for 79 percent of new electric vehicle registrations in the U.S. In 2021, that number drops to 69.95%, but that’s still impressive, with EV deliveries throughout the year increasing substantially with Tesla’s price.
Now, figures for the first half of 2022 show Tesla’s market share of 68% of the U.S. electric vehicle market, which maintains its dominance. The figure is understood to be based on Experian’s registration data.
The whole thing changes when you consider that Tesla has managed to maintain its lead, or rather lose just 1% of the market, while other automakers producing electric vehicles have seen a 58% increase in U.S. deliveries in the first half of the year. Impressive.
The Tesla Model Y and Model 3 are still No. 1 and No. 2, and the Mustang Mach-E is only No. 3 despite Ford’s doubling of EV deliveries so far this year.
Here are the 10 best-selling electric cars in the U.S. so far this year:
- Tesla Model Y: 103,215 units
- Tesla Model 3: 97,075
- Ford Mustang Mach-E: 18,399
- Tesla Model S: 15,317
- Tesla Model X: 13,384
- Hyundai Ioniq 5: 13,200 units
- Kia EV6: 12,036 units
- Nissan Leaf: 7,911 units
- Kia Niro EV: 6931 units
- Polestar 2: 4873
Ford’s F-150 Lightning is expected to enter the top 10 soon. While only 1,288 electric pickups were delivered in the first half of 2022, according to registration data, Ford delivered another 2,173 in July alone. Still, Tesla is likely to manage to maintain its lead in the first half of the year, depending on how Model Y production ramps up at the Texas Gigafactory.
Volkswagen’s electric vehicle deliveries in the U.S. are down 17 percent so far this year but are expected to pick up in the second half of the year as production of the Volkswagen ID.4 begins in Tennessee.