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Tesla Maintains Massive Lead In Electric Car Sales
According to new registration data compiled and shared by Experian, and also reported by Electrek, Tesla still holds a giant lead in the US E.V. market. As competing automakers bring new and compelling E.V.s to market, their electric car sales are growing, though Tesla is growing much more quickly, and that stands to accelerate going forward.
Tesla is in the midst of opening a new factory in Texas, as well as another in Germany. Both are already producing the brand's popular Model Y crossover, just waiting for the official start of deliveries.
C.E.O. Elon Musk also recently noted that Tesla is considering expansion at its original factory in Fremont, California. Musk also just tweeted that he's currently working on Tesla's Master Plan Part 3, so we'll have to wait and see if that plan has anything to do with speeding up production to meet growing demand.
Tesla has been at the top when it comes to E.V. sales for years, and as you can see from the chart below, dominating is a very fair word to use here.
Based on the registration data used to compile the Experian report, Tesla had nearly 70 percent of the total E.V. market share in the U.S. in 2021. Next in line? Nissan, with shy of 9 percent. Looking at the big E.V. movers in the space of late, G.M., Ford, Volkswagen, Audi, Hyundai, and Kia, you can see that the 2021 US market share ranges from just over 1 percent to about 7 percent.
Source: Re-posted and Summarized from Steven Loveday at insideevs.
My Take: Within five years you will see articles that say "Tesla Maintains Massive Lead In ALL Car Sales". The ICE car sales will be irrelevant.
Re Posted From: Tesla Maintains Massive Lead In Electric Car Sales
According to new registration data compiled and shared by Experian, and also reported by Electrek, Tesla still holds a giant lead in the US E.V. market. As competing automakers bring new and compelling E.V.s to market, their electric car sales are growing, though Tesla is growing much more quickly, and that stands to accelerate going forward.
Tesla is in the midst of opening a new factory in Texas, as well as another in Germany. Both are already producing the brand's popular Model Y crossover, just waiting for the official start of deliveries.
C.E.O. Elon Musk also recently noted that Tesla is considering expansion at its original factory in Fremont, California. Musk also just tweeted that he's currently working on Tesla's Master Plan Part 3, so we'll have to wait and see if that plan has anything to do with speeding up production to meet growing demand.
Tesla has been at the top when it comes to E.V. sales for years, and as you can see from the chart below, dominating is a very fair word to use here.
Based on the registration data used to compile the Experian report, Tesla had nearly 70 percent of the total E.V. market share in the U.S. in 2021. Next in line? Nissan, with shy of 9 percent. Looking at the big E.V. movers in the space of late, G.M., Ford, Volkswagen, Audi, Hyundai, and Kia, you can see that the 2021 US market share ranges from just over 1 percent to about 7 percent.
Source: Re-posted and Summarized from Steven Loveday at insideevs.
My Take: Within five years you will see articles that say "Tesla Maintains Massive Lead In ALL Car Sales". The ICE car sales will be irrelevant.
Re Posted From: Tesla Maintains Massive Lead In Electric Car Sales