It’s hard to see what’s really happening with all the negative EV news. Take a look at the numbers below and we’ll see how the future shapes, especially with some of the changes coming from new entries in new technologies from each of the vendors.
Self driving as a wildcard, a new low priced entries from vendors will certainly accelerate adoption. It’ll be interesting to see how the tax credit being removed will affect and how manufacturers will adjust.
I also believe there’s a seismic shift in the New generations about car ownership.
The chart below shows the year-to-date (Q1-3 2025) sales for the top-selling Electric Vehicle (EV) and Plug-in Hybrid Electric Vehicle (PHEV) brands in the US market.
A complete breakdown of monthly and brand-specific sales for both EVs and traditional Hybrids (HEVs) is not consistently consolidated and published in a single public source, so the data for this chart focuses on the Battery Electric Vehicles (BEV) and Plug-in Hybrid Electric Vehicles (PHEV) segment for the first quarter of 2025 (January through March).
Top US Market EV Sales by Brand (Year to Date Q1 2025)
The chart illustrates the dominance of a few brands in the EV/PHEV space at the start of the year:
- Tesla leads the market by a significant margin.
- Ford and Chevrolet (part of General Motors) hold the next top spots, followed by several other brands with rapidly growing EV and PHEV portfolios.
Provided by Gemini query