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EVs Accounted For 5.6% Of U.S. Market Last Year, Tesla Continues To Dominate
CarScoops ^ | February 19, 2023 | by Brad Anderson

Posted on 02/21/2023 4:52:07 AM PST by Oldeconomybuyer

Electric vehicles accounted for 5.6 per cent of new light-vehicle registrations in the United States last year, a significant jump from the 3.1 per cent of 2021, and while various new carmakers entered the EV race, Tesla continues to dominate.

Data from Experian reveals that some 756,534 new EVs were registered in the United States last year, a 57 per cent increase. This came despite sales across the overall market falling by 11 per cent to 13.6 million.

Tesla’s share of the EV market fell from 71 per cent to 64 per cent with it registering a total of 484,351 new vehicles locally throughout 2022. That represented a 41 per cent jump over 2021 and was spearheaded by the Model Y that shifted 228,313 units, Auto News reports. Of the five best-selling EVs in the U.S. last year, four of them were Tesla models, namely the Model 3, Model Y, Model S, and Model X.

Ford was the second-best seller of electric vehicles in the U.S. in 2022, capturing a 7.5 per cent slice of the market. It beat out Chevrolet with its 4.8 per cent share of the market, sitting above Kia with 3.8 per cent and Hyundai with 3.5 per cent.

(Excerpt) Read more at carscoops.com ...


TOPICS: Business/Economy; Culture/Society; Government; News/Current Events
KEYWORDS: electric; evs; vehicles
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1 posted on 02/21/2023 4:52:07 AM PST by Oldeconomybuyer
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To: Oldeconomybuyer
I predict that'll go down in a few years.

A) EV's tend to be new cars = new car owners don't have to buy a new car for a while.

B) Only a small percentage of the population want an EV. Once everyone who wants one gets one then the sales will decline like your MPGe while driving 90.

2 posted on 02/21/2023 4:56:07 AM PST by Tell It Right (1st Thessalonians 5:21 -- Put everything to the test, hold fast to that which is true.)
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To: Oldeconomybuyer
From my cold, dead hands...


3 posted on 02/21/2023 4:57:37 AM PST by DoodleBob ( Gravity’s waiting period is about 9.8 m/s²)
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To: Oldeconomybuyer

Tesla’s gonna go bankrupt any moment now... any moment... (/FReeper Luddites.)


4 posted on 02/21/2023 5:01:15 AM PST by dangus
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To: DoodleBob

It IS funny how that car, once embarrassing, looks pretty damned sweet now.


5 posted on 02/21/2023 5:02:23 AM PST by dangus
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To: dangus

There is a place for electric cars in cities.

Anywhere else, they are far more environmentally destructive than a gasoline vehicle. The mining for battery metals alone is far worse than the lifetime pollution from a normal car.

Nothing “Luddite” about reality.


6 posted on 02/21/2023 5:04:24 AM PST by Jewbacca (The residents of Iroquois territory may not determine whether Jews may live in Jerusalem.)
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To: Oldeconomybuyer
You guys can go electric, or stay with your internal combustion engine vehicles. To each his own. As for me, I’m sticking with my coal-powered, steam-driven truck.

In case you’re wondering how it passes the emissions test, a $5 bill slipped to the technician can do wonders.


7 posted on 02/21/2023 5:16:29 AM PST by Leaning Right (The steal is real.)
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To: DoodleBob

Does Clark Griswold no you stole his car?


8 posted on 02/21/2023 5:17:33 AM PST by DAC21
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To: DAC21

“know”


9 posted on 02/21/2023 5:18:36 AM PST by DAC21
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To: Jewbacca
There is a place for electric cars in cities.

I respectfully disagree. IMHO a couple considering buying an EV should think twice if they live in the city where there's liable to be less ability to charge at home relative to the suburbs and rural areas. Then there's the matter of not having to drive as far anyway to work if you live in the city (no real gas savings by going EV relative to living in the suburbs or rural areas and having to drive a long way to work).

Either way it should be a free market decision and not forced onto us like the Dims do with EV's and everything else they want.

10 posted on 02/21/2023 5:27:08 AM PST by Tell It Right (1st Thessalonians 5:21 -- Put everything to the test, hold fast to that which is true.)
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To: Oldeconomybuyer

EVs are a novelty promoted by naive people oblivious to long term consequences. In ten years the reality of battery replacement, impossibility of practical charging capabilities, weight of vehicle (destruction to roads and parking garages), spontaneous fires, etc, will spell the demise of this insane fad.


11 posted on 02/21/2023 5:31:44 AM PST by LouAvul (Daniel 4:17: "..the most High ruleth in the kingdom of men, and giveth it to whomsoever he will.." )
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To: Oldeconomybuyer
I wouldn’t put any weight at all in auto industry figures for 2022. With the entire industry in disarray from a supply chain standpoint, product availability (or lack of it) was a major factor in purchase decisions.

A friend of mine just picked up a new car last week. He had ordered it in November … of 2021.

12 posted on 02/21/2023 5:34:32 AM PST by Alberta's Child
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To: Tell It Right

It will go down based on what you said, another reason will have a catastrophic effect on EV sales is if we get in a war with or sanction China.

The Biden Administration is threatening China over it’s aid to Russia in the war and telling them to not give Russia lethal aid, which China will surely do eventually.

At that point do we sanction China the same way we sanctioned Russia, or do we wait until China decides to take Taiwan, either way since China makes the batteries for the vast majority of the EVs, no batteries equal no EVs getting made, which means companies like Tesla are finished and the other companies like Ford, GM, etc will be severely impacted.


13 posted on 02/21/2023 5:35:03 AM PST by srmanuel
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To: Alberta's Child

I’m planning on a new car in a year or so. So I’m looking now, for that reason.


14 posted on 02/21/2023 5:41:38 AM PST by FreedomPoster (Islam delenda est)
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To: dangus
Unfortunately the attendant wardrobe is a shambles.


15 posted on 02/21/2023 5:41:44 AM PST by DoodleBob ( Gravity’s waiting period is about 9.8 m/s²)
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To: srmanuel
It will go down based on what you said, another reason will have a catastrophic effect on EV sales is if we get in a war with or sanction China.

Nope. China is the new gay black who can do no wrong in the Dims' eyes because they're communist and they hate America, just like the Dims do. Look at how much the Dims loved Russia until they quit being communist.

16 posted on 02/21/2023 5:45:43 AM PST by Tell It Right (1st Thessalonians 5:21 -- Put everything to the test, hold fast to that which is true.)
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To: Oldeconomybuyer
Brad must have stopped to catch his breath several times while he was writing that excerpt.

The whole EV thing works if you accept the notion that America, the most innovative and advanced country in the modern world, can abandon an infrastructure to support ICE's and replace it with an infrastructure to support EV's in about 10 years. And clean up all the messy leftovers.

17 posted on 02/21/2023 5:45:55 AM PST by Bernard (“the rights of man come not from the generosity of the state but from the hand of God." JFK 1-20-61)
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To: DoodleBob

Ah, the Dick Cavett Collection from Sears on the left. 70’s sartorial supremacy.


18 posted on 02/21/2023 5:47:08 AM PST by Sirius Lee (They intend to murder us. Prep if you want to live and live like you are prepping for eternal life)
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To: Sirius Lee
And that was considered GOOD fashion back then.

What was on the cutting room floor!????!

19 posted on 02/21/2023 5:53:45 AM PST by DoodleBob ( Gravity’s waiting period is about 9.8 m/s²)
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To: DoodleBob
The classic Country Squire station wagon! We had a lot of road trips in that car, complete with melted ice cream stains in the back seats. I can still smell the overflowing ash trays up front. My father would cut the seat belts out of the car because they just "got in the way" of things. Most of the time, we kids just tumbled around in the back anyhow.

Now here's a top of the line trim for the more discerning suburban Dad...


20 posted on 02/21/2023 5:54:19 AM PST by SamAdams76 (4,895,899 Truth | 87,656,930 Twitter)
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