2021: Tesla held 72% of the US EV market share. 2022: It shifted down to 65%. By mid-2023? 60.5%, according to Kelley Blue Book Electric Vehicle Sales Report.
Tesla remains the kingpin, but there's no denying the increasing competition. To put it into perspective, their closest competitor, Chevrolet, only secured 6% of EV sales in H1-2023.
Spotlight on Tesla's Fleet: The Model Y outshines the rest, boasting a 52.9% sales growth compared to H1-2022.
Who's Chasing Tesla?
Ford: 4.6% market share. Hyundai & Rivian: Neck and neck with 4% and 3.7%, respectively. A nod to Rivian - clinching a top 5 spot as a newcomer is no small feat. Genesis: A staggering 998% sales surge! New electrified G80 and GV70 models are clearly turning heads.
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