TECH - Rivian Notches Biggest Jump In California New BEV Registrations Tesla Maintains Lead | Benzinga
Battery electric vehicles (BEVs) accounted for 21.5% of new vehicle registrations in the state of California for the first nine months of 2023, as per data released by the California New Car Dealers Association. This is nearly thrice the market share of 7.4% BEVs acquired in the time period across the U.S.
What Happened: As per a report published by the association on Wednesday, though combustion engine vehicles continue to dominate new vehicle sales in the state, its market share has dropped significantly since 2022.
The combined market share for BEVs, plug-in hybrid vehicles, hybrids, and fuel cell vehicles was 35.4% as ...