TSLA - Top 10 Bestselling Electric Vehicles In U.S. 2023: Where Do Tesla Ford General Motors Rank? | Benzinga
The U.S. automotive industry saw a record number of electric vehicles sold in 2023, dominated by the Tesla Inc. (NASDAQ:TSLA) Model Y, which recently became the global bestselling electric vehicle of all time.
What Happened: In 2023, 1.2 million electric vehicles were sold in the U.S., which was up 46.3% year-over-year. Like other parts of the world, the electric vehicle market was dominated by the Model Y from Tesla.
Electric vehicles made up 7.6% of new vehicles sold in the U.S., up from 5.9% in 2022, according to data from Kelley Blue Book.
Fourth quarter U.S. electric vehicle sales were 317,168 units, which set a volume record. Market share of 8.1% of all new vehicles for the fourth quarter was also a record for electric vehicles.
Estimates from Cox Automotive call for electric vehicle market share to increase in 2024, hitting a potential 2024 in what is being called "the year of more" for electric vehicles, with more new products, more EV incentives, more leasing, more EV infrastructure and more inventory.
Here's a look at the top 10 bestselling electric vehicles in ...