Tesla has dominated US EV sales for the better part of the last five years, but as more and more American and European brands electrify their fleets, Tesla’s market share is slowly being chipped away.
The top 3 players in 2022, are the same top 3 players as in 2021: namely Tesla (522,388 units sold), Ford (61,575 units sold), and Chevrolet (38,120 units sold).
Ford in particular nearly tripled its annual sales, and increased its market share from 4.5% to 6.2%, while the entire EV pie grew by 62% year on year.
The State of the Electric Vehicle Revolution 2023
Global electric vehicle (EV) stock has surpassed 30 million, and China is home to over half of all the EVs on the world’s roads. 1 in 7 new cars sold last year was electric, and by 2030, we will have 138 Million EVs.
Related Videos & Podcasts
What Are the Challenges of Home EV Charging?
By Lucidity Insights Research Team • October 16, 2023EV consumers prefer to charge their EVs at home
By Lucidity Insights Research Team • October 15, 2023What do consumers around the world look for in EVs?
By Lucidity Insights Research Team • October 14, 2023Who is the World’s Largest Lithium Producer?
By Lucidity Insights Research Team • October 13, 2023Top 10 Countries with the Most EVs on the Road
By Lucidity Insights Research Team • October 13, 2023Aviation, shipping, and medium to heavy trucks are major CO2 emitters in transportation
By Lucidity Insights Research Team • October 12, 20232023 shows no signs of slowing down in EV Sales
By Lucidity Insights Research Team • October 11, 2023How do Governments Drive Electric Car Adoption Around the World?
By Lucidity Insights Research Team • October 10, 2023A Century of Explosive Growth in Global Fossil Fuel Emissions
By Lucidity Insights Research Team • October 09, 2023Operating an EV is 2.5x to 6x Cheaper than Gas-Powered Vehicles
By Lucidity Insights Research Team • October 08, 2023Did you check these out?
Kuwaiti Fintech Motery Raises $8M Valuation to Transform Car Buying in Kuwait
By Staff Writer • March 10, 2025Gozem Secures $30M Funding to Scale Transport & Digital Banking in Africa
By Staff Writer • March 03, 2025Kenya-Based, Japanese Microlender 'Hakki Africa' Secures $12.7M as It Reaches Profitability
By Staff Writer • February 15, 2025Enakl Closes $1.4M Pre-Seed Funding to Revolutionize Commutes in Africa
By Staff Writer • December 05, 2024Xiaomi Sets Ambitious Target of 130,000 EV Deliveries Amid Surging Demand
By Staff Writer • November 19, 2024MAX and PASH Global Invest $10M to Boost Nigeria's EV Infrastructure
By Press Release • November 11, 2024Kenya’s BasiGo Closes $41.5M Round to Scale E-Bus Operations
By Staff Writer • October 25, 2024Rabbit Mobility Accelerates Growth with $1.3M Funding, Eyes North Africa Expansion
By Press Release • October 16, 2024Elon Musk Says Tesla's Robotaxi to Hit Roads in 2026 with No Pedals or Steering Wheel
By Staff Writer • October 11, 2024Zeno Gears Up for Electric Revolution in East Africa with $9.5M Seed Funding
By Staff Writer • September 26, 2024Related Contents
Infobytes
MEA Proptech Market Size in 2022 - 2030 ($ Mil)
By Lucidity Insights Research Team • October 29, 2024Infobytes
Public EV Charging Point Demand vs Availability in UAE
By Lucidity Insights Research Team • September 24, 2024Infobytes
MENA Digital Advertising Market in 2023-2032
By Lucidity Insights Research Team • August 06, 2024Infobytes
Global & GCC EV Market Size 2024-2029
By Lucidity Insights Research Team • June 02, 2024Infobytes
MENA AI Market Size (2023-2033)
By Lucidity Insights Research Team • April 22, 2024News
EV Manufacturer Rivian Soars as New Electric SUVs Unveiled, Stock Jumps 13.4%
By Staff Writer • March 08, 2024Infobytes
Retail Sales Growth in the USA from 2018-2022
By Lucidity Insights Research Team • December 19, 2023Infobytes
Rise of Insurance Premiums in 2020 vs the Previous Year
By Lucidity Insights Research Team • December 08, 2023Infobytes
Comparison of EU: Public Chargers & EV Stock
By Lucidity Insights Research Team • October 20, 2023Infobytes
Norway EV Sales by Brand 2021
By Lucidity Insights Research Team • October 20, 2023