Beatrice Lang
Electric vehicles (EVs) are becoming increasingly popular in the United States, with a growing number of Americans making the switch from traditional cars. As of 2025, there are over 2.5 million electric vehicles on US roads, and this number is expected to continue rising. California leads the way with the greatest number of EV registrations, followed by Florida and Texas. In terms of sales, Tesla has been the leading manufacturer in the US electric vehicle market, but its market share decreased to below 50% in the second quarter of 2024 for the first time since 2017. Other popular EV manufacturers in the US include Ford, Chevrolet, Hyundai, and Kia.
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What You'll Learn
Electric vehicle sales in the US
The US saw 695,657 electric vehicles sold in 2021, with a significant increase in 2022, as the share of electric vehicles compared to traditional vehicles rose from 4% in 2020 to 14% by the end of 2022. Over 2.3 million electric vehicles were sold in the first quarter of 2023, representing a 25% increase over the previous year.
California had the highest number of light-duty electric vehicle registrations in 2023, with approximately 1,256,646, followed by Florida with 254,878. California accounted for approximately 35% of electric vehicles nationwide, with Florida at 7%, and Texas in third place.
In the second quarter of 2024, the US saw an increase in electric and hybrid vehicle sales. with a combined total of 18.7% of new light-duty vehicle sales, up from 17.8% in the first quarter. This increase was primarily driven by hybrid electric vehicle (HEV) sales, which rose by 30.7% year-over-year. Plug-in hybrid electric vehicle sales also increased slightly, from 1.7% to 2.0% of the total light-duty market.
Tesla has been the leading manufacturer in the US electric vehicle market, but its market share decreased to below 50% in the second quarter of 2024 for the first time since 2017. Other manufacturers gaining ground include Ford, Chevrolet, Hyundai, and Kia. Ford held the second-largest share of the electric vehicle market in the second quarter of 2024, at 8.0%, while Kia was the second most popular manufacturer overall in the US.
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Electric vehicle registrations by state
Electric vehicles (EVs) are becoming an increasingly common sight on US roads. According to the Alternative Fuels Data Center, California had the highest number of light-duty electric vehicle registrations in 2023, with approximately 1,256,646. This accounts for around 35% of electric vehicles nationwide. Florida had the second-highest number of registrations at 254,878, followed by Texas.
While California leads the way in terms of absolute numbers, it is worth noting that other states with smaller populations may have a higher proportion of electric vehicles on the road. For example, in 2024, South Korea and Japan increased their share of electric vehicles sold in the US, with South Korea accounting for 12.2% and Japan 7.2%. This indicates that there may be a growing market for electric vehicles in other states beyond California.
The Open Vehicle Registration Initiative, led by Atlas, works with states to make data on electric vehicle registrations publicly accessible. This initiative aims to provide public policy professionals with access to accurate and privacy-protected vehicle registration data, enabling the development of effective policies and programs.
The US Energy Information Administration (EIA) reports that the total share of electric vehicles sold in the US increased in the second quarter of 2024. This growth was driven primarily by hybrid electric vehicle (HEV) sales, which increased by 30.7% year-over-year. While Tesla remains the leading manufacturer in the electric vehicle market, its market share decreased to below 50% for the first time since 2017.
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Electric vehicle market share
Electric vehicles (EVs) are becoming increasingly popular in the United States, with the number of EVs on the road and market share steadily rising. As of December 31, 2023, California had the highest number of light-duty electric vehicle registrations, with approximately 1,256,646, accounting for roughly 35% of vehicles nationwide. Florida followed with 254,878, and then Texas.
In the second quarter of 2024, the share of electric and hybrid vehicle sales in the US increased to 18.7% of total new light-duty vehicle sales, up from 17.8% in the first quarter. This growth was driven primarily by a 30.7% increase in hybrid electric vehicle sales, which accounted for 9.6% of the total light-duty market in 2Q24. Plug-in hybrid electric vehicle sales also increased slightly, from 1.7% to 2.0% of the total light-duty market.
Tesla has been the leading manufacturer in the US electric vehicle market, but its market share has decreased. In 2Q24, Tesla's market share was 48.9% of the total electric vehicle market, dropping below 50% of light-duty vehicle sales for the first time since 4Q17. Other manufacturers, including legacy companies such as Ford, Chevrolet, Hyundai, and Kia, have been gaining ground. Ford held the second-largest market share in 2Q24 at 8.0%, followed by Chevrolet, which shifted its focus to new electric models after discontinuing the Bolt.
In Q4 2024, the US EV market share was 8.7%, with fully electric vehicles (BEVs) accounting for 8.1% of all light vehicle sales in 2024. Tesla's market share fell further to 44%, while General Motors reported a 50% year-over-year increase in EV sales, and Ford saw a 38% increase. The Honda Prologue, Chevrolet Equinox EV, Hyundai IONIQ 5, and Kia EV9 are among the most popular EVs from established manufacturers.
Looking ahead, Cox Automotive expects further growth in EV sales in 2025, with more new products, improved charging infrastructure, and continued incentives from automakers. They predict that EV sales will likely account for close to 10% of total sales, with one out of every four vehicles sold being electrified in some way.
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Electric vehicle manufacturers
Electric vehicles (EVs) are becoming an increasingly common sight on US roads, with California registering approximately 1,256,646 light-duty electric vehicles in 2023, and other states registering their own significant numbers. This shift towards electric and hybrid vehicles has been accompanied by a shift in manufacturers, with sales moving towards legacy carmakers such as Ford, Chevrolet, Hyundai, and Kia.
Tesla is still the leading manufacturer in the electric vehicle market, but its market share has decreased, dropping below 50% of light-duty vehicles sold in the second quarter of 2024. Ford is now the second-largest manufacturer, with 8% of sales in the electric vehicle market in 2Q24, driven by sales of the Mustang Mach-E and F-150 Lightning. Chevrolet has also shifted its sales towards its electric Blazer, Silverado, and Equinox models.
Other major manufacturers include BMW, Mercedes-Benz, and Volvo, which has four pure electric car offerings and five hybrid models. Volvo aims to make EVs 100% of its global sales by 2030 and to achieve zero emissions by 2040. Rivian and Lucid Motors are also significant players in the electric vehicle market, with Rivian offering three SUVs and a pickup truck, and Lucid Motors combining sustainability with luxury, offering smart electric vehicles with the features of traditional luxury cars.
Several manufacturers have yet to release an EV model, including Aston Martin and Ferrari, while Bentley and Bugatti have vague plans to introduce EVs in the future. Apple had been working on an EV, but the project was delayed and then pulled in 2024. However, the tech giant has been testing an autopilot chip similar to what Tesla uses, indicating a continued interest in the electric vehicle market.
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Electric vehicle sales trends
Electric vehicle sales in the US have been steadily increasing over the years, with a record-breaking year reported in 2022 despite geopolitical uncertainty, supply chain disruptions, and high energy costs. The share of electric vehicles compared to traditional vehicles increased from 4% in 2020 to 14% by the end of 2022. This growth continued in 2023, with over 2.3 million electric vehicles sold in the first quarter, representing a 25% increase over the previous year.
In the second quarter of 2024, the US share of electric and hybrid vehicle sales increased, with combined sales of hybrid vehicles, plug-in hybrids, and battery electric vehicles (BEVs) accounting for 18.7% of total new light-duty vehicle sales. This increase was primarily driven by hybrid electric vehicle (HEV) sales, which rose by 30.7% year-over-year. Plug-in hybrid electric vehicle sales also saw a slight increase from 1.7% to 2.0% of the total light-duty market.
While Tesla remains the leading manufacturer in the US electric vehicle market, its market share decreased to less than 50% of light-duty vehicles sold in the second quarter of 2024 for the first time since 2017. Other manufacturers, such as Ford, Chevrolet, Hyundai, and Kia, have been gaining traction in the electric vehicle market. Ford, with its Mustang Mach-E and F-150 Lightning models, accounted for 8.0% of sales in the electric vehicle market in the second quarter of 2024, becoming the second-largest share.
In terms of vehicle registrations, California had the highest number of light-duty electric vehicle registrations in 2023, with approximately 1,256,646, followed by Florida with 254,878. California accounted for approximately 35% of electric vehicles nationwide, with Florida and Texas as the next highest.
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Frequently asked questions
There were 695,657 electric vehicles sold in the US in 2021.
There are 2,531,206 electric vehicles on the road in the US as of 2025.
Tesla is the leading manufacturer of electric vehicles in the US, although its market share has decreased over time.
Some other popular electric vehicle brands in the US include Ford, Chevrolet, Hyundai, and Kia.
