Q1 2025 Update: Preliminary sales and market share numbers are here. See the latest U.S. EV market share estimates below as we await final numbers.
As electric cars, trucks and SUVs continue to enter the mainstream in 2025, the tug-of-war between EV startups and legacy giants is heating up. Will Tesla hold its lead, or will Ford, General Motors and the rest catch up? Bookmark this page for the latest quarterly and monthly sales and market share updates for electric vehicles in the United States.
Q1 2025 EV sales numbers showed the strength of the U.S. electric vehicle market during the slowest months of the year for car buying. Here are some standouts that got our attention:
- U.S. EV market share was 7.5% in Q1 2025, up year-over-year but down from 8.7% the previous quarter.
- EV sales volume was up 11.4% year-over-year, totaling 294,250 sales in the first quarter.
- Tesla’s U.S. EV market share held steady at 43.4%, but sales are down 9% year-over-year.
- General Motors doubled EV sales since Q1 2024, while Ford’s EV sales were up slightly.
- Stellantis, Honda, and Volkswagen Group gained EV market share in the first quarter as new models began to sell in volume.
In the first quarter of 2025, battery electric vehicle market share reached 7.5% of all new car sales in the United States. This is up from 7.0% EV market share in Q1 2024, but down from 8.7% in Q4 2024. In terms of total sales volume, battery electric vehicle sales were up 11.4% year-over-year according to Cox Automotive.
Q1 2025 EV Sales Totals
Here’s how U.S. EV sales totals in Q1 2025 compare to the past three years:
| Automaker | Q1 2022 | Q2 2022 | Q3 2022 | Q4 2022 | Q1 2023 | Q2 2023 | Q3 2023 | Q4 2023 | Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tesla (estimate) | 129,743 | 130,047 | 114,000 | 131,574 | 161,630 | 175,262 | 156,621 | 161,375 | 140,187 | 164,264 | 166,923 | 154,900 | 128,100 |
| Ford Motor Company | 6,734 | 15,273 | 18,257 | 20,339 | 10,866 | 14,843 | 20,962 | 25,937 | 20,223 | 23,957 | 23,509 | 30,176 | 22,550 |
| General Motors | 457 | 7,217 | 15,156 | 16,150 | 20,670 | 15,652 | 20,057 | 19,469 | 16,169 | 21,930 | 32,095 | 43,982 | 31,887 |
| Honda Motor Co | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1,873 | 15,291 | 18,838 | 14,374 |
| Nissan | 4,371 | 3,251 | 1,276 | 3,308 | 5,214 | 4,215 | 6,074 | 5,113 | 5,284 | 7,128 | 10,066 | 8,546 | 6,471 |
| Volkswagen Group | 7,932 | 8,961 | 11,893 | 15,193 | 15,723 | 13,977 | 20,295 | 20,403 | 13,806 | 11,904 | 11,900 | 9,755 | 19,827 |
| Hyundai Group (incl. Kia) | 15,480 | 17,979 | 9,796 | 9,641 | 14,346 | 21,696 | 30,757 | 25,447 | 22,936 | 37,044 | 29,609 | 39,649 | 22,995 |
| Subaru | 0 | 0 | 0 | 919 | 1,359 | 1,613 | 2,791 | 3,109 | 1,147 | 4,238 | 3,752 | 3,310 | 3,131 |
| Toyota Motor N.A. | 0 | 0 | 240 | 985 | 1,840 | 2,893 | 4,221 | 5,718 | 3,500 | 11,607 | 6,851 | 6,309 | 7,064 |
| Mercedes-Benz | 2,091 | 1,959 | 2,717 | 5,656 | 5,053 | 9,029 | 10,423 | 10,767 | 12,250 | 9,270 | 9,447 | 3,763 | 3,472 |
| Mazda | 0 | 0 | 0 | 324 | 15 | 51 | 34 | 0 | 0 | 0 | 0 | 0 | 0 |
| BMW Group | 1,171 | 1,082 | 4,337 | 7,099 | 6,585 | 11,990 | 13,594 | 15,364 | 11,455 | 14,081 | 13,028 | 13,876 | 14,234 |
| Jaguar | 0 | 114 | 0 | 298 | 8 | 80 | 86 | 78 | 256 | 1,188 | 779 | 763 | 381 |
| Stellantis | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 204 | 235 | 531 | 4,990 |
| Volvo-Polestar | 3,092 | 4,518 | 3,510 | 5,616 | 5,228 | 7,608 | 7,797 | 6,531 | 3,279 | 2,285 | 3,913 | 3,028 | 2,718 |
| Rivian | 1,227 | 4,467 | 6,584 | 8,054 | 7,946 | 12,640 | 15,564 | 13,553 | 13,588 | 13,790 | 10,018 | 8,503 | 8,640 |
| Lucid (estimate) | 460 | 482 | 1,398 | 1,060 | 1,368 | 1,659 | 1,618 | 1,512 | 1,967 | 1,855 | 2,781 | 3,099 | 2,400 |
| Vinfast | - | - | - | - | 110 | 740 | 1,159 | 1,120 | 927 | 1,225 | N/A | 1,800 | 525 |
| Additional EV Models | - | - | - | - | - | - | - | - | - | - | - | - | 5,930 |
| TOTAL US EV sales | 173,561 | 196,788 | 188,924 | 226,789 | 258,882 | 295,355 | 313,086 | 317,168 | 268,909 | 330,463 | 346,309 | 348,879 | 296,227 |
Data source: Cox Automotive
| Automaker | Q1 2022 | Q2 2022 | Q3 2022 | Q4 2022 | Q1 2023 | Q2 2023 | Q3 2023 | Q4 2023 | Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tesla | 74.8 | 66.1 | 60.3 | 58.0 | 62.4 | 59.3 | 50.0 | 50.9 | 52.1 | 49.7 | 48.2 | 44.4 | 43.5 |
| Ford | 4.4 | 7.8 | 9.7 | 9.0 | 4.2 | 5.0 | 6.7 | 8.2 | 7.5 | 7.2 | 8.6 | 8.7 | 7.7 |
| General Motors | 0.3 | 3.7 | 8.0 | 7.2 | 8.0 | 5.3 | 6.1 | 6.1 | 6.0 | 6.6 | 9.3 | 12.6 | 10.8 |
| Honda Motor Co | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.5 | 4.4 | 5.4 | 4.8 |
| Nissan | 2.5 | 1.7 | 0.7 | 1.5 | 2.0 | 1.4 | 1.9 | 1.6 | 2.0 | 2.2 | 2.9 | 2.5 | 2.2 |
| Volkswagen Group | 4.6 | 4.6 | 6.3 | 6.7 | 6.1 | 4.8 | 6.5 | 6.4 | 5.1 | 3.6 | 3.4 | 2.8 | 6.7 |
| Hyundai Motor Group (incl. Kia) | 8.9 | 9.1 | 5.2 | 4.3 | 5.6 | 7.3 | 9.9 | 8.0 | 8.5 | 11.2 | 6.8 | 11.4 | 7.8 |
| Mercedes-Benz | 1.2 | 1.0 | 1.4 | 2.5 | 2.0 | 3.1 | 3.3 | 3.4 | 4.6 | 2.8 | 2.7 | 1.2 | 1.2 |
| Mazda | 0.1 | 0.1 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
| Toyota Motor N.A. | 0.0 | 0.0 | 0.0 | 0.4 | 0.7 | 1.0 | 1.3 | 1.8 | 1.3 | 3.5 | 2.0 | 1.8 | 2.4 |
| Subaru | 0.0 | 0.0 | 0.0 | 0.4 | 0.5 | 0.5 | 0.9 | 1.0 | 0.4 | 1.3 | 1.1 | 1.0 | 1.1 |
| BMW | 0.7 | 0.5 | 2.3 | 3.1 | 2.5 | 3.9 | 4.2 | 4.8 | 4.3 | 4.3 | 3.8 | 4.0 | 4.8 |
| Stellantis | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.1 | 1.7 |
| Jaguar | 0.1 | 0.1 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.4 | 0.2 | 0.2 | 0.1 |
| Rivian | 0.7 | 2.3 | 3.5 | 3.1 | 3.1 | 4.3 | 5.0 | 4.3 | 5.1 | 4.2 | 2.9 | 2.4 | 2.9 |
| Lucid | 0.3 | 0.2 | 0.7 | 0.5 | 0.5 | 0.6 | 0.5 | 0.5 | 0.7 | 0.6 | 0.8 | 0.9 | 0.8 |
| Vinfast | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.3 | 0.4 | 0.4 | 0.3 | 0.3 | 0.0 | 0.5 | 0.1 |
| Volvo/Polestar | 1.9 | 2.3 | 1.9 | 1.6 | 2.0 | 2.6 | 2.5 | 2.1 | 1.2 | 0.7 | 1.1 | 0.9 | 1.0 |
| Other EV Sales | - | - | - | - | - | - | - | - | - | - | - | - | 2.0 |
Data source: Cox Automotive
In Q1 2025, Tesla is down to 43.5% of EV market share in America. Tesla remains the dominant player in an increasingly crowded field. According to analyses by Cox Automotive, Tesla sales accounted for 49% of all EVs sold in the US in 2024, down from 55% in 2023, and 62% in 2022. At the start of the year in Q1 2022, Tesla had a 75% EV market share in America.
Ford, GM, and Hyundai Motor Group continue to fight for second place. Hyundai and Kia EV sales soared in 2024. Last year, Ford’s EV sales were overtaken by GM somewhat unexpectedly. GM launched the successful Equinox EV and Blazer EV in 2024. However, the Silverado EV and Sierra EV have not sold in the high numbers GM is hoping for.
Volkswagen Group was back on the scene in Q1 with healthy sales of the Volkswagen ID.4 and the new electric Porsche Macan.
Historical Data
| Q1 2023 | Q2 2023 | Q3 2023 | Q4 2023 | Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | |
| Battery Electric Vehicles (BEV) | 7.3% | 7.2% | 7.9% | 8.1% | 7.3% | 8.0% | 8.9% | 8.7% | 7.5% |
| Electrified (HEV, PHEV, BEV) | 14.5% | 16.0% | 17.7% | 16.0% | 17.8% | 19.1% | 21.2% | TBD | TBD |
In 2024, the US EV market share reached 8.1% of all light vehicle sales, up from 7.3% of sales in 2023. In 2022, 5.8% of the new cars Americans bought were fully electric, which was a sharp increase from 3.2% in 2021.
According to EIA.gov, Combined sales of hybrid vehicles, plug-in hybrids, and battery electric vehicles in the United States rose to 16.3% of total new light-duty vehicle sales in 2023. In 2022, hybrid, plug-in hybrid, and BEV sales were 12.9% of total sales.
Electrified powertrains continue to see rapid growth, despite less growth in the electric-only segment.
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