New
Used

What car are you interested in?

Don't worry, you can change your mind later on.

Electric Vehicle Sales and Market Share (US – Q1 2025 Updates)

Key Takeaways

  • Q1 2025 EV market share numbers are here, revealing a clear picture of the market heading into spring buying season.
  • General Motors, Ford, and Hyundai Group are closing in on Tesla in U.S. EV sales.
  • Toyota, Mazda, and Stellantis remain far behind the EV industry leaders.
EV market share 2025 update

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 Electric Vehicle Market Share and Sales (U.S.)

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:

AutomakerQ1 2022Q2 2022Q3 2022Q4 2022Q1 2023Q2 2023Q3 2023Q4 2023Q1 2024Q2 2024Q3 2024Q4 2024Q1 2025
Tesla (estimate)129,743130,047114,000131,574161,630175,262156,621161,375140,187164,264166,923154,900128,100
Ford Motor Company6,73415,27318,25720,33910,86614,84320,96225,93720,22323,95723,50930,17622,550
General Motors4577,21715,15616,15020,67015,65220,05719,46916,16921,93032,09543,98231,887
Honda Motor Co0000000001,87315,29118,83814,374
Nissan4,3713,2511,2763,3085,2144,2156,0745,1135,2847,12810,0668,5466,471
Volkswagen Group7,9328,96111,89315,19315,72313,97720,29520,40313,80611,90411,9009,75519,827
Hyundai Group (incl. Kia)15,48017,9799,7969,64114,34621,69630,75725,44722,93637,04429,60939,64922,995
Subaru0009191,3591,6132,7913,1091,1474,2383,7523,3103,131
Toyota Motor N.A.002409851,8402,8934,2215,7183,50011,6076,8516,3097,064
Mercedes-Benz2,0911,9592,7175,6565,0539,02910,42310,76712,2509,2709,4473,7633,472
Mazda000324155134000000
BMW Group1,1711,0824,3377,0996,58511,99013,59415,36411,45514,08113,02813,87614,234
Jaguar0114029888086782561,188779763381
Stellantis0000000002042355314,990
Volvo-Polestar3,0924,5183,5105,6165,2287,6087,7976,5313,2792,2853,9133,0282,718
Rivian1,2274,4676,5848,0547,94612,64015,56413,55313,58813,79010,0188,5038,640
Lucid (estimate)4604821,3981,0601,3681,6591,6181,5121,9671,8552,7813,0992,400
Vinfast----1107401,1591,1209271,225N/A1,800525
Additional EV Models------------5,930
TOTAL US EV sales173,561196,788188,924226,789258,882295,355313,086317,168268,909330,463346,309348,879296,227

Data source: Cox Automotive

% EV Market Share By Brand (U.S.)

AutomakerQ1 2022Q2 2022Q3 2022Q4 2022Q1 2023Q2 2023Q3 2023Q4 2023Q1 2024Q2 2024Q3 2024Q4 2024Q1 2025
Tesla74.866.160.358.062.459.350.050.952.149.748.244.443.5
Ford4.47.89.79.04.25.06.78.27.57.28.68.77.7
General Motors0.33.78.07.28.05.36.16.16.06.69.312.610.8
Honda Motor Co0.00.00.00.00.00.00.00.00.00.54.45.44.8
Nissan2.51.70.71.52.01.41.91.62.02.22.92.52.2
Volkswagen Group4.64.66.36.76.14.86.56.45.13.63.42.86.7
Hyundai Motor Group (incl. Kia)8.99.15.24.35.67.39.98.08.511.26.811.47.8
Mercedes-Benz1.21.01.42.52.03.13.33.44.62.82.71.21.2
Mazda0.10.10.00.00.00.00.00.00.00.00.00.00.0
Toyota Motor N.A.0.00.00.00.40.71.01.31.81.33.52.01.82.4
Subaru0.00.00.00.40.50.50.91.00.41.31.11.01.1
BMW0.70.52.33.12.53.94.24.84.34.33.84.04.8
Stellantis0.00.00.00.00.00.00.00.00.00.00.00.11.7
Jaguar0.10.10.00.00.00.00.00.00.00.40.20.20.1
Rivian0.72.33.53.13.14.35.04.35.14.22.92.42.9
Lucid0.30.20.70.50.50.60.50.50.70.60.80.90.8
Vinfast0.00.00.00.00.00.30.40.40.30.30.00.50.1
Volvo/Polestar1.92.31.91.62.02.62.52.11.20.71.10.91.0
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 2023Q2 2023Q3 2023Q4 2023Q1 2024Q2 2024Q3 2024Q4 2024Q1 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%TBDTBD

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.

Electric vehicle market share over time 2010 - 2024

Electrified powertrains continue to see rapid growth, despite less growth in the electric-only segment.

Get the most when you sell your car.

Compare and choose multiple offers in minutes:

Save time and skip dealership!

Our concierge service can find any car for you.


Want to do it yourself?

Try Insights. Data and tools to help you research.


Last updated Apr 17, 2025

0 Comments

Submit a Comment

Your email address will not be published. Required fields are marked *