EV Sales Rise to 7.2% of US Auto Sales, Tesla Holds 4.3% Market Share
EV Sales Rise to 7.2% of US Auto Sales, Tesla 4.3% of Auto Sales
Main Ideas:
Full electric vehicle (EV) sales in the US reached 7.2% of total auto sales in 2021.
Tesla accounted for 4.3% of all auto sales in the US in 2021.
In 2019, full electric vehicle sales were only 1.4% of US auto sales.
2020 witnessed a rise in EV sales to 1.7% of US auto sales.
Increasing consumer demand, expanded EV models, and improvements in charging infrastructure are contributing factors to the growth of EV sales in the US.
Author's take:
The US is experiencing a steady increase in the adoption of electric vehicles, with 7.2% of auto sales being electric in 2021. Tesla continues to dominate the EV market, accounting for 4.3% of all auto sales in the US. This growth in EV sales can be attributed to factors su...