The U.S. electric vehicle (EV) market is experiencing significant growth, with nearly every brand seeing double or triple-digit sales increases. However, Tesla is an exception, as it is currently undergoing a product transition with new models like the Cybertruck and upgraded Model 3 and Y. In April 2024, new Tesla registrations fell 17%, marking three consecutive months of decline. Excluding Tesla, U.S. EV registrations rose 69%, according to S&P Global Mobility. Ford's EV registrations increased by 169%, Kia's by 172%, and Toyota's by 647%. The top 10 EV models for April 2024 included the Tesla Model Y with 32,922 registrations and the Tesla Model 3 with 8,912 registrations, followed by the Ford Mustang Mach-E with 5,358 registrations. Overall, electric sales were up 14%, as reported by Auto News. The Tesla Cybertruck had 2,181 registrations.
Sales data from April, collected by Automotive News, shows [] [e]lectric sales were up 14% as a whole, which is a promising number. Yet, when you take Tesla out of the equation, those numbers skyrocket: Non-Tesla EV sales grew a full 69% over the same period. New Tesla…
🇺🇸TOP 10 EV MODELS: APRIL 2024 REGISTRATIONS 1. Tesla Model Y: 32,922 2. Tesla Model 3: 8,912 3. Ford Mustang Mach-E: 5,358 4. Toyota bZ4X: 4,666 5. Hyundai Ioniq 5: 4,078 6. Rivian R1S: 2,855 7. Ford F-150 Lightning: 2,509 8. Tesla Cybertruck: 2,181 9. Kia EV6:… https://t.co/YgHafBBEvk
“Excluding Tesla from the April data, U.S. EV registrations rose 69 percent, S&P Global Mobility said” — Auto News
The growth of the US E.V. market is far greater than it appears on paper. Nearly every brand is seeing double or triple digit sales growth, except for Tesla which is going through a product transition ramping new products like Cybertruck and upgraded Model 3 and Y Because… https://t.co/25YWNqmhAp
"New $TSLA registrations fell 17% in April, marking three consecutive months in the red. Excluding Tesla from the April data, U.S. EV registrations rose 69%, S&P Global Mobility said. Ford’s EV registrations rose 169%, Kia’s were +172% and Toyota’s jumped 647%." #competition