According to Experian’s 2020 vehicle registration data, Tesla’s share of the U.S. electric vehicle market was nearly 79% (up from 80% in the first half). This looks very impressive considering that 2020 was the first year that Tesla buyers did not have access to the federal tax credit for electric vehicles, making other models more competitive.
Analysts predicted Tesla’s huge market share would shrink as more electric models from other manufacturers hit the market. But contrary to the expectations of the company, Elon Musk managed to maintain its leading position at the end of 2020. Last year, a total of 200,561 Tesla vehicles were registered in the US, up 16% from 2019, when owners registered 172,438 Tesla vehicles.
The top 10 best-selling electric vehicles in the US in 2020 are as follows:
- Tesla Model 3: 95 135 units;
- Tesla Model Y: 71 344 units:
- Chevrolet Bolt EV: 19,664 units;
- Tesla Model X: 19,652 units;
- Tesla Model S: 14,430 units;
- Nissan Leaf: 8972 units;
- Audi E-tron: 7089 units;
- Porsche Taycan: 3943 units;
- Hyundai Kona EV: 2,964 units;
- Kia Niro EV: 2807 units
Electric vehicle sales in the US are up 11% in 2020. While this isn’t all that much, it’s actually not a bad result considering the overall fall in the automotive market due to the global pandemic. However, electric vehicles still account for only 1.8% of the American car market.
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