Tesla Still Dominates US Electric Car Registrations
Electric vehicles from startups and traditional automakers alike were popular last year, and while the products appear to still be growing, a new data set shows that the market may be cooling for some EV brands. Notably, however,
remained the dominant EV leader in the first five months of the year, driving around half of the market’s registration growth.Registration data from Experian shows that the EV market is slowing down for some of last year’s best-sellers, including vehicles from Ford, Kia and Lucid, as reports. Although EV registrations reached 447,517 between January and May for an increase of about 68 percent, roughly half of that surge came from Tesla purchases.the Ford Mustang Mach-E. The Mach-E is considered a competitor to the Tesla Model Y
, both of which fall within the electric SUV segment. In 2022, Mach-E registrations increased by about 50 percent from the prior year, for a total of 38,469. Between January and May 2023, however, Mach-E sales slid by 29 percent for just 10,948 units. The Mustang Mach-E’s drop this year came amidst sweeping price reductions from Tesla, which included the Model Y. Crucially, all available trims of the Tesla Model Y are eligible for the $7,500 federal tax credit, while the Mach-E only qualifies for the reduced amount of $3,750. Still, individual buyers may also be affected by other credit eligibility constraints such as income limits.
Argentina Últimas Noticias, Argentina Titulares
Similar News:También puedes leer noticias similares a ésta que hemos recopilado de otras fuentes de noticias.
Lion Electric opening electric vehicle plant in Channahon FridayA plant opening today in the southwest suburbs is expected to drive the economy.
Leer más »
Lion Electric opens electric vehicle plant in Channahon FridayA plant opening today in the southwest suburbs is expected to drive the economy.
Leer más »
Lion Electric opens electric vehicle plant in ChannahonA plant opening Friday in the southwest suburbs is expected to drive the economy.
Leer más »
These two EV companies are miles ahead of the pack. Yes, Tesla is one of them.OPINION: Tesla is one of the only auto companies that is actually earning significant profits from EV sales.
Leer más »
Women’s World Cup: Canada stumbles, Spain dominates, Philippines debuts on Day 2Nigerian goalkeeper Chiamaka Nnadozie stymied Canadian legend Christine Sinclair to preserve a scoreless draw.
Leer más »