US: All-Electric Car Sales Increased In Q1 2023: 257,000 Registrations via insideevs.com
All-electric car sales in the United States continue to increase at a healthy rate, noticeably outpacing the general car market., the total number of BEV registrations during the first three months of 2023 amounted to 257,507, which is 63 percent more than a year ago and about 7 percent of the total market .Registration data lags behind sales/deliveries, by at least several weeks, but can be used as a proxy of sales, especially because not all sales numbers are publicly available .
Tesla noted 155,360 new registrations in the January-March period, which translated into about 60 percent share out of the total BEV segment. Those are great results, although a year ago, Tesla's share was nearly 72 percent. This allowed us to calculate that non-Tesla BEV registrations amounted to 102,147 and 40 percent share, compared to over 28 percent in Q1 2022.Total: 257,507 and 7% market share
The market is clearly evolving and maturing, which means that consumers will have a broader choice of brands and models. An interesting finding is which brands expanded their market share in Q1, compared to the previous year. Those brands were Chevrolet, Ford, Volkswagen, Rivian, Mercedes-Benz, and BMW. Meanwhile, Tesla, Hyundai, Kia, Audi, Nissan, and Polestar were down.
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