2022 has been the biggest year for electric vehicles in the United States on record as automakers go head to head to claim their position in the auto industry’s future. So, which automakers are winning so far? Here’s a breakdown of electric vehicle sales by EV model in the United States through the third quarter of 2022.
Electric vehicles are taking the US auto industry by storm as new models are introduced to the market, appealing to a broader market of buyers.
In the third quarter of 2022, electric vehicle sales continued to outpace their gas-powered predecessors, with a new record of over 200,000 EVs sold in three months.
EV pioneer Tesla remains the market leader, with 64% of the share, down from 66% in Q2 and 75% in Q1. The declining share was inevitable as legacy automakers look to catch Tesla’s success, racing to fill the growing demand for electric vehicles.
Despite rising prices (not just with EVs), US consumers are buying electric vehicles at a record pace. New government incentives, such as the EV tax credit provided in the Inflation Reduction Act, are expected to drive demand even higher in the next few years.
The US has now crossed 6% in total EV market share, working toward its goal of a 50% share by 2030.
Tesla electric vehicles Source: Tesla
US electric vehicle sales through Q3 2022 by make and model
Cox Automotive released its quarterly US Auto Sales Report this week. Here’s a breakdown of US electric vehicle sales by model and their current market share. A dash (-) indicates either unknown, no sales, or the EV was launched this year, and there is no comparison to 2021.
Q3 sales
YOY
Year-to-date (YTD)
YOY
Market share (YTD)
Audi e-tron
2,799
208%
10,828
38.9%
1.9%
Audi Q4 e-tron
1,112
–
1,112
–
0.2%
BMW i3
–
-100%
9
-99.3%
0%
BMW i8
–
–
5
-50%
0%
BMW iX
1,727
–
3,155
–
0.5%
Brightdrop Zevo
–
–
155
–
0%
Cadillac Lyric
36
–
36
–
0%
Chevy Bolt EV/EUV
14,709
226%
22,012
-11.3%
3.8%
Ford E-Transit
1,379
–
4,387
–
0.8%
Ford F-150 Lightning
6,464
–
8,760
–
1.5%
Ford Mustang Mach-E
10,414
–
28,089
49%
4.9%
Genesis GV60
807
–
1,040
–
0.2%
GMC Hummer EV
411
–
782
–
0.1%
Hyundai IONIQ
7
-99%
18
-99%
0%
Hyundai IONIQ 5
4,800
–
18,492
–
3.2%
Hyundai Kona
903
-56%
2,800
-48.5%
0.5%
Jaguar I-Pace
22
-90%
290
-67.2%
0.1%
Kia EV6
4,996
–
17,564
–
3.0%
Kia Niro
533
-84%
5,688
-0.5%
1.0%
Lucid Air
654
–
1,596
–
0.3%
Mazda MX-30
8
–
324
–
0.1%
Mercedes EQB
739
–
739
–
0.1%
Mercedes EQS1
1,978
–
6,028
–
1.0%
Mini Cooper
1,099
125%
2,615
113%
0.5%
Nissan Leaf
1,276
-46%
10,074
-11.7%
1.5%
Polestar 2
2,852
243%
6,548
500.2%
1.1%
Porsche Taycan
1,325
-29%
5,774
-20.1%
1.0%
Rivian EDV700
346
–
346
–
0.1%
Rivian R1S
263
–
354
–
0.1%
Rivian R1T
5,991
–
11,581
–
2.0%
Tesla Model 3
55,030
67%
156,357
94.5%
27.1%
Tesla Model S
9,171
150%
23,464
79.9%
4.1%
Tesla Model X
6,552
43%
19,542
16.4%
3.4%
Tesla Model Y
60,271
20%
191,451
50.7%
33.2%
Toyota BZ4X
–
–
232
–
0%
Volvo C40
339
–
2,138
–
0.4%
Volvo XC40
12
-99%
2,127
-45.8%
0.4%
Volkswagen ID.4
6,657
10%
11,072
-9.8%
1.9%
US electric vehicles sales by model through Q3 2022 Source: Cox Automotive EV sales report
Check out a few visuals below to give you a comprehensive overview of the US electric vehicle market so far in 2022.
US electric vehicle share by model YTD 2022US electric vehicles sales by model 2022 YTD
Electrek’s Take
As you can see, Tesla remains the clear leader in the US market. However, with several new highly anticipated EV models beginning to roll out from other brands, the market is becoming more saturated.
You may notice some electric vehicle models, like Hyundai’s IONIQ or BMW’s i3, losing momentum as automakers set their sights on better opportunities.
Meanwhile, it’s clear electric vehicles are gaining popularity in the United States as consumer preferences shift. The primary thing to watch for going forward will be production capability. As EV manufacturing picks up, automakers are racing to lock up critical battery materials necessary to build electric vehicles at scale.
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The electric construction equipment experts at XCMG just released a new, 25 ton electric crawler excavator ahead of bauma 2025 – and they have their eye on the global urban construction, mine operations, and logistical material handling markets.
UPDATE: telematics announcement.
Powered by a high-capacity 400 kWh lithium iron phosphate battery capable of delivering up to 8 hours of continuous operation, the XE215EV electric excavator promises uninterrupted operation at a lower cost of ownership and with even less downtime than its diesel counterparts.
XCMG showed off its latest electric equipment at the December 2024 bauma China, including an updated version of its of its 85-ton autonomous electric mining truck that features a fully cab-less design – meaning there isn’t even a place for an operator to sit, let alone operate. And that’s too bad, because what operator wouldn’t want to experience an electric truck putting down 1070 hp more than 16,000 lb-ft of torque!?
Easy in, easy out
XCMG battery swap crane; via Etrucks New Zealand.
The best part? All of the company’s heavy equipment assets – from excavators to terminal tractors to dump trucks and wheel loaders – all use the same 400 kWh BYD battery packs, Milwaukee tool style. That means an equipment fleet can utilize x number of vehicles with a fraction of the total battery capacity and material needs of other asset brands. That’s not just a smart use of limited materials, it’s a smarter use of energy.
“XCMG remains committed to advancing engineering technology to empower a sustainable future. Our mission is to deliver efficient, intelligent, and eco-friendly lifecycle solutions for global clients,” said Mr. Yang Dongsheng, Chairman of XCMG Group and XCMG Machinery. “Today, 19% of our product portfolio comprises green innovations under our ‘Green Mountain’ new energy line, with full electrification across all series underway.”
On today’s troubling episode of Quick Charge, we explore all the troubles befalling Tesla (and TSLA stock) in the month April – with top executives fleeing the ship, demand plummeting, sales slipping, government incentives at home and abroad under threat, and a raft of receipts brought on by an OpenAI lawsuit hitting the brand, it’s already a bad month for Elon … and there’s still 20 more days to go!
None of this even touches on the $43 million “backlogged” rebate scandal Tesla’s facing in Canada that’s being blamed for people’s negative attitudes about the brand (ha!) or the fact that neither the long-promised Roadster 2.0 or the Tesla Semi will see production anytime this year, either.
The word you’re looking for when you think of Tesla these days is, “cooked.”
New episodes of Quick Charge are recorded, usually, Monday through Thursday (and sometimes Sunday). We’ll be posting bonus audio content from time to time as well, so be sure to follow and subscribe so you don’t miss a minute of Electrek’s high-voltage daily news.
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Renewable developer Vesper Energy has cut the ribbon on Hornet Solar in Swisher County, Texas, one of the largest single-phase solar farms in the US.
As Electrek reported in January, the 600-megawatt (MW) Hornet Solar includes over 1.36 million modules covering more than 6 square miles. The project will contribute more than $100 million in new tax revenue to Swisher County and deliver 600 MWac of energy–enough to power 160,000 homes annually.
January 30, 2025: “The seamless coordination between our team and our EPC partner, Blattner, has enabled us to remain ahead of schedule and on budget while ensuring quality throughout the process,” said Juan Suarez, co-CEO of Irving-based Vesper Energy.
Hornet Solar uses bifacial solar panels mounted on a single-axis tracking system to maximize efficiency. The solar farm is connected to Oncor Electric’s transmission system within ERCOT and is contracted to provide power to four off-take partners through individual Virtual Power Purchase Agreements (VPPAs).
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The Hornet Solar project in the Texas Panhandle is on track to be fully online by spring 2025.
Texas is a utility-scale solar leader in the US, with a ranking of No. 2 and 37,713 MW currently installed. It’s projected to install 51,144 MW over the next five years and move into the No. 1 spot, according to the Solar Energy Industries Association (SEIA). The total solar investment in the state is $45.2 billion.
On January 21, the SEIA, Conservative Texans for Energy Innovation (CTEI), Advanced Power Alliance (APA), and the Texas Solar + Storage Association (TSSA) reported that existing and expected utility-scale solar, wind, and battery storage projects will contribute over $20 billion in total tax revenue – and pay Texas landowners $29.5 billion – over the projects’ lifetimes.
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Your personalized solar quotes are easy to compare online and you’ll get access to unbiased Energy Advisors to help you every step of the way. Get started here.
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