The top 10 EV models growing in popularity: Tesla Model Y takes the top spot
Hi Larry, A new study into EV Ownership has revealed the top 10 models growing in popularity, with The Tesla Model Y taking the top spot. To determine which US residents are leading the way toward the EV revolution, FINN <https://www.finn.com/en-US> looked at the most common demographics interested in owning an electric vehicle, along with the most popular states for EV adoption and EV market share projections. Please view the full study here: https://www.finn.com/en-US/campaign/electric-vehicle-ownership-report EV Models Growing in Popularity in the US: Total number of EV sales Rank EV Model 2022 2023 Change in number of EV sales 1 Tesla Model Y 191,451 296,059 104,608 2 Chevy Bolt EV/EUV 22,012 49,494 27,482 3 Rivian R1S 354 16,540 16,186 4 VW ID.4 11,072 27,155 16,083 5 BMW i4 5,321 17,181 11,860 6 Tesla Model 3 156,357 166,042 9,685 7 BMW iX 3,155 12,027 8,872 8 Audi Q4 e-tron 1,092 7,952 6,860 9 Hyundai Ioniq5 18,492 25,306 6,814 10 Mercedes EQS 6,028 12,720 6,692 Tesla Model Y is the EV dominating the US market, having sold 104,608 more electric vehicles by Q3 of 2023 compared to 2022. With sales growing by popular demand, the Tesla Model Y accounts for approximately 34% of all EV sales6, making it the best-selling electric car in the United States. Interestingly, Chevy Bolt’s EV models have increased in popularity as sales more than doubled by Q3 of 2023. Starting at the retail price of $26,500, the Chevy Bolt is described as America’s most affordable EV; hence, it's no surprise it has seen such massive growth over the last year. Said to have experienced explosive growth in the US EV market, the Rivian R1S sold over 16,000 more EVs by its third quarter of 2023 than in the whole of 2022. Described as one of the most successful electric vehicle startups in the US, the Irvine, California-based manufacturer has set its starting price for the R1S to $78,000 for its 2023 model. Further findings: - California is the state with the highest rate of EV adoption, with an average of 25.02 EVs per 1,000 vehicles registered. A leader in the EV space, California has been paving the way toward the EV revolution longer than any other US state. - Oklahoma tops the list for the highest increase in EV registrations. Electric vehicles rose by almost 130% in the southern states, going from just over 7,000 registrations in 2021 to 16,300. - Massachusetts has the highest adoption of public EV charging stations, with approximately 85.39 per 1,000 square kilometers. By 2030, the Northeastern state will need approximately 10,000 fast chargers to meet its projected demands of nearly one million EVs on its roads.2 Please view the full study again by clicking here <https://www.finn.com/en-US/campaign/electric-vehicle-ownership-report>. I have also attached a Dropbox folder with relevant campaign imagery for you here. <https://www.dropbox.com/t/cegz86LLsqUGSl6W> Feel free to drop me a line if you have any questions or thoughts on this study. Thanks, Alex Alex Minion Digital PR Strategist E: alex@digitaloft.co.uk