Tesla is one of the most selling car companies in the EV market but for some days the company has to face some losses in its share market. Actually, the main reason for the losing shares is the controversy creates due to some court cases sue by the German court. There are so many buyers who want to buy the Tesla car and want to experience the functions of the car. But there are some issues created in the functions of the Tesla Model such as autopilot mode problems, safety service, chargeable functions in the car,s and bouncing price of cars.
After such things, Tesla starts losing their market shares but still the company is having hope because after declining as more electric vehicles enter the market. The company is still having a grip on the U.S market. Yes, it’s true that Tesla is still dominating in U.S EV market which may be quite relaxing news for Tesla.
According to a report Tesla is still holding 60% shares in the U.S market which is because the automakers increase U.s delivery. As we know that the U.S is the home country of Tesla and this is the biggest weapon in Tesla’s hands because of U.S is the only country that can increase or decrease the shares of any company by the way. Now the question arises what exactly is the reason that Tesla is still holding 60% shares of the U.S EV market? Actually, Tesla’s grip on the market is expected to weaken and help the U.S. market as more electric vehicle options hit, but for now, the U.S. electric vehicle market remains extremely dependent on Tesla for production and delivery.
If we talk about the Tesla vehicle accounts so in 2020 Tesla accounted for 79% of new electric vehicle registration in the U.S. In 2021 the count dropped down and becomes 67.88% and in 1st half of 2022 the graph is still going down which was 66% approximately. But that’s still impressive, with EV deliveries throughout the year increasing substantially with Tesla’s price and maintaining its balance with the 100% dominance in the U.S EV market.
I think this is a great victory for Tesla because after such a drastic decline of its shares in the EV market it still considers managing its top position in the EV market and continues itself leading. At the same time, other automakers who are making EVs have seen little increment in the U.S market and delivered 59% in the first half of the year which is very impressive I tried to appreciate.
The Tesla Model Y and Model 3 are still No. 1 and No. 2, and the Mustang Mach-E is only No. 3 despite Ford’s doubling of EV deliveries so far this year.
Here are the 10 best-selling electric cars in the U.S. so far this year:
Tesla Model Y: 103,215 units
Tesla Model 3: 97,075
Ford Mustang Mach-E: 18,399
Tesla Model S: 15,317
Tesla Model X: 13,384
Hyundai Ioniq 5: 13,200 units
Kia EV6: 12,036 units
Nissan Leaf: 7,911 units
Kia Niro EV: 6931 units
Polestar 2: 4873
Ford’s F-150 is expected to list in the top 10 soon.
Meanwhile, only 1,388 electric pickups are used and are expected to be delivered in the 1st half of 2022, not even according to registration data which was recorded in Q1 of 2022 Ford delivered another 2,200 in July alone.
But as we already tell you that Tesla Model y is the main weapon that has the top ranking in the EV list and that is why Still, Tesla is likely to manage to maintain its lead in the first half of the year, depending on how Model Y production ramps up at the Texas Gigafactory.
So that was all about in this article. As we know that Volkswagen’s electric vehicle deliveries in the U.S. are down 17 percent so far this year but are expected to pick up in the second half of the year as production of the Volkswagen ID.4 begins in Tennessee. Now the only thing we can do is hope for the best as we always do.
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