Tesla Model 3 = 60% of US Electric Vehicle Market
Cars
Published on April 7, 2019 |
by Zachary Shahan
7. April 201[ads1]9 by Zachary Shahan
When looking at purely electric vehicle sales in the United States, there is a clear take-away – Tesla Model 3 dominates.
Tesla Model 3 has got tens of thousands more consumers per quarter to go electric than any previous electric model could.
Other electric cars have their own appealing qualities – they also attract customers. However, model 3 offers a huge combination of range, features, performance and moderate price. It will be even more true in the second quarter since the model 3's base price recently fell to the mythical $ 35,000 figure.
It's a bit unfortunate that no other electric vehicle models pick up speed to become mass market vehicles. Part of that may be because the Tesla Model 3 sucks away its potential customers, but it is also related to vehicle specifications, range, prices, retailers / sales models, and branding. (As much as Elon Musk may not like the latter term, he is a branding superhero.)
There are some electric models that are not included here, because parent car manufacturers do not report their sales – not even quarterly sales – but I hear that they would just add a sales run to the bottom of the chart.
Overall, only looking at the models in the chart, Model 3 represented 60% of sales, model S 8%, and model X 7%. That said, the two latter estimates are, since we do not actually know how the Model S versus Model X sales broke out globally (we only have their combined sales figures) and we do not know which part of those in the US. The three Tesla models account for 75% of the US electric car market if the estimates are accurate. It is up from 67% in the first quarter of 2018.
Apart from the Tesla models, Chevy Bolt held 11% of the market, Nissan LEAF 7%, and other than that, there is basically nothing to mention.
The only positive non-Tesla news in the first quarter is that LEAF saw its sales rise 5.5% and Volkswagen e-Golf so its sales increase 60%.
Other thoughts?
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About the Author
Zachary Shahan Zach is the tryin & # 39; to help the community help itself (and other species) . He spends most of his time here on CleanTechnica as his director and editor in chief. He is also the president of Important Media and the director / founder of EV Obsession and Solar Love . Zach is recognized globally as an electric vehicle, solar energy and energy storage expert. He has presented cleantech at conferences in India, the UAE, Ukraine, Poland, Germany, the Netherlands, the United States and Canada.
Zach has long-term investments in TSLA, FSLR, SPWR, SEDG, and ABB. After many years of sun and EV, he simply has a lot of faith in these companies and feels they are good cleantech companies to invest in. But he does not offer professional investment advice and will not be responsible for losing money, so hope for conclusions.
