EV Sales Are In And One Best Seller Took A Major Hit In Q1

EV Sales Are In And One Best Seller Took A Major Hit In Q1

Tesla retained market dominance but saw an 8.6% drop in its market share. Rivian tumbled to ninth place overall, with a sharp 37.1% drop in Q1 sales. Ford’s F-150 Lightning remained the top-selling electric truck despite a dip. Americans bought more electric vehicles in the first quarter of 2025, but it’s not just enthusiasm for clean energy that’s pushing the numbers. Sales of EVs were up 11.4% year-over-year, with some of that bump likely driv…

U.S. electric vehicle sales surge despite Tesla's decline

The U.S. electric vehicle (EV) market saw significant gains in Q1 2025, growing by 11.4% year-over-year, according to the latest data from Kelley Blue Book. Nearly 300,000 electric vehicles were sold, making up 7.5% of total new-vehicle sales, a 7% increase year-over-year. Despite market headwinds, electric vehicle sales continue to expand, though not evenly. General Motors (GM) made a major comeback after delays in 2023 and 2024. The automaker …