In May 2024, all-electric car sales in the United States continued to increase slightly, with another six-digit number of first registrations.
All-electric car sales in the United States continued to increase slightly in May, with another six-digit number of registrations. However, Tesla did not contribute to the growth because its sales decreased year-over-year for the fourth consecutive month. According to S&P Global Mobility's data via Automotive News, battery-electric cars noted 104,916 new registrations in May, 9.6% more than a year ago. Because the overall market was down by 0.7% year-over-year to nearly 1.
For the first time in years, non-Tesla EV registrations outpaced Tesla, taking more than 50% of the EV segment. BEV registrations in January-May 2024: Tesla : 231,865 Non-Tesla : 239,156 Total: 471,021 and 7.2% market share Tesla remains the number one brand in the EV segment. However, some of the other brands are quickly expanding. According to the report, Kia's EV registrations increased by 146% year-over-year. Rivian and Nissan both grew by 87%, while Hyundai grew by 40%.
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