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People purchased 67% extra electrical vehicles within the third quarter of 2022 than in the identical interval in 2021, in line with our third-quarter Electrified Mild Automobile Gross sales Report. General new automotive gross sales fell 0.1% in the identical interval.
Tesla misplaced floor within the electrical automobile (EV) gross sales race however retains an enormous lead over the sphere. Sixty-four p.c of the EVs People purchased within the third quarter had been Teslas — down from greater than 70% a yr in the past.
However the slip requires some vital context. Tesla gross sales grew all through the quarter, with the corporate dropping floor solely due to new competitors. The Tesla Mannequin Y and Mannequin 3 as soon as once more positioned first and second in EV gross sales, respectively.
Gross sales of each fashions grew year-over-year. They signify a smaller proportion of the market solely as a result of the market is rising in each course.
Each developments — the rising dimension of the EV pie and Tesla’s shrinking share of it — are prone to proceed within the fourth quarter. A number of EV fashions with excessive gross sales potential had been launched late within the third quarter and had little impact on the outcomes.
The Chevy Bolt EV and Bolt EUV (thought of one automobile for gross sales functions) got here in third, with the Ford Mustang Mach-E fourth and the Tesla Mannequin S closing out the highest 5.
Gross sales of hybrid vehicles slipped year-over-year. People purchased 206,072 hybrids within the third quarter — 16% fewer than a yr in the past.
Toyota stays the dominant pressure in hybrid gross sales. Forty-seven p.c of the hybrids People purchased final quarter wore a Toyota badge.
The Toyota RAV4 Hybrid stays America’s best-selling hybrid automobile.
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