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  • Writer's picturepinny shisgal

US BEV adoption in the First half of 2023 was 7.3% - on pace to 80% by 2028 or 2029

Updated: Sep 21, 2023



07.18.23

First Half of 2023, this is the US BEV market:

Tesla - 337k
Hyundai Group - 38.5k
GM - 36.3k
VW - 26.5k
Ford - 25.7k
Rivian - 20.6k
Mercedes - 19.2k
BMW - 18k
Nissan - 9.4k
Volvo - 7k est
Polestar - 5k est
Porsche - 3.2k
Lucid - 2.8k

Total BEV sold in US in first half of 2023 
- 550k est, 7.3% BEV Adoption, up above 50% from 355k, 4.6% in first half of 2022.

This is 59% YoY. at this rate or even just 50%, The US BEV Aoption will hit 80% by 2028 or 2029, 1 year or so after Europe, 2 years or so after China.

Total cars sold in the US in First half of 2023, 7.56m.

GM delivered 691,978 vehicles in the U.S, up 19% year over year and up 15% from the 603,208 vehicles sold in Q1.

GM sold 15,652 BEV's in Q2. That was down from 20,670 EVs in Q1. 
GM sold in US - 1.3m Ytd, 36.3k BEV, 2.8% BEV Adoption.

- Bolt - 14300, down 27% from 19700 in Q1.
- Cadillac lyriq - 1,348, up 39% from 968 in Q1. 
- Hummer EV - 47 up from 2 in Q1.

Ford sold in the U.S 531,662 vehicles in Q2, up 10% year over year and 12% more than the 475,906 vehicles sold in Q1.

In Q2, Ford sold 14,843 all-electric or battery electric vehicles (BEVs). That was up almost 37% from 10,866 in Q1.
Ford sold in the US - 952k Ytd, 25.7k BEV, 2.7% BEV Adoption.

F-150 Lightning - 4660, rising just 4% from Q1. 
Mustang Mach-E - 8,633 SUVs, up almost 60% from Q1, due to shut down in Q1.
E-Transit vans - 1744 up from 626 in Q1, due to shut down in Q1.

Mercedes sold in Q2 in US
77.3k cars
12k BEV - 15.4% BEV Adoption.

Mercedes Total Ytd in US
139k cars 
19.3k BEV- 13.9% BEV Adoption.

Hyundai Group sold in the US Ytd 
- 820k cars, 38.5k BEV, 4.7% BEV Adoption.

#TSLA #Tesla #Ford #GM #adoption #BEV

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