In Q1 2025, Tesla maintained its dominance in the U.S. electric vehicle market, selling 128,100 units despite a year-over-year decline. Ford captured the second position with a notable sales increase. The overall EV market saw an 11.4% year-over-year growth with 296,227 units sold, representing around 7.5% of new vehicle sales. GM's Chevrolet brand stood out with a remarkable 114.2% increase in sales compared to Q1 2024. Analysts caution that the growth trajectory may face challenges ahead.
Tesla outsold the next top 10 brand names combined in Q1 with 128,100 units, though sales declined 8.6 percent year over year for the brand.
The year certainly started strong, but the road ahead will be anything but smooth,” said Valdez Streaty, Cox Automotive analyst.
GM's Chevrolet brand saw a 114.2 percent increase in sales from the first quarter of 2024 with 19,186, as led by the Chevy Equinox EV.
The report estimated 296,227 EVs sold overall, marking an 11.4 percent increase year over year, and bringing new-vehicle EV sales to around 7.5 percent of the market.
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