US Electric Car Market Share

Statistics for the 2023 & 2024 US Electric Car market share, created by Mordor Intelligence™ Industry Reports. US Electric Car share report includes a market forecast to 2029 and historical overview. Get a sample of this industry share analysis as a free report PDF download.

Market Share of us electric car Industry

The United States Electric Car Market is fragmented, with the top five companies occupying 23.27%. The major players in this market are AB Volvo, Chevrolet, Ford Motor Company, Hyundai Motor Company and Toyota Motor Corporation

In February 2023, Hyundai Motor America announced pricing, packaging, and 53 kWh battery pack options for its highly anticipated IONIQ 6 electric vehicle. Customers can choose from two battery pack options of 53kWh or 77.4kWh and his two motor configurations of the rear motor only or both front and rear motors for all-wheel drive.

US Electric Car Market Leaders

  1. Volkswagen

  2. Ford Motor Company

  3. Nissan Motor Corporation

  4. Chevrolet

  5. Tesla, Inc.

*Disclaimer: Major Players sorted in no particular order

US Electric Car Market Concentration

US Electric Car Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)