Electric vehicle sales continue to surge in the United States and beyond, amid rising gas prices. Yet automakers are unable to keep up with demand given recent chip shortages and supply chain headwinds.
According to monthly vehicle registration data from S&P Global Mobility (formerly IHS Market), Tesla is dominating EV registrations in the United States.
Axios reports Tesla took 61% of all EVs registered in the United States in April, with the next closes being Ford at just 8%, followed by Hyundai and Kia with 6% respectively.
Tesla Model Y registrations at 14,152 were four times higher than that of Ford’s Mach-E at 3,287 in April.
California has the highest rates of EV adoption, but bigger cities in the Northeast, Florida and Texas are seeing adoption rates increasing. The Midwest is seeing limited EV adoption. San Francisco, Oakland and San Jose are showing EVs are taking 20% of car registrations by area.
By 2028, EV adoption in North America is estimated to hit 28% and 49% by 2035, according to consulting firm AlixPartners.
