Tesla's Growth Nearly Stalls, Other EV Registrations Double In U.S.: September 2023 Sales

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Tesla's Growth Nearly Stalls, Other EV Registrations Double In U.S.: September 2023 Sales
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In September, new all-electric car registrations in the United States continued to increase, although the rate of year-over-year expansion recently decreased.

According to the registration data from Experian , the total number of battery electric car registrations during the first nine months of 2023 amounted to 852,904, which is about 61 percent more than a year ago and about 7.4 percent of the total market . Registration data lags behind sales/deliveries, by at least several weeks, but can be used as a proxy of sales, especially since not all sales numbers are publicly available .

Brands When it comes to BEV sales, Tesla remains significantly ahead of other brands . Chevrolet and Ford were the best of the rest with respectively 50,160 and 46,547 new registrations. Hyundai is also not far behind with over 40,000 units. BEV registrations in January-September 2023: Tesla: 489,454 Chevrolet: 50,160 and 5.9% share Ford: 46,547 and 5.5% share Hyundai: 40,612 and 4.8% share BMW: 31,209 and 3.7% share Rivian: 30,240 and 3.5% share Mercedes-Benz: 27,484 and 3.

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