Ford slipped from second to fifth in the U.S. EV charts, while GM and VW made big gains in the first half of 2023 car auto cars
without a single vehicle that can offer U.S. tax credits to buyers. However, its vehicles do qualify for credits when they’re being leased, which has pushed its leasing rate up from two percent all the way to 30 percent.
Despite slipping behind the Korean brands in the standings, GM managed to sell 36,322 passenger EVs between January and June 2023. Although that means that it is behind Hyundai-Kia, it is an impressive 365 percent increase over the same period a year earlier.by 114 percent so far this year to reach a total of 26,538, and Ford, whose sales increased by 12 percent to reach 25,709.
Although its sales are increasing, its performance has suffered as, in 2022, Ford was the second-biggest EV manufacturer in America. The company is convinced that now that the facility that produces the all-electric Mustang Mach-E has been retooled, its sales will grow even more. Tesla also lost some ground to its competitors, despite its strong position. Thanks to increasing sales at legacy automakers, its share of the U.S. EV market has fallen from 60 percent in 2022 to around 50 percent so far this year.
However, among all other automakers, just five control more than one percent of the EV market in America. The biggest controls just four percent, as compared to Tesla’s 50, meaning that it is unlikely to be sweating yet.
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