Detroit – Tesla and General Motors They lead the United States automotive industry this year in national sales record of fully electric vehicles, since consumers rushed to buy EV before up to $ 7,500 in federal incentives for each purchase that ended in September.
The new data provided to Motor Intelligence CNBC show US sales, excluding hybrids, exceeded 1 million units during the first nine months of the year and established a new quarterly record of more than 438,000 units sold during the third quarter, which achieved a market share of 10.5% for the period.
This participation in the record market has increased from 7.4% during the second quarter and 7.6% during the first three months of the year, according to Motor Intelligence. Sales of fully electrical models were estimated at 1.3 million in 2024, with a market share of approximately 8%.
It is estimated that the leader of the Ev Ev tesla industry, which does not inform sales by region, retained its leadership position with a market share of 43.1% until September, according to the data. That is less than 49% until the end of last year, since competitors continue to launch new EVs.
GM, which offers most EV models in the United States, has obtained significant profits this year. Motor Intelligence reported that the Detroit car manufacturer went from a market share of 8.7% to start 13.8% to the third quarter, exceeding the Hyundai engine, including KIA, at 8.6% until September.
Sales data occurs two days after GM estimated that it leads the US industry in the growth of EV market share so far in 2025, with the lowest incentives of any important car manufacturer. He sold 144,668 electric vehicles until September, which only represented 6.8% of its total US sales.
“No one is in a stronger position for a changing American market than GM,” said Duncan Aldred, president of GM of North America, in a statement. “We have the best ice alignment [internal combustion engine] and EV vehicles that we have had. Our brands have grown a market share with constantly strong prices and low incentives and inventory. “
Following Tesla, GM and Hyundai, motor intelligence data show Ford Motor's The EV market share was 6.6% to the third quarter, followed by Volkswagen with 5.4%; Honda engine to 4.6%; and BMW at 3.6%.
A first edition of Tesla Cybertruck and GMC Sierra Denali EV next to each other.
Michael Wayland | CNBC
Although sales increase each quarter of this year, the new EV companies Rivian Automotive and Lucid group Continue to have a relatively small EV market share. Lucid remains below 1%, while Rivian was 3% until September.
The main car manufacturers reported results of the third quarter this week that were led by EV sales. The hurry to buy electric cars was ahead of federal incentives for those vehicles that end as a result of the “Big Beutify Bill Law” of the Trump administration.
Industry analysts and executives believe that the end of the incentives will create a cycle of boom and fall for the sale of EVs in the US.
The CEO of Ford, Jim Farley, said Tuesday that “it would not be surprised” if EV sales fell from a market share of the industry around 10% to 12% in September to 5% after the end of the incentive program.
The end of EV credits for the United States occurs as the country continues to be other important cars manufacturers in the adoption of zero emission vehicles. The International Energy Agency reports that China continued to lead the adoption of EVs worldwide last year, with sales of 6.4 million fully electric vehicles, not counting hybrids, followed by Europe in 2.2 million units.
– CNBC's Phil Lebeau contributed to this report.
