Join every day information updates from CleanTechnica on e mail. Or observe us on Google Information!

The US electrical automobile market continues to develop — regardless of many headlines implying the opposite. Within the 4th quarter, gross sales of full battery-electric automobiles (BEVs) have been up 29% in comparison with gross sales within the 4th quarter of 2022. In comparison with the 4th quarter of 2021, gross sales have been up 122%.

The market continues to diversify as effectively, with extra electrical fashions becoming a member of the market each quarter. In actual fact, each quarter up to now two years — since This autumn 2021 — has included at the very least one new BEV mannequin.

Naturally, although, some are far more fashionable than others, and regardless of all of this progress and enlargement, Tesla continues to carry true dominance over the market. Within the 4th quarter of 2023, Tesla accounted for 56% of all BEV gross sales within the nation.

The mannequin that has been greatest progress driver up to now few years — by far — has been the Tesla Mannequin Y. After that, the Chevy Bolt, the Ford F-150 Lightning, Rivian’s fashions, the Hyundai IONIQ 5, and the Volkswagen ID.4 have been large progress drivers. If you happen to add the amount gross sales progress of all of these fashions collectively for the 4th quarter of 2023 in comparison with the 4th quarter of 2021, they contributed barely extra quantity progress than the Mannequin Y.

If you happen to take a look at model share of the US EV market within the 4th quarter, it’s certainly Ford, Rivian, Mercedes, Chevy, Hyundai, and Volkswagen that observe Tesla because the main manufacturers out there, in that order. Taking a look at auto teams as a substitute, the leaders are Tesla, Ford, GM, Volkswagen Group, Hyundai–Kia, Rivian, and Mercedes — in that order.

Trying on the large image over the previous 4 years within the 4th quarter, you may see how gross sales have grown and grown and grown, whether or not these are total BEV gross sales, Tesla gross sales, or non-Tesla BEV gross sales.

Zooming in a bit at mannequin adjustments 12 months over 12 months within the 4th quarter, we are able to see that the Cadillac LYRIQ and Hummer EV had phenomenal progress in share phrases, however that was as a result of them ranging from tiny quantities in This autumn 2022.

If you happen to take away these two fashions, you may get a greater take a look at the change within the different fashions. The Mercedes EQB, which has been ramping up quarter after quarter because it hit the market in Q3 2023, grew a powerful 446%. The Subaru Solterra additionally had sturdy progress, but it surely arrived in the marketplace in This autumn 2023, in order that’s to be anticipated. Although, just like the EQB, it has ramped up gross sales each quarter because it was launched. General, that’s the story — a number of new EV fashions have been getting launched after which have been ramping up gross sales. That’s an enormous a part of why the market has been rising the way it has.

Going again one 12 months additional, we have now the same problem as above with the Hummer EV, however then additionally with the Chevy Bolt and Hyundai IONIQ 5 — they have been ranging from such small gross sales quarters that progress was huge in quantity phrases.

Reducing these three fashions out, that is what we see:

As you may see there, so few fashions have been in the marketplace simply two years in the past that we don’t have a lot to match to! The ID.4 is up properly, a number of Tesla fashions are up properly, and the Ford Mustang Mach-E is up properly. (Ignore headlines about EV gross sales drooping.) Tesla Mannequin 3 gross sales have been down barely, however a lot of that needs to be attributed to the Mannequin Y taking up and folks ready for the brand new Mannequin 3 Highland. The Porsche Taycan, sadly, took a little bit of a tumble, however, once more, I’d attribute that to a lot new competitors. And the Nissan LEAF dropped a big 68%, however actually, it’s not aggressive today. There are too many different higher choices in its worth vary.

Lastly, right here’s a chart displaying quantity adjustments:

There are a number of good fashions on the high there, but additionally noteworthy is simply how lengthy the tail of EV fashions seems. We’re lastly beginning to get a market that appears a bit of numerous. Possibly it’s not Chinese language or European ranges, but it surely’s one thing! Let’s rejoice.

For extra enjoyable, see an interactive model of one of many charts from above right here: