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Elon Musk's Tesla Dominates US EV Market With 3 Of Top 5 Best-Selling Models In Q3
- by Benzinga.com
- Oct 16, 2024
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![Elon Musk's Tesla Dominates US EV Market With 3 Of Top 5 Best-Selling Models In Q3](https://elonmuskvision.com/public/uploads/all/e5e99e4e7cd40f3c2f2ac3d0d622c08b.jpg)
October 16, 2024 7:21 AM
| 2 min read stopped production late last year, the Genesis G80, and the Mercedes E-Sprinter.
Only 30 units of the Mercedes E-Sprinter were sold through the quarter.
The Runners Up: While Tesla was the best-selling EV brand in the quarter, GM took the position of the second best-selling EV maker in the U.S. with 32,095 units sold, thanks to strong sales from three of its core brands- Cadillac, Chevrolet, and GMC. GMC’s EV sales, in fact, jumped by about 300% to 4,692 units, thanks to the rise in sales of its Hummer EV.
Korean automaker Hyundai Motor Group holds the third position with 29,609 units sold in the U.S.
Altogether, 346,309 BEVs were sold in Q3 2024 in the U.S., a 5% increase from Q2, and EV share of sales hit 8.9%, according to KBB.
Check out more of Benzinga's Future Of Mobility coverage by following this link.
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