Tesla continues to dominate the US electric car sales market, but the biggest story is that the US electric car market as a whole is growing strongly. In 2022, our analysis shows that BEV sales increased 65% compared to 2021. The 4th quarter of 2022 was the 7th consecutive quarter in which US BEV sales increased, with sales up 147% from Q4 2020 to Q4 2022. Tesla’s sales increased 32% in Q4 2022 compared to Q4 2021, and 43% in 2022 compared to 2021 as a whole.
However, the growth of the US BEV market is not just about Tesla. Non-Tesla BEV sales increased a whopping 269% in the 4th quarter of 2022 compared to the 4th quarter of 2021, going from 23,053 sales to 85,133 sales. This shows that the US BEV market is finally forming and that EV disruption isn’t just for China and Europe — the USA can have it too!
The media business is still a tough, cut-throat business with tiny margins. It’s a never-ending Olympic challenge to stay above water or even perhaps — gasp — grow. But with the US BEV market continuing to grow, there are more opportunities for media companies to capitalize on this trend and create content that appeals to electric car buyers. This could be a great way for media companies to stay afloat and even grow in the future.
FAQ
Q1. How electric car batteries work?
A1. Electric car batteries are typically lithium-ion batteries that store energy and power the motor. They are recharged by plugging the car into an electric outlet or charging station.
Q2. What electric car has the longest range?
A2. The Tesla Model S has the longest range of any electric car currently on the market, with a range of up to 370 miles on a single charge.
Q3. How electric car batteries are recycled?
A3. Electric car batteries are recycled by breaking them down into their component parts and then separating out the metals, plastics, and other materials for reuse. The metals are melted down and reused in new products, while the plastics and other materials are recycled into new products.
