Automotive Industry: Current State of EV Sales: Difference between revisions

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=== U.S Market ===
=== U.S Market ===
According S&P Global data compiled between January 2022 and January 2023, Tesla market share has been declining while that of its competitors is growing<ref>https://finance.yahoo.com/news/tesla-losing-ev-dominance-151234275.html</ref>. Here is a summary of the findings.
According S&P Global data compiled between January 2022 and January 2023, Tesla U.S market share has been declining while that of its competitors is growing<ref>https://finance.yahoo.com/news/tesla-losing-ev-dominance-151234275.html</ref>. Here is a summary of the findings.


* Tesla market share declined to 54% from 72%.
* Tesla market share declined to 54% from 72%.
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* Volkswagen's market share grew from 4.2% to 6.0%.
* Volkswagen's market share grew from 4.2% to 6.0%.
* Hyundai market share declined to 5.4% from 7.8%.[[File:EV competition 1.png|thumb|683x683px|Source: Yahoo Finance]]
* Hyundai market share declined to 5.4% from 7.8%.[[File:EV competition 1.png|thumb|683x683px|Source: Yahoo Finance]]


=== China Market ===
=== China Market ===