Meanwhile, Ford and Hyundai Motor Group are battling for second place within the EV horse race.
Through July, the Ford model got here in second with 27,817 registrations, powered by the Mustang Mach-E, which soared 64 p.c.
The arrival of the F-150 Lightning will drive the Blue Oval’s momentum within the second half of the 12 months.
The battery-powered pickup had 2,679 registrations as of July, Experian mentioned.
Hyundai Motor Group represents a formidable new competitor, because it has ambitions to carry 4 new EVs to the U.S. by the top of subsequent 12 months.
The Hyundai model’s Ioniq 5 crossover, with 15,322 new registrations, accounted for 3.9 p.c share of the U.S. EV market by way of July, the final full month earlier than its EVs turned ineligible for federal subisides. And after simply six months in the marketplace, the Kia EV6 captured 3.5 p.c share, with 13,862 new registrations.
Hyundai took a web page out of its historic playbook to supply premium options at mainstream costs for its EVs, mentioned Ed Kim, president of AutoPacific.
The Ioniq 5 and EV6 function 800-volt electrical architectures that permit for among the business’s quickest DC charging occasions.
“The latest Hyundai Motor Group EVs are some of the most competitive EVs in the marketplace right now that offer a combination of appealing EV features at reasonable price points that demonstrate just how serious the Korean automaker is about electrification,” Kim mentioned.
Brands shedding floor within the EV race this 12 months embrace Chevrolet, which noticed a 53 p.c dive to 10,923 new registrations by way of July, whereas Volkswagen had a 16 p.c decline to 7,065 new registrations. Porsche can also be shedding floor, dropping 19 p.c to 4,917 new registrations, whereas Jaguar had a 65 p.c droop to 279.
Source: www.autonews.com