US: All-Electric Car Registrations Exceeded 458,000 Through August 2022

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US: All-Electric Car Registrations Exceeded 458,000 Through August 2022
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US: All-Electric Car Registrations Exceeded 458,000 Through August 2022 via insideevs.com

The US all-electric car market is quickly expanding and reaching noticeable levels ahead of broader mass electrification later this decade.

According to the latest registration data from Experian , during the first eight months of 2022, some 458,786 new battery-electric cars were registered in the US, which is about 56% more than a year ago. Registration data lag behind sales/deliveries, by at least several weeks, but can be used as a proxy of sales, especially because not all numbers are publicly available .

Not only that, BEVs accounted for about 5% of the total number of registrations during the period, compared to 2.6% a year ago.controls almost two-thirds of the BEV segment with almost 300,000 new registrations. Tesla increased its volume by almost 54% year-over-year. A very positive sign is that other brands also noted a quick growth rate - by 61% to 160,403 and gradually are taking more share from Tesla (35% share in the first eight months,

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