What Is the Percentage of Electric Cars in the U.S.?

Who has the most EV market share?

Hyundai Ioniq 5 N vs. Ford Mustang Mach-E vs. Tesla Model 3 Performance
  • written by
    edited by
  • 3/31/2025

The electric vehicle market share in the U.S. (expressed as a percentage) varies based on the metric you're looking at and your definition of an EV. If we're talking about new vehicle sales, the percentage of electric cars in the U.S. was 7.9% in February 2025, according to Edmunds sales data. This is an improvement of 6.3 percentage points from 2020. Our EV market share figure does not include plug-in hybrid vehicles (PHEVs), which we measured separately and had their own market share of 1.8% in February 2025. EVs and PHEVs combined made up 9.7% of the vehicles sold in February, which is still far from the 90.3% market share of gas-powered vehicles (including hybrids) sold in that same month.

Note: This article primarily focuses on percentages, but we have a companion article, How Many Electric Cars Are There in the U.S.?, that goes into more detail about that subject, along with sales numbers and state-by-state breakdowns of EVs on the road. 

These percentages only provide a small glimpse into the current state of the electric car market and leave a few questions unanswered. Let's examine each of these questions to understand better what's happening in the EV market.

What percentage of electric cars are on U.S. roads?

Looking at a broader perspective, in 2024, 9.2% of all new car registrations were for electric vehicles, according to an Experian Automotive report. This is an increase of 1.2 percentage points from 2023. If we fly higher to a bird' s-eye view of the roughly 292.3 million cars on the road in 2024, 1.4% of those were electric vehicles.

What is each company's EV market share?

Here are the latest EV market share percentages, from 2024 and through February 2025, according to Edmunds data. Tesla has enjoyed a comfortable lead with the highest market share over the past five years. In recent years, however, Tesla's market share has dwindled from nearly 80% in 2019 to 45.2% in February 2025 as other automakers entered the playing field and introduced more rivals for customers to choose from. Ford maintains a distant second place in market share (7%), while Chevrolet (5.5%) is in third but has made significant progress in just a few years. Volkswagen (4.2%) and Hyundai (3.8%) round out the top five currently, but these automakers could easily switch places as the year goes on.

Electric car market share by company

Make
2024
2025 (Jan-Feb)

Tesla

48.6%

45.2%

Ford

7.9%

7.0%

Chevrolet

5.4%

5.5%

Volkswagen

1.5%

4.2%

Hyundai

5.1%

3.8%

Rivian

4.0%

3.8%

Mercedes-Benz

3.6%

3.6%

Honda

2.7%

3.6%

BMW

3.0%

3.5%

Kia

4.2%

3.2%

Audi

1.6%

2.6%

Cadillac

2.4%

2.4%

Nissan

2.5%

2.2%

Toyota

1.5%

2.1%

Volvo

0.8%

1.5%

GMC

1.3%

1.5%

Subaru

1.0%

1.1%

Polestar

0.5%

0.9%

Jeep

0%

0.7%

Porsche

0.6%

0.5%

Genesis

0.5%

0.4%

Lexus

0.8%

0.4%

Lucid

0.5%

0.2%

Fiat

0.1%

0.1%

Jaguar

0.1%

0%

Ram

0%

0%

VinFast

0%

0%

Search EV tax credits and rebates in your area
See Electric Vehicle Rebates

Am I Ready for an EV?

  • EV ownership works best if you can charge at home (240V outlet)
  • Adding a home charging system is estimated to cost $1,616 in
  • Edmunds is partnering with Treehouse, an independent provider of home EV installation services. Learn more
Need to install a charger at home?
Get a free quote

What are the best-selling electric cars in the U.S. by percentage?

Although Tesla's market share has been falling, the electric carmaker still dominates the market. According to Experian Automotive, the Tesla Model Y was the best-selling electric car in the fourth quarter of 2024, making up 26.1% of new EVs sold. The Model 3 was second with 15%. The Honda Prologue came in third with 5.3%, and the Chevrolet Equinox EV and Ford Mustang Mach-E held fourth and fifth place with 4.7% and 4.4% market share, respectively.

  1. Tesla Model Y (26.1%)

  2. Tesla Model 3 (15%)

  3. Honda Prologue (5.3%)

  4. Chevrolet Equinox EV (4.7%)

  5. Ford Mustang Mach-E (4.4%)

  6. Hyundai Ioniq 5 (4%)

  7. Tesla Cybertruck (3.4%)

  8. Ford F-150 Lightning (2.5%)\

  9. Cadillac Lyriq (2.2%)

  10. Rivian R1S (2.2%)

  11. Chevrolet Blazer EV (2.1%)

  12. Kia EV9 (1.7%)

  13. Kia EV6 (1.7%)

  14. Toyota bZ4X (1.5%)

  15. Tesla Model X (1.4%)

What is the percentage of electric cars sold by state?

According to a report from the Alliance for Automotive Innovation, in the third quarter of 2024, California led the U.S. in market share, with electric vehicles, plug-in hybrid electric vehicles, and fuel cell electric vehicles making up nearly 27% of new light-duty vehicle registrations. Colorado followed closely behind at 26%, gaining almost 8 percentage points year over year.

California, Colorado, Washington, and the District of Columbia all exceeded 20% market share in the same timeframe. Ten other states also saw new EV registrations surpass 10% but remain below 20%. Take a look at the following list to see what your state's EV market share is. The figures below were rounded to the nearest tenth.

Source: Alliance for Automotive Information

EV market share in all 50 states

EV market share in all 50 states

(1) California: 26.8%

(26) Texas: 6.2%

(2) Colorado: 25.5%

(27) Maine: 6.8%

(3) Washington: 24.6%

(28) Michigan: 6.5%

(4) District of Columbia: 20.4%

(29) New Hampshire: 5.8%

(5) Oregon: 17%

(30) New Mexico: 5.6%

(6) New Jersey: 15.6%

(31) Ohio: 5.4%

(7) Hawaii: 14.1%

(32) Kansas: 5.4%

(8) Vermont: 13.7%

(33) Indiana: 5.3%

(9) Maryland: 13.2%

(34) Tennessee: 5.2%

(10) Nevada: 13.1%

(35) Idaho: 5%

(11) Massachusetts: 12.3%

(36) Wisconsin: 4.7%

(12) Delaware: 11.9%

(37) Nebraska: 4.7%

(13) Connecticut: 11.2%

(38) South Carolina: 4.5%

(14) Virginia: 10.1%

(39) Montana: 4.5%

(15) New York: 9.8%

(40) Kentucky: 4.2%

(16) Florida: 9.7%

(41) Alaska: 4%

(17) Utah: 9.5%

(42) Iowa: 3.8%

(18) Arizona: 9.3%

(43) Alabama: 3.5%

(19) Georgia: 8.7%

(44) Wyoming: 3.2%

(20) Rhode Island: 8.4%

(45) Arkansas: 2.7%

(21) Illinois: 7.5%

(46) South Dakota: 2.6%

(22) North Carolina: 7.5%

(47) Oklahoma: 2.6%

(23) Missouri: 7.3%

(48) West Virginia: 2.3%

(24) Minnesota: 7.2%

(49) Louisiana: 2.2%

(25) Pennsylvania: 6.3%

(50) North Dakota: 1.8%

(51) Mississippi: 1.4%

Ronald Montoyaby

Ronald Montoya has worked in the automotive industry since 2008. He has written over a thousand car related articles and bought and sold over 100 vehicles over the course of his career. Ronald is a senior consumer advice editor and content strategy at Edmunds and has also contributed to the Associated Press. He has also been featured on ABC, NBC and NPR on a number of car shopping topics. He got his start in the auto industry by taking a part-time job at a car dealership, where he worked in the service and accounting department.

Steven Ewingedited by

Steven Ewing has worked in the automotive industry since 2003. In that time, he's written thousands of articles and tested just as many vehicles. Steven is Edmunds' director of editorial content and has previously been on staff at Winding Road magazine, Autoblog, Motor1.com, CNET, and was the U.S. correspondent for Top Gear magazine. Steven has also contributed to Automobile magazine, Car and Driver, The Drive, Jalopnik, Porsche Panorama, and dozens of other publications. In his spare time, Steven loves to play the drums, cook, and drive his 2000 BMW M Roadster.

LATEST ELECTRIC CAR REVIEWS & RATINGS

Try this quiz!

Is an EV right for me?

Do you need to tow or haul heavy items often?
Back to Top
Back to Top