By analyzing pure electric car sales in the US, there’s one clear takeaway — the Tesla Model 3 dominates. The Tesla Model 3 has gotten tens of 1000’s extra consumers per quarter to go electrical than any earlier electric model may.
Different electrical vehicles have their very own exciting options — in any case, additionally, they appeal to prospects. Nonetheless, Model 3 offers a tremendous combo of very, options, efficiency, and reasonable value. That will probably be much truer within the second quarter for the reason that Mannequin three’s base worth was later dropped to the legendary $35,000 determine.
What’s a bit unlucky is that no different electrical automobile fashions are selecting up momentum to grow to be mass-market autos. A part of that could be as a result of Tesla Model 3 sucking away their potential clients; nevertheless, it’s additionally associated to car specs, very, pricing, dealership/gross sales fashions, and branding. (As a lot as Elon Musk could not just like the latter period, he’s a branding superhero.)
There are a couple of electrical fashions not included right here as a result of the parent automakers don’t report their sales — not even quarterly sales — however, I hear that they might add a trickle of gross sales towards the underside of that chart.
General, wanting simply on the fashions within the chart, the Model 3 accounted for 60% of gross sales, the Model S one other 8%, and the Model X one other 7%. That mentioned the latter two are estimates since we don’t understand how Model S versus Model X sales broke out globally (we have their mixed deals determine) and we don’t know what portion of these had been within the US. These three Tesla models mixed account for 75% of the US electrical automobile market if the estimates are correct. That’s up from 67% within the first quarter of 2018.
Except for Tesla models, the Chevy Bolt held 11% of the market, the Nissan LEAF 7%, and apart from that, there’s mainly nothing to say.
The one valuable non-Tesla information within the first quarter is that the LEAF noticed its sales rise by 5.5% and the Volkswagen e-Golf saw its sales increase by 60%.