How Are the Recent EV Entrants to the US Market Selling?

While still early, only the Audi e-tron is seeing any significant sales volume averaging around 750 units per month for May through July. The Hyundai Kona and Kia Niro BEVs remain poor sellers, though likely due to lack of supply rather than weak consumer interest.

While only available in the US market for a few months, the award-winning Hyundai Kona Electric and Kia Niro EV are so far being outsold 11 and 16 (respectively) to 1 by the Chevrolet Bolt. Why? Supply. The Kona and Niro BEVs should be outselling the Bolt, but Hyundai/Kia simply have not made their BEVs widely available.

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2022 US YOY BEV Sales Increased 57%-featured image

2022 US YOY BEV Sales Increased 57%

Sales of full battery electric vehicles (BEVs) in the US increased 57 percent in 2022 versus 2021, a lower growth rate than the 89 percent YOY increase in 2021, according to analysis by EVAdoption of S&P Global Mobility data.

2022 US YOY BEV Sales Increased 57%-featured image

2022 US YOY BEV Sales Increased 57%

Sales of full battery electric vehicles (BEVs) in the US increased 57 percent in 2022 versus 2021, a lower growth rate than the 89 percent YOY increase in 2021, according to analysis by EVAdoption of S&P Global Mobility data.