Electric vehicle sales in the United States totaled more than 1.27 million units in 2025, capturing 7.8% of new-car sales, according to Kelley Blue Book estimates. While Tesla maintained its dominance with over 589,000 vehicles sold, General Motors surged 48% to claim second place. A sharp Q4 decline followed the expiration of the federal $7,500 tax credit in September.
The US electric vehicle market in 2025 showed resilience amid policy changes, with total sales reaching 1.27 million units, down slightly from 2024's record but still the second-best year on record. This figure represented 7.8% of all new-car sales, a marginal dip from 8.1% the previous year. The third quarter hit a peak of 10.5% market share, but sales plunged 36% in the fourth quarter to 234,000 units after the $7,500 federal tax credit expired at the end of September, marking the lowest point since Q4 2022.
Tesla remained the undisputed leader, selling 589,000 vehicles—46.2% of the total EV market—despite a second consecutive year of decline. Its Model 3 and Model Y dominated, though exact breakdowns were not specified. General Motors overtook Ford for second place, with sales jumping 48% to 169,887 units, or 13% of the market. Key contributors included the Chevrolet Equinox EV, GM's top seller at 57,945 units (up 100.7% year-over-year), alongside the Blazer EV (22,637 units), Cadillac Lyriq (20,971), Optiq (12,187), Vistiq, and Escalade IQ.
Ford lagged with 84,113 EVs sold, led by the Mustang Mach-E at 51,620 units (down 0.2%). Other notables included the Hyundai Ioniq 5 (47,039, up 6%), Honda Prologue (39,194, up 18.7%), Ford F-150 Lightning (27,307), Rivian R1S (24,852), and Volkswagen ID.4 (22,373). The Tesla Cybertruck sold 20,237 units, ranking among broader popular models.
Looking ahead, Cox Automotive forecasts an 8% market share in 2026, driven by over 30 new models, including affordable options like the Chevrolet Bolt EV and Nissan Leaf under $30,000, plus the Rivian R2 and BMW iX3. Stephanie Valdez Streaty, director of Industry Insights at Cox Automotive, noted: “2025 unfolded largely as anticipated, with changes to federal EV incentives reshaping the demand patterns... this shift marks a structural transition toward a market increasingly driven by consumer choice.” Policy shifts under the current administration may ease regulatory pressures, but experts expect gradual growth through innovation and infrastructure improvements.
