Tesla proves dominance in the EV market with a 75 percent market share

Canada News News

Tesla proves dominance in the EV market with a 75 percent market share
Canada Latest News,Canada Headlines
  • 📰 IntEngineering
  • ⏱ Reading Time:
  • 56 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 26%
  • Publisher: 63%

Which electric vehicle manufacturer is your go-to? 🚗

Tesla has delivered 310,048 vehicles in the first quarter of 2022, another first-quarter record. The success of Tesla is proven once again as the company has three electric cars in the top 10 most selling electric vehicles in the United States, while no other manufacturer has even two different models on the list.

The gap between sales of the third and the fourth place is also significant. In the first three months of the year, Tesla sold 43,707 Model 3 vehicles, while Ford sold only 6,734 Mustang Mach-Es.shut down towards the end of the three-month period because of the increase in COVID-19 infections. The company is also dealing with ongoing supply chain challenges, just like the other automakers in the industry. The global electric vehicle market is no different than the U.S. market.

Meanwhile, Volkswagen closely followed Tesla’s market share in the global EV market in 2021. Volkswagen followed Tesla closely in the global market with a market share of 11,28 percent, while the latter’s share was 13,84 percent. Tesla’s goal is to produce up to 1.5 million vehicles in 2022. It also plans to start production on its other vehicles by 2023, including theWhile the competition in electric vehicles heats up, electric vehicles represent 5 percent of the overall auto market, and this is another first time in the United States.Stay ahead with the latest science, technology and innovation news, for free:

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

IntEngineering /  🏆 287. in US

Canada Latest News, Canada Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Elon Musk sells nearly $4 billion in Tesla stock following Twitter dealElon Musk sells nearly $4 billion in Tesla stock following Twitter dealIn a series of filings with the Securities and Exchange Commission released late Thursday, Musk disclosed he sold about 4.4 million shares this week.
Read more »

Musk sells Tesla shares worth $4 bln, says no more sales plannedMusk sells Tesla shares worth $4 bln, says no more sales plannedTesla Inc Chief Executive Officer Elon Musk sold 4.4 million shares of the electric vehicle maker worth $3.99 billion, U.S. securities filings showed on Thursday, in sales likely to help finance his planned purchase of Twitter .
Read more »

Nikola’s Electric Big Rig Beats Delayed Tesla Semi To MarketNikola’s Electric Big Rig Beats Delayed Tesla Semi To MarketNikola Inc. has begun production of electric semis at its new Arizona plant, getting to market at least a year ahead of Elon Musk’s delayed Tesla Semi.
Read more »

Tesla stock looking at 15% weekly loss, Twitter stock stays below Musk's offerTesla stock looking at 15% weekly loss, Twitter stock stays below Musk's offerInvestors on Thursday gave side eye to Elon Musk’s bid for Twitter, with Tesla stock falling further and the social-media company’s stock still trading below the offer price, suggesting that markets see risk that the $44 billion deal might not happen.
Read more »



Render Time: 2025-03-10 08:29:54