EV Share of US Automarket Exploding (Tesla’s Share Shrinks)
Electric vehicles are starting to dominate the United States’ new auto market, rising from 2.8% to a 5.2% share in just one year. This number will likely significantly increase as supply chain issues improve and subsidies continue.
As the electric car market matures, Tesla’s share will continue to shrink. Leading Tesla competitors include Ford, Chevy, Hyundai, Toyota, and Honda.
Electric Avenue Properties is working to support the EV infrastructure for multiple manufacturers across Ohio and Georgia.