US Electric Vehicle Sales Report: Q1 2025

us-electric-vehicle-sales-report-q1-2025-1.png

Nearly 300,000 new electric vehicles (EVs) were sold in the first quarter of 2025 in the U.S., according to the latest report from Kelley Blue Book, an increase of 10.6% YoY.

  • Despite many obstacles — and what you may read elsewhere — electric-vehicle sales continue to grow at a healthy pace in the U.S. market. Roughly 7.5% of total new-vehicle sales in the first quarter were electric vehicles, an increase from 7% a year earlier.
  • Cox Auto: “But the EV growth story continues to center on market leader Tesla, which saw sales fall further in Q1, down nearly 9% from year-ago levels. As we have noted before, without a significant shift in product strategy, Tesla will continue to shrink in the U.S. market.”

Attachments