Quite a few automakers have claimed over the previous few weeks that EV demand is dwindling, however current California gross sales figures inform one other story.
EV gross sales continued to rise within the state through the third quarter of 2023, in accordance with a quarterly report from the California New Automotive Sellers Affiliation (CNCDA). EVs represented 22.3% of California new-car gross sales in Q3, whereas plug-in hybrids had 3.3% market share.
California EV gross sales by way of California New Automotive Sellers Affiliation, with Experian knowledge
Within the first 9 months of 2023, EVs accounted for simply over 21% of the California new-car market, in comparison with 7.4% on a nationwide stage, the CNCDA famous. It exhibits the pattern towards plug-in vehicles in California, the place one in 4 new automobiles has a cost port, is not slowing.
EVs, plug-in hybrids, hybrids, and hydrogen fuel-cell automobiles collectively accounted for 35.4% market share in California 12 months to this point, a large enhance from the 11.6% for a similar interval in 2018.
2024 Jeep Wrangler
The listing of bestselling plug-in automobiles in California in Q3 did not have any actual surprises. The Tesla Mannequin Y was the top-selling EV, adopted by the Tesla Mannequin 3 and Chevrolet Bolt EV, which is because of be discontinued. For a time earlier this 12 months the Mannequin Y was the top-selling car within the U.S., pickups apart. Worth cuts earlier this 12 months might have assist guarantee its continued sturdy gross sales.
The highest-selling plug-in hybrids had been the Jeep Wrangler 4xe, Toyota RAV4 Prime, and Chrysler Pacifica Hybrid. The Jeep has been the top-selling plug-in hybrid nationally as nicely, and will get a value reduce as a part of a 2024 model-year replace of the Wrangler.