Tesla as the Best EV Automaker in the US? Latest Data Shows it Holds Almost 70% of Market Shares in 2021

Joseph Henry, Tech Times 18 March 2022, 01:03 am

Tesla remains to be the most dominant electric car manufacturer in the US, according to the latest registration data.

Although several EV firms recently came out in the market, the world's largest EV maker showed no signs of stopping when it came to production and market shares.

Tesla is the Most Dominant EV Maker in the US

Tesla as the Best EV Automaker in the US? Latest Data Shows it Holds Almost 70% of Market Shares in 2021

(Photo : Tesla Fans Schweiz from Unsplash)
According to the recent data, Tesla still holds the biggest EV market shares in the US.

Over the past years, Tesla managed to create a huge name in the auto industry by producing top-notch electric cars for different purposes. As people become more aware of the presence of EVs in the market, US consumers still rely on Tesla.

According to a report by Electrek, Experian data from 2021 revealed that even though Tesla slowed down last year, it was still consistent in holding huge market shares for its EV in the US.

It should be noted that the EV market share for the automaker this time has decreased to 69.95%. That's lower compared to the 2020 data which suggested that it has 79% ownership of the EV market shares in the US.

Behind Tesla, Nissan trailed with 8.51% at the second spot, followed by Chevrolet with 7.15% and Ford with 2.31%.

Based on the new data, it's noteworthy to conclude that Tesla is by far the most dominant company in terms of EV sales in the US. It dominated all of the states in the country except for Alaska.

It is expected that Tesla will soon bring a service center here. Tech Times reported that the firm has opened its Supercharger Network in 50 states, including Alaska in early 2022.

Although EVs are good alternatives to traditional vehicles, they are more expensive and require more maintenance. The EV adoption rate needs to be improved further in the US and of course, around the world.

With that, Tesla looks forward to increasing its production by building expansion plans in several parts of the globe.

Tesla Shanghai Factory Resumes Production

In another story from Reuters, Tesla reportedly got back to its production in Shanghai after a two-day restriction took place in the City. The suspension was part of the government protocol to prevent the spread of COVID-19.

In other news, Tech Times reported that Tesla CEO Elon Musk announced that the company is now in the process of developing a new Master Plan Part 3. This action is headed towards improving the overall business scheme for the EV maker.

According to the outline of the firm, the improvements in Part 1 will tackle a major "evolution" for the Tesla Roadster, not to mention the revamped Tesla Model 3.

For the second master plan, Musk and his team will be focusing more on trucks and pickup vehicles. As of press time, this program remains incomplete.

This article is owned by Tech Times

Written by Joseph Henry