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Have you noticed more Teslas on the roads these days? It’s not just your imagination. According to the latest automotive marketshare data from Cox Automotive and Kelly Blue Book (KBB), Tesla managed to hit 4.2% share of the overall light vehicle automotive market in the United States in 2023, with a 25.4% increase in vehicle sales over 2022. That lines up very closely with CleanTechnica’s own US auto industry sales report for 2023, which had Tesla at 4.3% of U.S. auto sales.
While Tesla’s market share within the EV (electric vehicle) market dropped from about 65% to 55% year over year, the overall EV market growth in the United States was so high that Tesla now has a higher market share than well established automotive brands including Mercedes-Benz (2.3%), BMW (2.5%), Suburu (4.1%),…
Read the full article originally published at cleantechnica.com.