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Q3 Gross sales Up 11.6% for EVs With OEM Reported Gross sales Numbers


Gross sales of the EV fashions with automaker reported gross sales had been up 11.6% in Q3 versus Q2 2022, in keeping with new evaluation from EVAdoption’s EV Gross sales Scoreboard. Whereas stable total progress, this was a decline of roughly 34 proportion factors from the second quarter improve of 45.3 % over Q1.

Common US gross sales of the 32 EV fashions for which OEMs reported gross sales and that had been obtainable within the interval July-September, had been up a median 10.5%. On a median foundation, nonetheless, gross sales declined 23.5% in Q3 over Q2. 

View the Q3 Gross sales Scoreboard: a sortable database-driven model of the desk

9 BEVs and PHEVs had constructive progress in Q3, whereas 19 fashions noticed declines in Q3, though two of these fashions (Honda Readability and Mazda MX-30) have been discontinued, gross sales of the Toyota bZ4X had been halted whereas they mounted a mechanical problem; and the Mitsubishi Outlander PHEV is in transition to the brand new 2023 mannequin. 5 different fashions had been new to the market in Q3 and didn’t have gross sales in Q2.

EVs With the Largest Q3 vs. Q2 Gross sales Improve and Lower

5 EVs had a higher than 100% Q3 gross sales improve:

  • Volkswagen ID.4: 301%
  • BMW i4: 206.6%
  • Ford F-150 Lightning: 181.5%
  • Chevrolet Bolt EV/EUV: 111.8%
  • Lucid Air: 105.9%

10 EVs had a decline of higher than 40%:

  • Mitsubishi Outlander PHEV: -98.5% (Transitioning to an upgraded model for 2023)
  • Honda Readability: -98.1% (Discontinued however Honda remains to be reporting gross sales)
  • Mazda MX-30: -94.1% (Manufacturing for the US discontinued)
  • Volvo C40: -62.4%
  • Nissan LEAF: -60.8% 
  • Chrysler Pacifica Hybrid: -49.0%
  • Audi e-tron Sportback: -48.9%
  • Porsche Taycan: -47.5%
  • Audi e-tron: -40.2%
  • Ford E-Transit: -40.2%

Notes On the Gross sales Information

As a reminder, gross sales of US EVs (BEV and PHEV) for fashions the place the OEM publicly experiences gross sales numbers. Not included on this desk: EV fashions from automakers that don’t escape both or each of BEV or PHEV gross sales by mannequin for the US, together with Tesla, Volvo (PHEVs and the XC40), Polestar, BMW (PHEVs), Ford (PHEVs), Land Rover, Jaguar, Kia (PHEVs), Hyundai (PHEVs), and Audi (PHEVs). Rivian doesn’t escape gross sales of the R1T and R1S fashions, however experiences the mixed gross sales. Lucid Motors experiences deliveries throughout its quarterly earnings name.

EVAdoption estimates gross sales for these fashions which can be reported on, and can present these numbers by way of an upcoming EV gross sales knowledge subscription.

PHEV Gross sales Developments

Total PHEV mannequin gross sales had been down 6.2 % for Q3 versus Q2, and particular person mannequin gross sales had been down a median 38.4% and on a median foundation, declined 23.5%. With a gross sales improve of 24.1%, the Jeep Wrangler 4xe was the one PHEV with constructive QoQ progress. The sturdy gross sales of the Wrangler 4xe proceed in 2022, with stable will increase in every quarter. The Wrangler 4xe is on tempo to complete 2022 as the best promoting PHEV for the second consecutive 12 months and likewise because the highest-selling EV within the US after the Tesla Mannequin Y and Mannequin 3 BEVs.

The Toyota RAV4 Prime PHEV had a really disappointing Q3 with a 19.3% decline over Q2 and persevering with QoQ declines in 2002. The Chrysler Pacifica Hybrid (PHEV) had a gross sales decline of 49%, maybe because of sturdy gross sales of the Toyota Sienna minivan, which is now obtainable solely as a daily hybrid.

BEV Gross sales Developments

Total BEV gross sales of OEM reported fashions elevated 18.8% in Q3 versus Q2. The common gross sales change for particular person fashions was up 27.6%, however the median gross sales change was a lower of twenty-two.3%. Twelve BEVs noticed gross sales declines in Q3, whereas 8 had gross sales will increase. Seven BEV fashions we thought-about not relevant because the fashions both started promoting in Q3, had been discontinued in earlier quarters, or within the case of the Toyota bZ4X gross sales had been halted because of recall.

Regardless of a 4.9% decline in Q3 gross sales, the Ford Mustang Mach-E is on observe to finish 2023 because the top-selling non-Tesla BEV. The 2 Chevrolet Bolt EV and EUV fashions must outsell the Mach-E by greater than 6,000 models in This autumn to surpass the Ford BEV. The 301% improve for the VW ID.4 was spectacular and the mannequin might proceed to see sturdy progress as manufacturing quantity scales as it’s now being produced in Volkswagen’s Chattanooga, TN manufacturing facility.

The Ford F-150 Lightning additionally had sturdy progress of 181.5%, however was nonetheless solely on a month-to-month tempo of round 2,150 models. At this tempo, the Lightning would solely attain annual gross sales of roughly 26,000. I anticipate Ford to proceed to scale up manufacturing in This autumn and in 2023, and probably reaching gross sales of fifty,000 models subsequent 12 months.

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