According to Bloomberg News, in the first nine months of 2023, electric vehicles accounted for 21.5% of the cars sold in California. According to the registration data released by California New Car Dealers Association on November 1st, one out of every five cars currently sold in California is an electric car.
In the first nine months of 2023, electric vehicles accounted for 21.5% of the cars sold in California, which has doubled compared with the past two years. If hybrid vehicles, plug-in hybrid vehicles and fuel cell vehicles are added, California's electric vehicle market share is 35.4% so far.
California has long been an advocate of electric vehicles. California Governor gavin Newson said that by 2035, the sale of new gasoline-powered vehicles will be phased out as part of California's efforts to deal with climate change. Tesla Corporation of elon musk was founded in California, and the popularity curve of electric vehicles is developing faster in California than in other parts of the United States.
According to California's report, pure electric vehicles only account for 7.4% of the overall automobile market in the United States, and California's performance has helped resist some pessimism that the entire electric vehicle market is currently facing. Both Tesla and traditional car manufacturers said that they would temporarily reduce their investment in electric vehicles and warned that high interest rates and high prices were affecting demand.
According to California's car registration data, Tesla's leading position in California's electric vehicle market has declined this year, and its market share has dropped to 62.9% in the first nine months of 2023, compared with 71.8% in the same period last year. The market share of electric vehicles of Mercedes-Benz Group and BMW has increased.
In the same period, gasoline and diesel vehicles (collectively referred to as ICE) accounted for 62.3% of new car registrations in California. This figure is 71.6% lower than that in 2022. Toyota Motor Corporation is still the best-selling car brand in California, with a market share of 15% so far this year. Thanks to the strong sales of Model Y, Tesla still ranked second with a market share of 13.5%.