The 10 best-selling electric vehicles of 2022 so far

Americans bought nearly twice as many electric cars in the first quarter of 2022 as they did in the first quarter of 2021, according to the latest Kelley Blue Book data. Electric vehicles accounted for more than 5% of total car sales for the first time.

Tesla has home-court advantage

TeslaTSLA,
+0.09%
continues to dominate the segment. About 75% of electric vehicles sold between January and March were Tesla products. Its Model Y SUV and Model 3 sedan alone accounted for 68% of the market.

The gap between the second place of the Model 3 and the third place of the Ford F,
-1.24%
The Mustang Mach-E exemplifies Tesla’s remarkable head start in the electric vehicle race. Americans bought 46,707 Model 3s and 6,734 Mustang Mach-Es in the first quarter.

Still, Tesla’s rear view mirror is getting cluttered.

The Ford Mustang Mach-E

Ford

A new contest is coming

In the first quarter of 2021, Americans purchased 18 different electric vehicle models. In the first three months of this year, they bought 32 different models. We expect there will be at least 50 models for sale by the end of 2022.

Tesla has taken a head start in the electric vehicle race, selling four electric car models before most automakers released their first. But the competition is growing every day.

No non-Tesla EV has come close to minding the controls of the now Texas-based company. But Americans are increasingly aware of the alternatives. This could mean Tesla is in for a tougher fight than he’s seen before.

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The Hyundai Ioniq 5, for example, recently won the 2022 World Car of the Year title. With unconventional styling reminiscent of an 8-bit video game car and pixelated headlights, it brings a quirky attitude to battle. It uses an 800-volt architecture rather than Tesla’s 400-volt configuration, which allows it to charge faster. It is also much cheaper.

The 2022 Hyundai Ioniq 5

hyundai

The Ioniq 5 starts at $44,000. That’s not far off what the Model Y cost when it launched in 2020. But thanks to frequent price increases, it now starts at $64,990. And Hyundai HYMTF,
+3.27%
vehicles are still eligible for the full $7,500 federal tax rebate that is no longer offered on Tesla products.

If the style of the Ioniq 5 puts you off, the elegant Kia EV6 000270,
+0.72%
is built on the same platform and has many of the same virtues and a more conventional sporty style.

Here are the electric microphones

Tesla also faces competitors from new types of electric vehicles. The first electric vans have begun to hit customer driveways. In the first three months of 2022, 99 customers took delivery of a GMC Hummer EV truck, and another 43 received a Rivian RIVN,
-0.63%
Microphone R1T. Ford is nearing production of its F-150 Lighting electric truck. Tesla’s own radical Cybertruck, the company says, is expected to hit production in 2023.

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Increased competition appears to be a threat to Tesla’s dominance. Incredibly, even with more competition than ever, Tesla’s lead in the field is growing. Tesla products accounted for 70% of electric vehicles sold in the first quarter of 2021 and 75% in the same period of 2022.

The 10 best-selling electric vehicles in the first quarter:
  1. Tesla Model Y

  2. Tesla Model 3

  3. Ford Mustang Mach-E

  4. Tesla Model X

  5. Hyundai Ioniq 5

  6. Kia EV6

  7. Tesla Model S

  8. Nissan Leaf

  9. Kia Niro

  10. Audi e-tron

This story originally took place on KBB.com.

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