Record U.S. EV Sales in 2025: Tesla and GM Lead the Charge

Record U.S. EV Sales in 2025

Electric vehicle sales in the United States have surpassed 1 million units through the first nine months of 2025, marking a significant milestone in the industry’s growth. Tesla and General Motors (GM) are leading this surge, with Tesla maintaining a 46% market share despite a slight 10% sales decline year-over-year. Meanwhile, GM has doubled its EV sales since mid-2024, showcasing strong momentum in the electric segment.

GM’s Rising Influence in the EV Market

GM’s expanding electric lineup, including the popular Chevrolet Equinox EV, has contributed to its growing presence, now capturing approximately 16% of the U.S. EV market. Cadillac’s luxury electric models have also gained traction, further diversifying GM’s offerings. This growth comes as federal EV tax credits are set to expire, fueling a rush of purchases in the third quarter.

Market Outlook Amid Incentive Changes

With federal incentives ending, the industry faces uncertainty, but current trends indicate robust demand for EVs. The competitive dynamic between established automakers and startups continues to evolve, shaping the future of electric mobility in America.