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America’s EV Boom Suddenly Took Its First Hit After 14 Months Of Growth

Even with a 16 percent drop in registrations, Tesla continues to hold the top spot in the America’s EV market

                                        https://www.carscoops.com/author/bradcarscoops-com/                                    

by Brad Anderson

June 16, 2025 at 09:56

 America’s EV Boom Suddenly Took Its First Hit After 14 Months Of Growth

  • In April, 97,833 new EVs were registered in the US, capturing 6.6 percent of the market.
  • Analysts believe Trump’s anti-EV stance may be pushing consumers toward other options.
  • Most brands including Tesla, Ford, Hyundai, and Kia reported EV sales decline in April.

While EVs have generally been gaining popularity across the United States over the past couple of years, April wasn’t such a good month for them. New EV registrations fell 4.4 percent, marking the first dip after 14 consecutive months of growth. The slide was led by notable declines from several automakers, including Tesla, Ford, and Hyundai.

A total of 97,833 new EVs were registered in the US in April. This means that EVs accounted for 6.6 percent of total registrations, falling from the 7.4 percent share they had in April 2024. A number of factors could be at play here.

Read: Kia Sold Just 37 EV9s In May, But A Gas Sedan Is On Fire

According to S&P Global Mobility analyst Tom Libby, shoppers could have been put off by President Trump’s commitment to repeal the so-called ‘EV Mandate,’ reducing incentives for EV buyers. Additionally, charging and range anxiety are still issues for many, and a growing number of consumers are opting for hybrid models instead.

“The increases in the prior months have been weak, so I think there is an ongoing trend of weakening in the EV market,” Libby told Auto News. “We’ll have to watch where it goes, but there’s a lot of influences working against EVs right now.”

 America’s EV Boom Suddenly Took Its First Hit After 14 Months Of Growth

The Winners And Losers

Tesla remains the largest seller of EVs in the United States. In April, 39,913 new Tesla models were registered across the country, representing a 16 percent decline from April 2024. In second place was Chevrolet with a total of 9,160 registrations. It bucked the trend with a massive 215 percent spike, increasing its share of the EV market to 9.4 percent. This was primarily thanks to the Equinox EV with 5,424 registrations, trailing only the Tesla Model 3 and Model Y.

Ford came in third with 5,534 registrations, down 33 percent from April 2024. BMW edged out Hyundai for fourth place, logging 4,812 registrations, an 8.7 percent uptick. Hyundai fell to fifth after a 25 percent drop, totaling 4,796 units.

A number of other brands saw declines, including Rivian (down 30 percent), Mercedes (down 19 percent), and Kia (down a steep 68 percent). Cadillac and Honda posted big gains, up 104 percent and 2,359 percent respectively, while Volvo jumped 263 percent. Some smaller players, like Porsche and Fiat, also recorded substantial percentage increases, albeit from far smaller volumes.

US EV SALES APRIL 2025

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