Top 6 Companies Leading the United States Electric Vehicle Market

Tesla, Inc., BMW AG, Volkswagen Group, Hyundai Motor Company, Mercedes-Benz Group AG, and Ford Motor Company, among others, are major players in the United States electric vehicle market. Other key players include FCA Italy S.p.A (Fiat), AB Volvo, Toyota Motor Corporation, General Motors, Renault-Nissan-Mitsubishi, and Others.

The United States electric vehicle market would likely grow at a CAGR of 24.6% during 2022-2027. 

Electric vehicles comprise a relatively small portion of the total automotive market. However, electric vehicles are becoming increasingly popular with growing range, style and performance of modern electric vehicles. This growing popularity is expected to boost the 

United States electric vehicle market. Automakers are striving to make recharging easier and quicker. Customers seeking zero-emission driving have more options to choose from, with a broader variety of body styles and many price points.

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Top 6 Companies Leading the United States Electric Vehicle Market

Tesla, Inc.

Tesla, Inc. specializes in electric cars and clean energy products. The company seeks to expedite the world’s movement towards sustainable energy, and decrease dependence on fossil fuel, contributing to a zero-emission future. Tesla manufactures electric vehicles and install scalable clean energy generation and storage products. 

BMW AG

BMW AG is a major producer of motorcycles and automobiles, and offers premium mobility and financial services. The company specializes in Information Technology, Automotive, Software Development, Data Science, Data Security, Artificial Intelligence, Financial Services, Motorcycles, Digital Services, Mobility Services, IoT, Autonomous Driving, Future of Mobility, Connectivity, and Driving Pleasure.

Volkswagen Group

Volkswagen Group is a key auto producer and the largest car manufacturer in Europe. The Group comprises brands including Volkswagen, Audi, SEAT, ŠKODA, Bentley, Lamborghini, Porsche, Ducati, Scania Volkswagen Commercial Vehicles, and MAN. The Group runs 120 plants in twenty European nations, and eleven nations in Asia, the Americas, and Africa. 

Hyundai Motor Company

Hyundai Motor Company offers a variety of vehicles and mobility services in over 200 nations. The company continually seeks to improve its product line-up through vehicles manufactured on the basis of solutions promising a more sustainable future. 

Mercedes-Benz Group AG

Mercedes-Benz Group AG is a key international car producer with over 173,000 employees across the world. 

Ford Motor Company

Ford Motor Company is an international company that specialises in Automotive, Financial Services, and Mobility. The company designs, produces, markets and services an entire line of trucks, cars, electrified vehicles and sport utility vehicles.

*At Expert Market Research, we strive to always give you current and accurate information. The numbers depicted in the description are indicative and may differ from the actual numbers in the final EMR report.