Company Spotlight

Top 6 Companies Leading the United States Electric Vehicle Market

top united states electric vehicle manufacturers

Insights

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.

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.

Headquarters: Austin, Texas
Establishment: 2003
Website: https://www.tesla.com/

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

Headquarters: Munich, Germany
Establishment: 1916
Website: https://www.bmwgroup.com/en.html

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

Headquarters: Wolfsburg, Niedersachsen
Establishment: 1937 
Website: https://www.volkswagenag.com/en.html

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

Headquarters: Seoul, South Korea
Establishment: 1967
Website: http://worldwide.hyundai.com

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

Headquarters: Stuttgart, Baden-Württemberg
Establishment: 1998
Website: http://www.mercedes-benz.com/

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

Ford Motor Company

Headquarters: Dearborn, Michigan
Establishment: 1903
Website: https://www.ford.com/

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.

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30 North Gould Street, Sheridan, WY 82801

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63 Fiona Drive, Tamworth, NSW

+61 448 06 17 27

C130 Sector 2 Noida, Uttar Pradesh 201301

+91-858-608-1494

40th Floor, PBCom Tower, 6795 Ayala Avenue Cor V.A Rufino St. Makati City, 1226.

+63 287899028, +63 967 048 3306

6 Gardner Place, Becketts Close, Feltham TW14 0BX, Greater London

+44-753-713-2163

193/26/4 St.no.6, Ward Binh Hung Hoa, Binh Tan District, Ho Chi Minh City

+84865399124