US EV Sales Stabilize at 247,226 in Q2 as Tesla Keeps Roughly 50% Share
Updated
Updated · Cox Automotive · Jul 10
US EV Sales Stabilize at 247,226 in Q2 as Tesla Keeps Roughly 50% Share
2 articles · Updated · Cox Automotive · Jul 10
Summary
247,226 EVs were sold in the U.S. in Q2 2026, up 14.7% from Q1, suggesting the market is stabilizing after a steep correction.
That rebound still left sales down 20.5% from a year earlier—the third straight quarterly decline—but the drop was less severe than Q1's 27.3% fall and Q4 2025's 36% slide.
Tesla remained the clear market leader despite first-half sales falling more than 10%, with the Model Y and Model 3 helping it hold roughly half of all U.S. EV sales.
EVs made up about 5.8% of new-vehicle sales in Q2, flat from Q1 and well below the 10.6% peak in Q3 2025, when buyers rushed to capture expiring federal incentives.
Hybrids are now the stronger growth story: Kelley Blue Book expects the overall U.S. auto market to slip 2.2% this year while hybrid sales rise about 9% on high gas prices and broader model offerings.