U.S. EV Sales Rise 14.7 Percent From Prior Quarter but Fall 20.5 Percent From Year Earlier

U.S. electric vehicle sales rose 14.7 percent in the second quarter of 2026 from the first quarter, reaching approximately 247,000 units. The increase followed three consecutive quarters of steeper year-over-year declines.

Sales fell 20.5 percent from the second quarter of 2025, compared with a 27 percent drop in the first quarter of 2026 and a 36 percent decline in the fourth quarter of 2025. Tesla accounted for one in three new EVs sold in the quarter and roughly half of all U.S. EV sales in the first half of the year.

The company’s first-half volume was more than 10 percent lower than in the same period of 2025. Its market share fell below 40 percent in 2025, the lowest level in eight years. Chevrolet placed second in quarterly sales.

Toyota recorded 225 percent year-over-year growth and Subaru posted 108 percent growth; Toyota ranked among the top five sellers. Ford’s sales declined 40 percent, Volvo’s fell 41 percent, Mercedes’ dropped 58 percent, and Nissan’s fell 88 percent. President Donald Trump eliminated the federal EV tax credit and the federal EV mandate in 2025.