{"id":241718,"date":"2023-10-12T14:48:57","date_gmt":"2023-10-12T14:48:57","guid":{"rendered":"https:\/\/automotobuzz.com\/?p=241718"},"modified":"2023-10-12T14:48:57","modified_gmt":"2023-10-12T14:48:57","slug":"us-bev-registrations-up-53-in-august-2023-to-almost-100000","status":"publish","type":"post","link":"https:\/\/automotobuzz.com\/electric-cars\/us-bev-registrations-up-53-in-august-2023-to-almost-100000\/","title":{"rendered":"US BEV Registrations Up 53% In August 2023 To Almost 100,000"},"content":{"rendered":"

In August, new all-electric car registrations in the United States continued to grow at a healthy rate but slightly missed the 100,000 mark, which was exceeded in July for the first time.<\/p>\n

According to the registration data from Experian<\/em> (via Automotive News<\/em>), the total number of BEV registrations, during the first eight months of 2023, amounted to 754,811, which is about 64 percent more than a year ago and about 7.3 percent of the total market (up from 5.0 percent at the time in 2022). The market share of 7.3 percent is the highest value ever recorded.<\/p>\n

Registration data lags behind sales\/deliveries, by at least several weeks, but can be used as a proxy of sales, especially since not all sales numbers are publicly available (specifically on a monthly basis).<\/em><\/p>\n

A comparison with the previous report for the January-July period\u00a0allows us to calculate the number of new registrations in August, which amounted to almost 99,000 (up 53 percent year-over-year).<\/p>\n

<\/p>\n

The Automotive News<\/em> article says that Tesla noted 437,944 new registrations (46 percent more than a year ago) during the eight-month period. The non-Tesla BEV registrations (calculated as the difference between the total and Tesla) amounted to 316,867 (up about 98 percent year-over-year) and 42 percent share.<\/p>\n

The most interesting thing is that Tesla’s share in the BEV segment decreased from over 65 percent a year ago at this point of the year to 58 percent this year.<\/p>\n

BEV registrations in January-August 2023:<\/p>\n