US EV Registrations Surge in April Despite Tesla's Decline

Non-Tesla brands drive growth with significant year-over-year increases, aided by steep discounts and incentives.

April 2024 saw 102,317 new EV registrations, a 14% increase from the previous year.
Tesla's registrations fell 17% year-over-year, capturing 46.3% of the market.
Non-Tesla EV registrations soared by 69%, led by Ford, Rivian, and Toyota.
Steep discounts and incentives were key drivers of non-Tesla EV growth.
Top non-Tesla models included the Ford Mustang Mach-E and Toyota bZ4X.