Q1 2025 U.S. EV Sales Update
- Paul Robert
- Apr 25, 2025
- 2 min read
The U.S. is one of the most important EV markets in the world for the simple fact that it will generate one of the largest overall revenue opportunities for this transition as a single country. To date, the U.S. automotive industry generates over $1.5 trillion in retail sales. The monthly Advance Retail Sales report breaks these sales down in aggregate by motor vehicle and parts dealers. Of this $1.5 trillion, approximately $1.1 trillion or nearly 75% is directly associated with new car dealers - this is the clear market opportunity for the U.S. EV transition.
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