The California New Car Dealers Association (CNCDA) recently released its fourth quarter 2022 California Auto Outlook report, which outlines 2022 vehicle registration data and projects 2023 sales in California’s auto market. The report states sales of pure electric vehicles saw a rise of more than 50 percent from 2021, leading to a market share of 17.1 percent.
Tesla was among the top brands in California, with a market share of 11.2 percent, placing it second after the leading brand, Toyota, which held a share of 17.3 percent. Ford followed close behind with 8.4 percent, Honda with 7.9 percent, and Chevrolet with 6.8 percent. Tesla’s popularity in California was highlighted by its market share being larger than the nationwide average of 3.5 percent.
Tesla Model Y was the top-selling light truck in 2022, with the Toyota RAV4 coming in second. The top-selling passenger car model in the state was the Tesla Model 3, followed by the Toyota Camry and Toyota Corolla.
Electric vehicles have been gaining traction in the auto industry, and one brand that stands out is Tesla. This trend, especially in California, indicates a growing desire for EVs, which offer several benefits including cost savings from fuel efficiency and reduced maintenance expenses.
Additionally, many buyers can take advantage of the $7,500 federal EV tax credit, making EVs an attractive option for consumers_