LMC Automotive reported the EV market closed 2022 with an aggressive 76% year-on-year growth rate and exceeded a 5% market share, nearly doubling the prior year’s share of 2.7%.

The end-of-the-year sales push carried December 2022 to a new 77,600-unit sales record as legacy OEMs worked in unison to release competitive models to end Tesla’s dominance.

Source :: LMC Automotive