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The article emphasizes California’s role as a trendsetter in the automotive industry, with shifts in preferences and government policies eventually spreading to the rest of the country. California’s regulatory agencies have even banned the sale of gas-powered vehicles starting in 2035.
The sales data shows that Tesla‘s Model Y and Model 3 dominate the BEV market in California, with Tesla holding a market share of 62.9%. However, other brands like Chevrolet, BMW, Mercedes, and Hyundai are slowly eating into Tesla‘s market share.
Toyota is the overall sales king in the state, with a 15% share, followed closely by Tesla at 13.5%. Tesla‘s sales have increased by 38.5% year to date, while Toyota’s sales have shrunk slightly. It remains to be seen if Tesla can overtake Toyota in terms of sales or if other EV-makers can offer better products at better prices to compete with Tesla.
The article concludes by noting that the popularity of Electric vehicles in California is a positive sign for the industry, but it also highlights the need for continuous innovation and competition to meet the demands of EV-hungry consumers.
In summary, the