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Top 10 EV Companies in USA 2026

Tesla, GM and Hyundai Motor Group lead the top 10 EV companies in USA for 2026, ranked by estimated US EV sales from January to September 2026, with Toyota, Rivian, Ford, BMW, Subaru, Volkswagen and Lucid.

Top 10 EV Companies in USA

For a few years, it seemed the US would buy more EVs every quarter. Automakers pledged to go all-in on electrification, and things looked bright.

Then the government pulled the plug on incentives. The $7,500 federal EV tax credit came to a close on September 30, 2025. According to Cox Automotive, Americans bought 725,888 new EVs between January and September of 2026. That’s about 30% less than the 1,041,647 bought in the same period of 2025. In the third quarter, 262,649 EVs were sold. That’s 6.1% higher than the second quarter, but down 39.5% from last year’s all-time high. EVs made up roughly 6.4% of new-vehicle sales.

A smaller market is a tougher one. Some automakers have dropped EV models and taken multibillion-dollar write-downs to focus on hybrids. Others keep adding new EVs to their lineups, along with factories and battery plants in the US.

Also Read: Top 10 Largest Automobile Companies in USA 2026

We used one metric for our rankings: estimated US EV sales from January through September 2026, based on the Kelley Blue Book EV Sales Report released by Cox Automotive in October 2026. We grouped all brands under their parent company, so Chevrolet, Cadillac and GMC all count toward GM. We left out Honda. It sold an estimated 13,289 EVs this year, but it will stop selling the Prologue, its only US EV, after the 2026 model year. Here is our list of the top 10 EV companies in USA for 2026, and what each one has to offer.

Why the US EV Market Still Matters in 2026

Sales have slowed since the tax credit ended. Still, Americans bought more than 700,000 new EVs in nine months, and the leading EV companies in USA are still investing.

Factories and Batteries Are Moving to America

Automakers are building EVs and batteries in the US. Hyundai Motor Group builds the Hyundai IONIQ 5, IONIQ 9, Kia EV6 and Kia EV9 in Georgia. BMW plans to start building its first American-made EV in South Carolina in late 2026.

Prices Are Coming Down

More affordable EVs are arriving. The 2027 Chevrolet Bolt starts at $28,995, and Subaru’s compact Uncharted starts at $34,995. Without the federal credit, price will play a bigger role.

Range Keeps Improving

There’s less worry about range. BMW’s new iX3 has an EPA-estimated range of up to 434 miles. The Toyota bZ offers up to 314 miles. Even the affordable Chevrolet Bolt is rated at 262 miles.

Fleets and Software Are Growing

Electric vehicles aren’t just passenger cars anymore. Rivian builds delivery vans, and Tesla runs its Robotaxi service in Austin, Texas. Lucid has a deal with Uber and Nuro for self-driving Gravity SUVs.

Top 10 EV Companies in USA at a Glance

RankNameCore segmentKey 2026 figure (US EV sales, Jan-Sep 2026)
1TeslaEV sedans, SUVs, Cybertruck, Semi386,194 (52.9% share)
2General MotorsChevrolet, Cadillac and GMC EVs82,152
3Hyundai Motor GroupHyundai, Kia and Genesis EVs62,377
4Toyota MotorToyota and Lexus EVs47,437
5RivianElectric trucks, SUVs and vans41,009
6Ford MotorMustang Mach-E, E-Transit22,653
7BMW GroupBMW and MINI EVs16,118
8SubaruElectric crossovers and SUVs14,630
9Volkswagen GroupVolkswagen, Audi and Porsche EVs12,413
10LucidLuxury EV sedans and SUVs7,916

Source: Cox Automotive / Kelley Blue Book estimates as of October 13, 2026. Group totals add up each company’s brands.

Top 10 EV Companies in USA (2026)

These are the EV companies in USA that sold the most vehicles from January to September 2026.

1. Tesla

Tesla was incorporated in 2003 and moved its headquarters to Austin, Texas, in December 2021. It builds vehicles in Fremont, California, and at Gigafactory Texas, and it also runs Gigafactories in Nevada and New York. Under Elon Musk, Tesla had revenue of $94.83 billion in 2025. Its Model Y and Model 3 are the two best-selling EVs in the US.

No other EV company comes close to Tesla in the US. Tesla sold an estimated 386,194 EVs through September, for a market share of 52.9%. Its 144,094 EV sales in the third quarter alone were more than all other EV brands combined. Worldwide, Tesla delivered 486,532 vehicles in the third quarter of 2026. Revenue for the quarter was $28.05 billion, flat with a year ago. GAAP net income fell 43% to $787 million as spending on AI and Optimus rose. High-volume Semi production began on April 29, 2026, and the Cybercab joined Tesla’s Austin robotaxi fleet in the third quarter.

Key EV Products
✔ Model Y and Model 3
✔ Cybertruck, Model S and Model X
✔ Tesla Semi electric truck
✔ Full Self-Driving and Robotaxi service

Best for: Buyers who want the largest charging network and the most proven EV lineup.

2. General Motors

GM was founded in 1908 and is based in Detroit, Michigan. In January 2026, it moved into its new headquarters at Hudson’s Detroit. GM is led by Chair and CEO Mary Barra and had revenue of $185.0 billion in 2025. It sells EVs under the Chevrolet, Cadillac and GMC brands.

GM is clearly second in US EV sales, with an estimated 82,152 EVs sold through September. Cadillac led GM’s brands in the third quarter, selling about 12,358 EVs, nearly half of GM’s EV total. The 2027 Chevrolet Bolt starts at $28,995 with an EPA-estimated range of 262 miles. GM has scaled back some plans, though. According to Reuters, GM plans to build about 35,000 Bolts before production ends in the first quarter of 2027. That’s roughly 75% fewer than first planned.

Key EV Products
✔ Chevrolet Bolt, Equinox EV, Blazer EV and Silverado EV
✔ Cadillac Lyriq, Optiq, Vistiq and Escalade IQ
✔ GMC Sierra EV and Hummer EV
✔ GM Energy home charging and backup power

Best for: Families who want the widest choice of EVs, from a budget hatchback to a luxury SUV.

3. Hyundai Motor Group

Hyundai Motor Group is made up of Hyundai Motor Company, founded in 1967, plus Kia and Genesis. Hyundai builds the IONIQ 5 and IONIQ 9 at Metaplant America, its $12.6 billion plant in Georgia. Kia builds the EV6 and EV9 at its plant in West Point, Georgia.

The group sold an estimated 62,377 EVs in the US through September. Hyundai accounted for 39,121 of those sales, Kia for 22,202 and Genesis for 1,054. The Hyundai IONIQ 5 sold 31,112 units in that time, making it the third best-selling EV in the US after the Tesla Model Y and Model 3. Hyundai is also making batteries at home. Its roughly $5 billion joint venture with SK On in Bartow County, Georgia, started commercial production in early July 2026. The plant can produce 35 GWh of battery cells a year, enough for about 300,000 EVs. A second battery plant, with LG Energy Solution, opened in April 2026.

Key EV Products
✔ Hyundai IONIQ 5 and IONIQ 9
✔ Kia EV6 and EV9
✔ Genesis electric models
✔ Georgia-made battery cells

Best for: Buyers who want fast-charging, US-built crossovers at mainstream prices.

4. Toyota Motor

Toyota was incorporated in 1937 and is based in Toyota City, Japan. It is the world’s largest automaker by production. Kenta Kon took over as president and CEO in April 2026. Toyota sells EVs in the US under the Toyota and Lexus brands.

Toyota was slow to jump on the EV bandwagon, but it now sells more EVs in the US than any company except Tesla, GM and Hyundai Motor Group. Toyota and Lexus together sold an estimated 47,437 EVs through September, an increase of nearly 170% from 17,604 a year earlier. The Toyota bZ was the fourth best-selling EV model in the US, with 24,944 units sold. In the third quarter, Toyota was the third best-selling EV brand, with 12,904 units. The bZ offers up to 314 miles of range, and Toyota’s 2026 lineup adds the bZ Woodland and C-HR. All three are built in Japan. A three-row Highlander EV is planned for Toyota’s plant in Georgetown, Kentucky, and Toyota says it will launch in 2027.

Key EV Products
✔ Toyota bZ
✔ bZ Woodland
✔ C-HR electric SUV
✔ Lexus electric models

Best for: Drivers who want Toyota’s reputation for reliability in an electric SUV.

5. Rivian

Rivian was founded by RJ Scaringe in 2009 and is based in Irvine, California. Scaringe is still the CEO. Rivian builds all of its vehicles at its plant in Normal, Illinois. It currently offers the R1T, the R1S, the new R2 and electric delivery vans first developed for Amazon.

Rivian is one of the few EV companies selling more vehicles than last year. It sold an estimated 41,009 EVs in the US through September, 8,656 more than in the same period last year. Rivian was the second-biggest EV brand in the third quarter of 2026, and it delivered a record 19,248 vehicles in that quarter. It reaffirmed its target of 65,000 to 70,000 deliveries for the year. The new R2 drove much of that growth. Customer deliveries began on June 9, 2026, with prices starting at $48,490. Volkswagen backs Rivian through a software joint venture worth up to $5.8 billion by 2027. Rivian’s second plant, in Georgia, is expected to open in 2028.

Key EV Products
✔ R2 midsize SUV
✔ R1T pickup and R1S SUV
✔ Electric delivery vans
✔ Software and electrical architecture shared with Volkswagen

Best for: Outdoor-minded buyers and fleets that want rugged, US-built EVs.

6. Ford Motor

Ford was started by Henry Ford back in 1903 and has its headquarters in Dearborn, Michigan. With Jim Farley at the helm as CEO, it had revenue of $187.26 billion in 2025. Ford runs its EV business through a division called Model e.

Ford saw a big drop in EV sales in 2026. It sold an estimated 22,653 EVs through September, down 67.5% from the year before. Third-quarter EV sales fell 80.2% to just 6,047. Ford ended production of the all-electric F-150 Lightning in December 2025, announced $19.5 billion in write-downs on its EV investments and shifted its focus to hybrids. It sold 44,308 hybrids in the third quarter. Ford isn’t done with EVs just yet. It has retooled its Louisville Assembly Plant for its new, affordable Universal EV platform, and prototype builds of the midsize Fathom electric pickup are set to begin in the first quarter of 2027.

Key EV Products
✔ Mustang Mach-E
✔ E-Transit electric van
✔ Universal EV platform and Fathom midsize pickup
✔ Extended-range F-150 Lightning (planned)

Best for: Ford loyalists and businesses that want an electric van or a sporty electric crossover.

7. BMW Group

BMW was officially founded in 1916 and is headquartered in Munich, Germany. Milan Nedeljković took over as chairman of the board of management in May 2026. BMW’s plant in Spartanburg, South Carolina, is its biggest in the world by production, and it built more than 412,000 X models in 2025.

BMW and MINI sold an estimated 16,118 EVs in the US through September. The big news is the all-new iX3, which starts at $61,500 and has an EPA-estimated range of up to 434 miles. Strong demand pushed US deliveries ahead of the scheduled September 25, 2026 start. For now, the iX3 comes from BMW’s plant in Debrecen, Hungary. That will change soon. BMW completed a $1.7 billion investment in its South Carolina plants on June 30, 2026, and the all-electric iX5 is set to be the first fully electric BMW built in the US, with production starting in late 2026. BMW plans to build at least six EVs in the US by 2030.

Key EV Products
✔ BMW iX3
✔ BMW i4, i5 and i7
✔ BMW iX
✔ iX5 (US production from late 2026)

Best for: Luxury buyers who want long range and sharp handling.

8. Subaru

Toyota owns 20% of Subaru, and the two companies develop Subaru’s EVs together. Subaru’s first EV, the Solterra, is built at a Toyota plant in Aichi, Japan. Subaru now offers three EV models in the US and will have a fourth soon.

Subaru is one of the few brands whose EV sales grew in 2026. It sold an estimated 14,630 EVs through September, up from 9,972 the year before. Third-quarter sales also rose, from 3,471 to 4,566. Subaru launched two new models in early 2026. The Uncharted is a smaller model that starts at $34,995, and the Trailseeker starts at $39,995, with up to 281 miles of range and 3,500 pounds of towing. The updated 2026 Solterra starts at $38,495 and can go up to 288 miles on a charge. Subaru also lists the Getaway, a three-row EV, as a 2028 model.

Key EV Products
✔ Subaru Uncharted
✔ Subaru Trailseeker
✔ Subaru Solterra
✔ Subaru Getaway (coming)

Best for: Subaru fans who want all-wheel drive and outdoor-friendly EVs at fair prices.

9. Volkswagen Group

Volkswagen Group was founded in 1937 and is based in Wolfsburg, Germany. It sells EVs in the US under the Volkswagen, Audi and Porsche brands. It also owns Scout, a US brand created in 2022.

The group sold an estimated 12,413 EVs in the US through September. Volkswagen accounted for 5,189, Porsche for 4,488 and Audi for 2,736. That’s a big drop from 2025, when Volkswagen alone sold 27,059 in the same period. Volkswagen stopped building the ID.4 at its plant in Chattanooga, Tennessee, in April 2026 and switched that line to the gas-powered Atlas, but built ID.4s should stay available into 2027. Volkswagen’s longer-term US EV bets are Scout, whose South Carolina plant is reportedly set to start production in summer 2028, and its 50% stake in a joint venture with Rivian. Volkswagen also holds about 16% of Rivian.

Key EV Products
✔ Volkswagen ID.4
✔ Porsche electric models
✔ Audi e-tron models
✔ Scout Motors (from 2028)

Best for: Buyers who want a European-designed EV, from a family SUV to a Porsche.

10. Lucid

Lucid started as Atieva in 2007 and changed its name to Lucid Motors in 2016. It is based in Newark, California, and builds the Air sedan and Gravity SUV at its plant in Casa Grande, Arizona. Saudi Arabia’s Public Investment Fund has been its majority shareholder since 2019. In April 2026, Lucid named Silvio Napoli as its next permanent CEO.

Lucid sold an estimated 7,916 EVs in the US through September. Worldwide, it delivered 3,806 vehicles in the third quarter of 2026 and produced 2,954 after cutting a second shift at its Arizona plant in June. Lucid says demand for the Gravity is regaining momentum. The Air earned an EPA rating of 520 miles per charge in 2020. Lucid is working on a midsize platform and showed the Cosmos and Earth SUVs in March 2026. A deal with Uber and Nuro calls for at least 20,000 self-driving Gravity SUVs on Uber’s platform.

Key EV Products
✔ Lucid Air sedan
✔ Lucid Gravity SUV
✔ Midsize platform (Cosmos and Earth)
✔ Gravity robotaxi program with Uber and Nuro

Best for: Luxury buyers who want maximum range and cabin space.

How to Choose the Right EV Company Partner in USA

Whether you’re buying one vehicle or a whole fleet, it’s important to know which of the EV companies in USA you’re buying from.

Check the Real Price

The $7,500 federal EV tax credit expired on September 30, 2025, so keep that in mind when comparing prices. Some states and utility companies still offer incentives that can help offset the cost.

Look at Range and Charging Speed

Make sure you compare each EV’s EPA-estimated range. Also find out how fast it charges from 10% to 80%. That gives you a better idea of how long your stops will be on a road trip.

Ask About Charging Access

Know which public charging networks your EV can use and whether you need an adapter. How many fast chargers are along the routes you drive? Check how much it will cost to install a charger at home, too.

Judge the Company’s Commitment

Some automakers are stepping away from EVs, while others are adding more. Find out whether the company you’re buying from plans to keep making EVs, because that affects software updates, parts and resale value.

Consider Where It’s Built

Cars built in the US can be less exposed to import tariffs. Tesla, Hyundai Motor Group, Rivian and Lucid all build EVs in the US, and BMW and Toyota plan to build EVs here soon.

Frequently Asked Questions About EV Companies in USA

Which company sells the most EVs in the USA?

Tesla. From January to September 2026, Tesla sold an estimated 386,194 EVs in the US. According to Cox Automotive, that gives it a 52.9% market share.

Are EV sales falling in the US?

Yes, compared with last year. After the federal tax credit ended, US EV sales in the first nine months of 2026 were about 30% lower than a year earlier. Third-quarter sales did rise 6.1% from the second quarter, though.

What is the cheapest new EV in the US?

Among the models covered here, the 2027 Chevy Bolt has the lowest starting price, at $28,995. Prices change, so always check with your local dealer.

Which EV company is best?

There’s no single best for everyone. It depends on what you’re looking for. Tesla sells the most EVs in the US. GM and Hyundai offer the most models to choose from. If you want an adventure EV, look at Rivian. BMW and Lucid are known for luxury and long range.

Conclusion

The market for EV companies in USA is smaller than it was a year ago. Some companies are stepping away from EVs, while others keep building new models and opening new plants in the US to make their EVs and batteries.

Tesla leads the way, followed by GM and Hyundai Motor Group. Toyota, Rivian and Subaru have grown their EV sales from last year. For buyers, that means more choice and more affordable models. These top 10 EV companies in USA are the ones to keep in mind when you shop for your next EV.

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Chirag Thakur

Editor, Business News · CEO Review Magazine

Chirag Thakur covers business news for CEO Review Magazine, along with markets, technology and industry explainers and the magazine's Top 10 rankings of companies and leaders.