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In January 2019, with 148,046 units sold since inception in the American market, the Model 3 overtook the Model S to become the all-time best selling all-electric car in the U.S. [218] Until 2019, the Nissan Leaf was the world's all-time top-selling highway legal electric car, with global sales of 450,000 units through December 2019. [207]
President Barack Obama behind the wheel of a new Chevrolet Volt during his tour of the General Motors Auto Plant in Hamtramck, Michigan in 2010. In his 2011 State of the Union address, President Barack Obama set the goal for the U.S. to become the first country to have one million electric vehicles on the road by 2015. [21]
EVs were so popular that even President Woodrow Wilson and his secret service agents toured Washington, D.C., in their Milburn Electrics, which covered 60–70 miles (100–110 km) per charge. [ 10 ]
To be clear: The American market for EVs is not collapsing. In the last quarter of 2023, EV sales were up 40% from the same quarter a year before, according to Cox Automotive.
Many popular cars released in the last few years fall under the full hybrid category. For example, the best-selling hybrid of all time, the Toyota Prius, has been a full hybrid for more than 20 years.
It existed as an independent organization until 1916 when it was absorbed by the National Electric Light Association (NELA) of which it became the Electric Vehicle Section. [ 2 ] When Williams first proposed the project on 6 May 1910 to a group of engineers involved in the industry, the original conception was of an organization local to New ...
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On January 10, 2020, Tesla become the most valuable American automaker to ever exist, with a market capitalization of US$86 billion. [179] On July 1, 2020, Tesla reached a market capitalization of US$206 billion, surpassing Toyota's US$202 billion to become the world's largest automaker by market capitalization. [180]