5 EVs That Prove The Market Is Getting More Serious
The US electric vehicle market has cooled, with EV share falling to 5.8% in the fourth quarter of 2025, but buyers are now looking for more practical and affordable EVs. Models like the Chevrolet Equinox EV and Hyundai Ioniq 5 are gaining traction with competitive range, realistic pricing, and improved charging access.
The US electric vehicle market has shifted from subsidy-driven optimism to a more practical and patient buyer base. Kelley Blue Book reported that EVs made up 7.8% of new cars sold in America in 2025, falling to 5.8% in the fourth quarter. Cox Automotive said EVs accounted for 5.8% of total new-vehicle sales in the first quarter of 2026. The Chevrolet Equinox EV starts at $34,995 and offers up to 319 miles of EPA-estimated range. It ranked fifth among best-selling EVs in the first quarter of 2026 with 9,589 sales. The Hyundai Ioniq 5 brought a factory NACS port, making it one of the first non-Tesla EVs with native Tesla-style charging hardware, and saw a 14% sales rise in the first quarter of 2026 to 9,790 units. Automakers are now focusing on competitive range, realistic pricing, and charging access to meet the new market expectations.
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