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There’s a lot of good news in the EV world. Let’s start by looking at choices. In 2020, there were about 25 electric vehicle models on the market. Fast forward to 2025, and we have almost 70. From a unit sales perspective, we saw a 50% increase. In Q2 2022, about 193,000 EVs were sold in the U.S. That jumped to about 307,000 in Q2 2025. Tesla still holds the top spot with its Model Y and Model 3 sales making up 44% of the U.S. EV market. However, there is an exciting new model now holding third place. It’s the Chevy Equinox EV with over 17,000 units sold in Q2 2025 giving it 6% share of new EV sales.
There has been a lot of social media activity about how many choices there are and which ones to buy. Here are some of the more interesting comments that we saw on Reddit with a ton of responses.
ReliableRides started a long thread with this original post:
“Which EV would you actually buy in 2025?
So many EVs out right now․.. It’s kinda overwhelming.
I’ve been looking at the Model Y, Ioniq 5, and even the new Equinox EV.
Tesla has the charging network, but Hyundai and Kia look better and feel more comfortable.
If you had to pick one EV to buy this year, which one would it be and why?”
Doublestack00 responded with a comment about to avoid depreciation:
“A used one, let someone else take the massive deprecation hit.”
DazMR2 responded with a real example of buying used:
“We just bought a CPO (certified pre-owned) 2021 Audi e-tron for $28,500. It still has 6 years of warranty left on the battery and drivetrain. CPO added a 1-year 20,000 miles bumper to bumper warranty.
It retailed at $80,000 when new.”
Over on another corner of Reddit, stinger_02in made the following original post:
“Top 10 Bestselling EVs in the U.S. for first half of 2025
1) Tesla Model Y: 146,000 units sold (estimated)
2) Tesla Model 3: 80,000 units sold (estimated)
3) Chevrolet Equinox EV: 27,749 units sold
4) Ford Mustang Mach-E: 21,785 units sold
5) Hyundai Ioniq 5: 19,092 units sold
6) Honda Prologue: 16,317 units sold
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7) Tesla Cybertruck: 15,000 units sold (estimated)
8) Ford F-150 Lightning: 13,029 units sold
9) BMW i4: 12,849 units sold
10) Chevrolet Blazer EV: 12,736 units sold”
Shobed responded by noting the Chevy Equinox’s sales performance:
“The Equinox has been out for 1 year and it’s third on the list. That’s a great showing! I hope Chevy really pushes more of these out there, it’ll sell!”
theNewLevelZero added a comment about good news regarding GM and Rivian profitability:
“In their Q4 2024 report to shareholders, the CEO (Mary Barra) stated that they are profitable on a per-unit production basis (so not counting amortized development costs, just parts and labor of each unit). Rivian and GM both reported this in Q4, making them tied for second/third US companies to be profitable making EVs.”
For the 66 U.S. EV models that we analyzed, the data shows a highly fragmented field. Only five models sold more than 10,000 units in Q2 of 2025. They are the Tesla Model Y, Telsa Model 3, Chevy Equinox EV, Hyundai IoniQ5, and the Ford Mustang Mach E. These five models alone make up 56% of all new EV sales in Q2 2025. However, the long list of models is great news for prospective EV buyers, as it shows manufacturers’ commitments to electric vehicles and has created pricing competition.
When we look at the surprise third place finisher, we see a lot of positives about the Chevy Equinox EV. Shoppers praise General Motors for finally delivering a compact SUV that feels attainable, with pricing that undercuts many rivals while still bringing generous tech. The large center display with Google built in simplifies maps, charging stops, and voice controls, while available Super Cruise makes long drives easy. Standard safety features, a quiet ride, and a roomy second row win points with parents. Owners highlight useful cargo space for daily errands, quick DC charging on road trips, and the option for all wheel drive in winter climates. The familiar Chevy dealer network adds confidence, which turns the Equinox EV into a compelling first EV for many buyers.
Buying Patterns Settling In
As the U.S. EV market matured from 2022 to 2025 and grew to a much larger offering, we see that preferred vehicle types are starting to take on a familiar pattern. SUVs and crossover SUVs went from 54% of the market in 2022 to 69% in 2025. The decline came mostly from sedans with consumers preferences for them dropping from 41% in 2022 to 23% in 2025. The category preferred the most is the crossover SUV which now accounts for 58% of new EV sales. This probably shows American EV buyers’ preference for a versatile vehicle of reasonable size. Another reason for the crossover SUV preference is that more one-vehicle families feel confident enough to buy an EV over a gas-powered vehicle. This wouldn’t be possible without range anxiety diminishing.
Let Someone Else Take the Massive Depreciation Hit
Used EVs feel like the quiet, smart buy right now. Prices are stabilizing, and inventories are improving. Cox Automotive reports used EV sales up more than fifty percent year-over-year in June 2025, and Recurrent notes a broader stabilization that favors buyers. While it lasts, the federal used clean vehicle credit can lower costs further, offering up to four thousand dollars or thirty percent of the sale price for qualifying cars under $25,000.
A lot of popular EVs are being sold used at steep discounts. This includes certified pre-owned vehicles. A quick scan showed us some popular choices like the Mustang Mach-E and the Hyundai Ioniq 5. A certified pre-owned Mustang Mach E Premium can be found near $30,000, while the new model sells in the low to mid $40,000 range, which can help stretch your budget. We found a CPO Ioniq 5 SEL listed in the low $30,000 range, versus the low $40,000 range new, which keeps payments sane.
Peace of mind comes from coverage and data. Unlike five years ago, there is much more real-life data about battery degradation. For most modern, liquid-cooled EVs, credible datasets point to approximately 80% to 90% capacity at 10 years or 100,000 miles. Climate and fast-charging habits are the biggest swing factors. Warranties commonly back ≥70% capacity at the 8-year/100,000-mile mark, and some jurisdictions are pushing that bar higher. Battery health can be checked before purchase using tools like Recurrent’s Battery History or model-specific OBD apps such as LeafSpy, which reveal state of health and charging patterns.
Please Drop Your Thoughts in the Comments below
Which EV would you actually buy in 2025 and why?
How much battery capacity loss would you accept at 100,000 miles before walking away?
Chris Johnston is the author of SAE’s comprehensive book on electric vehicles, “The Arrival of The Electric Car.” His coverage on Torque News focuses on electric vehicles. Chris has decades of product management experience in telematics, mobile computing, and wireless communications. Chris has a B.S. in electrical engineering from Purdue University and an MBA. He lives in Seattle. When not working, Chris enjoys restoring classic wooden boats, open water swimming, cycling and flying (as a private pilot). You can connect with Chris on LinkedIn and follow his work on X at ChrisJohnstonEV.
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Source: torquenews.com
