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Opening a company in the USA
ExportUSA opens US incorporated companies in all of the United States. We can open both LLCs and corporations
https://www.exportusa.eu/opening-a-company-exportusa.php
(+1) 718-5225575
(+1) 718-5225575
Updated on October 17, 2025
based on data updated to 2024:
In the first quarter of 2025, the US market for newly registered light vehicles was still dominated by internal combustion engine (ICE) models and hybrid electric vehicles, which together accounted for about 89.8% of total sales.
Fully electric vehicles (EVs) made up about 8.1% of the total, while plug-in hybrids (PHEVs) added another 2.1%.
Despite traditional engines still holding the majority of the market, their share is steadily declining, while there's a significant increase in demand for electric and hybrid vehicles, indicating a structural transformation in consumer preferences and the industrial strategy of the US automotive sector.
In the United States, the market for new registrations is dominated by SUVs and CUVs [crossovers], which account for about 59% of total sales. They are followed by traditional cars (sedans) with 18.66%, pickups with 18.03%, and finally vans and minivans with 4.21%.
Breakdown by vehicle type:
source: Alliance for Automotive Innovation
Since the early '90s, domestic car production in the US has been declining while car production in Mexico and Canada has increased, followed by exports to the USA
Updated on May 11, 2025
In 2024, electric car sales in the United States reached approximately 1.7 million electric vehicles (EVs), an increase of 21% compared to 1.4 million cars sold in 2023. This volume represented 10.2% of new EV registrations globally in the same year.
In the first quarter of 2025, nearly 300,000 electric vehicles (EVs) were sold in the United States, according to the latest report released by Kelley Blue Book. This marked a sales increase of 11.4% compared to the first quarter of 2024
In 2023, the US automotive landscape presents an intriguing paradox: while the number of miles traveled by Americans reaches record figures, gasoline consumption still hasn't surpassed the levels recorded two decades ago. This phenomenon reflects not only technological advancements leading to increasingly efficient internal combustion engine (ICE) vehicles but also a decisive shift towards the sale of electric vehicles (EVs) in America, which are beginning to leave an indelible mark on the market.
At the heart of this transition are significant innovations and growing environmental awareness, factors that together are reshaping consumption and mobility habits among Americans. This structural change marks the beginning of an era where efficiency and sustainability are central to consumer choices and industrial policies, promising a future with lower fossil fuel consumption.
Updated on May 11, 2025
According to the U.S. Energy Information Administration (EIA), in 2024, gasoline consumption in the United States – calculated as the amount of gasoline delivered to all service stations in the United States – increased only marginally by 0.25%, settling at 8.97 million barrels per day. This level remains below that of 2004, despite the American population having grown by 47 million people (+16%) over two decades
Compared to the peak in 2018, gasoline consumption in the American market has decreased by 3.9%. In per capita terms, gasoline demand in the USA has decreased by 16% compared to 2004 and by 21% compared to 1978; the reduction recorded in 2024, in line with the multi-decade trend, is 0.5%.
Updated on April 8, 2024
Throughout 2023, gasoline consumption in the United States provided a revealing snapshot of how mobility habits and vehicle technologies have undergone significant transformations over the past two decades. With a total of 376 million gallons per day, consumption increased by 1.5% compared to the previous year. However, this figure masks a more complex and profoundly changed reality compared to the past. Compared to the peak in 2019, consumption decreased by 3.9%, returning to levels last seen in 2003. This trend reflects not only annual variations but also indicates a long-term downward trend, interrupted only by historical lows.
The comparison with the peak in 2019 is particularly instructive. That year marked the peak of gasoline consumption in the United States, before a combination of factors began exerting downward pressure on demand. These include an increase in the efficiency of internal combustion engine vehicles, driven by technological innovations and stricter energy efficiency regulations, and a gradual transition towards electric vehicles.
These data tell a story of adaptation and change: miles driven continue to grow, reaching record levels, but thanks to more efficient vehicles and the increasing adoption of EVs, the gasoline demand to support this mobility is declining. In this context, gasoline consumption in the USA is no longer solely an indicator of the number of trips made but also reflects technological choices and sustainability policies adopted. This paradigm shift suggests that while society continues to move, it does so with an increasingly keen eye on energy efficiency and environmental impact.
The transition to electric (EV) and hybrid vehicles represents a crucial turn in reducing gasoline consumption and promoting greater energy efficiency. These vehicles, thanks to their ability to travel more miles per kWh of electricity or per gallon of fuel in the case of hybrids, are emerging as key players in a revolution that promises to reshape the global automotive landscape. In 2023, the second best-selling model in the United States was an electric vehicle, an unmistakable signal of the growing appetite for this technology. EV sales represented 8.6% of all new vehicle sales in the American market in the last quarter of the year, according to Experian.
In California, the largest automotive market in the USA, the situation is even more pronounced: sales of new internal combustion engine vehicles, including hybrids and plug-in hybrids, have decreased by 30% since 2016, while sales of electric vehicles have surged. The market share of EVs in California reached 21.4% in 2023, demonstrating the state's pioneering role in adopting sustainable transportation technologies.
This impressive growth in the electric and hybrid vehicle sector not only demonstrates a change in American consumer preferences but also an evolution of the automotive industry towards greener and more sustainable solutions. The push towards consumption efficiency, combined with the reduction of fossil fuel dependency, highlights the potential of these vehicles to significantly contribute to reducing the carbon footprint of the transportation sector.
Moreover, the increase in EV sales is having a notable impact on the energy market, with a growing demand for electricity opposing a decline in gasoline demand. This scenario suggests a gradual but inexorable transformation of the energy ecosystem towards a model where electricity plays an increasingly central role, driven by the capacity of electrical grids to support a growing number of electric vehicles. The revolution of electric and hybrid vehicles, therefore, represents not only a technological transition but also a cultural and social change towards more sustainable consumption models.
Over the past twenty years, internal combustion engine (ICE) vehicles have seen significant improvements in efficiency and power, thanks to major technological innovations. Since 1975, vehicle efficiency in terms of fuel consumption has doubled, rising from an average of 14.6 miles per gallon (mpg) to nearly 30 mpg in 2023. This leap in efficiency, combined with an increase in the average power of vehicles, has helped curb the growth of gasoline consumption, despite the increasing number of miles driven annually.
The improvement in ICE vehicle efficiency, along with the expansion of the electric and hybrid vehicle market, has had a significant impact on gasoline consumption. Despite the popularity of SUVs and trucks, which traditionally consume more fuel, the automotive industry has managed to offset these consumption increases through technical innovation. As a result, the increase in efficiency has represented a "positive brake" on gasoline consumption, allowing the reduction of the environmental footprint of transportation while maintaining high standards of performance and comfort for users. These technological developments not only improve the sustainability of ICE vehicles but also pave the way for a smoother transition to an electric mobility future.
The decline in per capita gasoline consumption in the United States, which has seen a 15% decrease since 2003 and 21% since 1978, has important socioeconomic and environmental implications. This reduction reflects a trend towards greater vehicle efficiency and an increasing adoption of electric vehicles, marking a significant step towards reducing dependency on fossil fuels. From an environmental perspective, the increase in vehicle efficiency and the expansion of the electric vehicle market contribute to a decrease in greenhouse gas emissions, a key factor in the fight against climate change. These innovations in the transportation sector reduce air pollution and improve air quality, with direct benefits for public health.
On the economic front, the reduction in gasoline consumption and the increase in vehicle energy efficiency allow consumers to save on fuel, thereby reducing transportation expenses. Moreover, the growth of the electric vehicle sector stimulates innovation, creates new jobs, and promotes the development of clean technologies, contributing to a more sustainable energy transition. In summary, the decline in per capita gasoline consumption and the shift to more efficient and electric vehicles bring significant benefits for the environment and the economy, supporting cleaner and more sustainable development.
The expansion of the electric grid to support the increase in electric vehicles is a manageable challenge that offers opportunities for electric companies, improving infrastructure use during nighttime hours. Nighttime charging optimizes grid utilization, reducing the need for new power plants. This model favors the integration of renewable energies and promotes energy efficiency through advanced charging infrastructures. Ultimately, adapting the grid for electric vehicles is not only feasible but brings economic and environmental benefits, supporting a transition to cleaner energy sources.
This article is published with the kind permission of WOLFSTREET and its founder WOLF RICHTER
ExportUSA opens US incorporated companies in all of the United States. We can open both LLCs and corporations
https://www.exportusa.eu/opening-a-company-exportusa.php
ExportUSA has created a program for finding distributors in the mechanical, engineering, machinery, and industrial goods sector.
https://www.exportusa.eu/distributors-industrial-machinery-exportusa.php
ExportUSA offers all logistics services for the United States. We have a warehouse in Ohio that we make available to our clients
https://www.exportusa.eu/logistics-services-exportusa.php
ExportUSA handles applications for all types of United States visas. We specialize in applications for work visas.
https://www.exportusa.eu/us-visas-exportusa.php