The US EV Market 2030 is a detailed analysis that covers OEMs, Suppliers, Customers, Forecast, and competitor analytics. The US EV market grew by 24.5% from 2021 to 2025. But the growth from 2024 to 2025 was just 3.9%. In 2025, the After the IRA tax credit expires in Oct 2025. Afterward, the BEV segment share declined due to reduced demand in the price-sensitive segment. Across our 3 scenarios, the CAGR from 20206 to 2030 will be mostly in double digits.
The US EV market in 2030 is strategically important for OEMs, Suppliers, and Customers. In this analytics series, this part provides technical analysis of the US EV market from trend to forecast.
Semiconductors, Power Module packaging companies, and Inverters have begun targeting the 800V architecture in the US and European EV markets. The market share of the 800V models increased from 0.7% to 13.8% between 2021 and 2024. In 2025, the 800V EV architecture slightly decreases. The 800V technology has several benefits, but it is 10 to 15K USD more expensive than the 400V models. The 800V Models use only SiC semiconductors, which have supply constraints and are more expensive than Si or IGBTs.
On average, the 400V models are more efficient than the 800V models. However, the 800V models are more efficient for a specific vehicle body type, such as a crossover. It is mainly a matter of the technology’s suitability. When suppliers forecast, the EV body style matters. and the body style is a function of several factors in the buyer and the market.
SiC MOSFETs commanded 84.5% of the 2025 US EV market by units. However, it is dominant mainly due to Tesla’s market share. We have developed various scenarios for SiC demand analysis by 2030.
The SiC platform charge rate is high. When it combines with an 800V architecture, it is a significantly high charge. Genesis, Hyundai, and Kia are the first to adopt this technology in their vehicles.
Efficiency is the key to Tesla’s dominance in the EV market. Hyundai Ioniq 6, BMW i4, and Lucid 924V SIC are also highly efficient Electric car models. Many factors contribute to efficiency, such as dynamics, software, Weight, Heat management, etc.
The US EV Market is moving towards the premium segment. This is an interesting insight: buyers are more focused on value than just the price tag.
Architecture type Forecast 2030:
The 800V architecture is expected to reach 15 to 20% by 2030, depending on battery prices. If the EV price comes down to around 30-35K USD, this technology will see widespread adoption among buyers.
SiC will continue to gain market share regardless of the scenario, driven by its technical benefits and supplier promotion.
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