battery electric vehicles

The Top Electric Car Manufacturers

Electric car sales are continuing to climb, despite the fact supply chain shortages have been disrupting the industry. Nearly 3 million fully-electric vehicles were sold worldwide from January to May in 2022, compared to 1.7 million in the same period of 2021 (an increase of more than 80 percent). Knowing that the last months of the year are typically strong for sales, analysts estimate that the market should pass the milestone of 7 million cars delivered this year.

The growing popularity of electric vehicles is resulting in increasingly fierce competition among manufacturers. When looking at year-on-date new registrations, Tesla retains the global "all-electric" lead for now, with more than 13 percent of sales in the first five months. But the gap with (and between) its competitors is narrowing. In second place, the SAIC-GM-Wuling joint venture has a market share of 9.3 percent, closely followed by China's BYD (up sharply) and Germany's Volkswagen at 8.5 percent each.

Correction: BYD's figures included sales of plug-in hybrids in the originally published chart. The data was corrected on July 7 by excluding these vehicles from the count (if the new version is not displayed: clear the browser cache and refresh the page).

Description

This chart shows the market share of BEV manufacturers in the first six months of 2022.

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U.S. quarterly battery electric vehicle sales 2020-2023
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