Tesla (Still) #1 in World BEV Sales — 2023 World EV Sales Report

, we’re now closing out the 2023 World EV Sales Report series with a look at the automotive groups or alliances that sell the most plugin electric vehicles and that sell the most pure 100% electric vehicles., BYD repeated the 2022 title win, with an 8.8% share advantage over Tesla . BYD gained 0.1 percentage point compared to Q3 2023, and a significant 3.6% points compared to a year ago, while Tesla dropped 0.8% compared to Q3 and gained 0.2% compared to 2022.

With the growth trend surely continuing throughout 2024, and with Geely–Volvo just half a point below #3 Volkswagen Group, expect a fierce fight for the bronze medal between these two in 2024. , Tesla again got the title, with 19.1% share of the global BEV market. That is a gain from the 18.2% share of 2022, but a full one point less than it had in Q3 2023, and far from the 23% it had at the end of 2020. Still, 19.1% share is a notable feat considering the current diversification process.

Volkswagen Group lost its podium position in the last stage of the race, ending the year again in 4th after having lost just 0.1% share compared with 2022. Still, it is by far the best performing legacy OEM, with close to 1 million plugins in 2023, so its survival in the long term is well assured. Funny enough, it was the quick EV turn made possible by the Dieselgate scandal that allowed this to happen.

Source: Energy Industry News (energyindustrynews.net)

United States Latest News, United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Elon Musk's Reported Drug Use Puts Tesla Board in a QuandaryElon Musk's history of drug use and ongoing consumption of ketamine is causing concern among Tesla board members. Shareholders have previously expressed dissatisfaction with the board and accused Musk of being distracted by his other commitments. The board now faces the challenge of deciding how to address the financial and legal risks associated with Musk's behavior.
Source: OakTribNews - 🏆 597. / 51 Read more »

California's Transition to Electric Cars Faces SetbacksSome automakers are reducing production of electric cars and Tesla sales have dropped. Can California sustain its record pace and meet the state mandate?
Source: CalMatters - 🏆 261. / 63 Read more »

Presidents' Day sales 2024: Everything you need to knowLooking to save some serious cash on things like grills, electronics, mattresses, tires and more? Check out these fantastic Presidents' Day deals!
Source: therealautoblog - 🏆 528. / 51 Read more »

Tesla Model 3 Tire Change, Tesla Supercharging, Cupra Born, Fisker Ocean, Greg LeMond, Bluetti EP500 Pro, Electric Mercedes AMG EQE53, ORA Test DriveRecent updates on Tesla Model 3 tire change, Tesla Supercharging, Cupra Born, Fisker Ocean test drive, Greg LeMond's achievements, Bluetti EP500 Pro review, electric Mercedes AMG EQE53, and ORA test drive.
Source: cleantechnica - 🏆 565. / 51 Read more »

Tesla employees bracing for potential layoffs: reportThe EV maker has also canceled some job reviews, according to Bloomberg
Source: MarketWatch - 🏆 3. / 97 Read more »

Delaware Judge Throws Out Elon Musk's 2018 Pay PackageA Delaware state court judge has ruled that the 2018 pay package of Tesla CEO Elon Musk, which made him one of the richest people in the world, is invalid. Musk and the Tesla board failed to prove that the compensation plan was fair. The stock options Musk received as part of the package are worth $51 billion today.
Source: cnnbrk - 🏆 393. / 55 Read more »