It was the first modern EV from a major manufacturer, and it was only available through lease agreements. Hyundai Motors (FRA:HYU) was the third-largest automobile manufacturer in the world by sales in 2022, and it came in sixth for EVs manufactured. (February 11, 2023). SAIC-GM-Wuling): 724,911 and 7.2% share (vs 10.5%), Tesla: 1,314,330 and 18.2% share (vs 23%), SAIC (incl. As companies such as Ford and Rivian continue to replace gasoline and diesel powered commercial vehicles, they are also prepared to introduce more consumer . Here's Who's Hiring Now, Tim Cook Owns Cryptocurrency -- So Do 68% of American Millionaires, How Many Americans Own Stock? It's doubtful that the Chinese company will be able to overtake Tesla this year, but the pursuit continues. Electric vehicle makers BYD, Lucid, and Fisker lead the industry in revenue growth . Electric Vehicle Market Overview According to Vantage, the global electric vehicle market held a value of 193,55 billion USD in 2022. However, other automakers that were fast to react to the rapidly evolving market, like Ford, Hyundai, and GM, are beginning to claim their shares. Ford, GM, and Hyundai brands are leading in this respect as they scale production of popular EV models such as the Mustang Mach-E, Chevy Bolt EV, and Hyundai IONIQ 5. Here are the 10 largest EV companies, including a new company at No. Includes battery-electric vehicles and plug-in hybrid electric vehicles. And while the industry is changing fast and next year's winners are likely to look a bit different, we want to highlight brands that have EVs available right nowno vaporware allowed. Popular models: Model S, Model 3, Cybertruck. Depending on your driving habits, though, that might not be reason enough to rule it out. Okaya EV , which has sold almost 2,000 units since the calendar year began, is now among the top EV OEMs for the first time, with sales of 3,875 units . Rivian R1T (PCMag Editor's Choice): $73,000 (before $3,750 tax credit), 270-mile range, Rivian R1S: $78,000 (before $3,750 tax credit), 260-mile range. Standardizing the platform across many vehicles benefits drivers by making it easier for the brand to release frequent software updates. Ford is another legacy automaker that embraced the electric vehicle movement, carrying its iconic Mustang brand into the new EV era. Its important to get out and see the cars and drive them if you can so you can find one that suits your personality.. This company's auto brands include Chrysler, Dodge, Fiat, and Jeep. In fact, the Tesla Model Y is on its way to becoming the top-selling car globally, and for good reason. The automakers first dedicated electric vehicle, the Kia EV6, has a sharp style and is fun to drive with surprising performance. New government incentives, such as the EV tax credit provided in the Inflation Reduction Act, are expected to drive demand even higher in the next few years. 1996-2023 Ziff Davis, LLC., a Ziff Davis company. Not only does the volume increase, but also the market share of particular OEMs. Chevrolet Bolt EV: $26,500 (before $7,500 tax credit), 259-mile range, Chevrolet Bolt EUV: $27,800 (before $7,500 tax credit), 247-mile range, Upcoming launches: 2024 Chevrolet Equinox, 2024 Blazer, 2024 Silverado. Long wait times have hampered the availability of its first two vehiclesthe R1T pickup and R1S SUVbut production has ramped up and more off-the-shelf options are available in the R1 Shop. From that time, I got an up-close view of how software engineering teams work, how good products are launched, and the way business strategies shift over time. We've combined Kia and Hyundai because they share a parent company, along with the higher-end Genesis brand, and run on the same sophisticated battery technology. It's activated by pressing a button on the steering wheel when driving and helps keep the vehicle in the lane, adjust speed, and perform lane changes. The website recommends interested buyers "contact your local dealer for inventory information.". An economic slowdown is one of the reasons cited, as well as January's . Accessed June 02, 2023. https://www.statista.com/statistics/960121/sales-of-all-electric-vehicles-worldwide-by-model/, Inside EVs. The American company launched its first battery-powered car in 2008, the Roadster. RIVIAN. Fords electric truck is capable enough for those looking to switch from its gas-powered peers while gaining a massive tech upgrade. 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As EV manufacturing picks up, automakers are racing to lock up critical battery materials necessary to build electric vehicles at scale. Volkswagen Group also lost one position and was third in 2022 with over 831,000 units. Total . While Martin Eberhard and Marc Tarpenning incorporated Tesla as Tesla Motors in 2003, the company is more closely associated with CEO Elon Musk. e.GO Mobile. Starting in 2024, an adapter will give you access to 12,000 V3(Opens in a new window) Superchargers. "A year ago I had mixed feelings since they were taking gas cars and making them electric, but now theyre doing the clean slate approach of building EVs from the ground up.. The IONIQ 5 also sits on the E-GMP platform as Hyundai reimagined every detail for its first dedicated EV. It's building a charging network with ChargePoint, which will use 100% clean electricity from solar and wind power. Sign up for What's New Now to get our top stories delivered to your inbox every morning. On top of this, the EV includes VWs advanced driver assistance tech called IQ.DRIVE, featuring travel assist, adaptive cruise control, active blind spot monitor, front assist, and more. If you're interested in investing in EV companies, you have several options, including: There are plenty of ways to add EV companies to your portfolio. So, so good." OTA software updates continuously refresh the technology as well, as this YouTuber shows(Opens in a new window). BYD significantly increased its BEV sales in 2022, reaching 913,052 units and a 12.6 percent share in the BEV segment. Fully electric vehicle sales reached over 800,000 in the United States, nearly doubling from 2021 to reach almost 6% overall market share, according to the latest figures from Motor Intelligence. Tesla remains on top by a far margin, accounting for 65% of total EV sales in the United States in 2022. The combined sales of these five companies comprise 83,475 units out of 1,04,755 EVs sold in May, accounting for 80% of overall sales last month. 20 Sep, 2021, 02:00 ET. It has also set a goal of delivering 10 million EVs to customers in total by 2030. (Tesla and Rivian also do not offer Apple CarPlay and Android Auto.). Some of these companies have made their mark on the automotive industry in recent years and only manufacture pure electric vehicles, such as Tesla, Inc. (NASDAQ:TSLA), Rivian Automotive, Inc.. "Being electric, it's the quietest, most responsive, most efficient, and has the most space compared to any other SUV," YouTuber Marques Brownlee said of the R1S in a recent video(Opens in a new window). Introduced in February 2021, the bold, futuristic-looking IONIQ 5 has already won several awards, capturing the hearts of many drivers making the switch to fully electric. BYD further strengthened as #1 with over 1.85 million units sold and an 18.4% share. While Stellantis was slower than other automakers to prioritize electrification, it's quickly catching up. Still, he was impressed by the car's 400 miles of range. He has served as CEO since 2008. Weitere Informationen darber, wie wir Ihre personenbezogenen Daten nutzen, finden Sie in unserer Datenschutzerklrung und unserer Cookie-Richtlinie. Newcomb gave the Bolt EV high marks in PCMag's review, and Stevens agrees: "The cost of the car is affordable and GM has lots of incentives. Its EV volume grew by more than 200%, allowing it to jump several places and take the top spot on this list. The electric vehicle market is projected to grow to a stunning 693,70 billion USD by 2030, which represents a compound annual growth rate (CAGR) of 17.3%. Here's the Data, The Best States to Retire, Based on What People Really Want, Thinking of Changing Careers? In, Inside EVs. All the Details You Need. A year ago, at that point, it was over 2.5 million. If that's not in your price range, the upcoming EX30 is a smaller, more affordable SUV likely priced below the Recharge cars, The Verge reports(Opens in a new window). So far, the Alliance has invested more than 10 billion Euros in electrification and is planning to invest another 23 billion Euros going forward. "More aerodynamic than any SUV the world has ever seen, Gravity distances itself from the competition with a previously unattainable combination of supercar performance and seating for up to seven adults," Lucid says(Opens in a new window). The company's sales were boosted by the Urban Cruiser Hyryder, Innova Hycross and . Some automakers didn't make the 2023 list simply because they do not offer any fully electric vehicles. and they're equally enticing. For one, the company's "Full Self-Driving" Autopilot technology costs $15,000. Upcoming Launches: 2024 Mercedes-Maybach EQS SUV, 2024 AMG EQE SUV. Plug-in electric vehicle market share by manufacturer 2022, Electric vehicles - global market size 2021 & 2027, To download this statistic in XLS format you need a Statista Account, To download this statistic in PNG format you need a Statista Account, To download this statistic in PDF format you need a Statista Account. The Chevy Bolt EV and EUV models had a massive year in 2022 despite resuming production in April due to a recall in 2021. "The more standardization, the more widespread testing and updates at lower cost. Fords year-end numbers indicate 39,458 Mach-Es were sold in 2022. "Im struggling to recommend the future of GM until I see what the new EVs are like, and they're taking away Android Auto and Apple CarPlay," Stevens says. I'm now a reporter with a focus on electric vehicles. The declining share was inevitable as legacy automakers look to catch Tesla's success, racing. Last year, I was driving a Ford F-150 Lightning and I couldnt go anywhere without people swarming around it," says Newcomb. Its most popular so far has been the Chevrolet Bolt, but it's being phased out to transition to new EV models. He is an experienced investor, financial writer, and EV enthusiast. The former are for quick charges, especially on road trips, while the latter are found in hotels and office complexes for those who can plug in for longer periods of time. "If we cannot find a clean energy source in an area, we will not set up stations there," Markus Schfer, Mercedes-Benz CTO, told PCMag at CES. BYD BYD Co Ltd is a Chinese EV manufacturer founded in February 1995 and based in Shenzhen. All-electric car registrations in Q1-Q4 2022 (vs previous year): Top 5 total: 3,854,110 (53.3% share)Others: about 3.38 million (46.7% share)Total: about 7.23 million. It also has a luxury division, Genesis Motors, and an EV sub-brand called Ioniq, which launched in 2020. Even as Tesla faces growing competition, it still leads by a mile in terms of sales. The fifth-largest OEM in the BEV segment was Geely-Volvo (5.3 percent share), which replaced the Hyundai Motor Group. That includes the Chevy Equinox (expected to be ~$30,000), Blazer, and Silverado. See also our previous reports for automotive groups: Source: Jose Pontes (EV Volumes) - CleanTechnica, China: Plug-In Car Sales Reached New Monthly Record In June 2022, Europe: Plug-In Car Sales Decreased 8% In June 2022, strengthen its advantage over Volkswagen Group, 2024 Volkswagen ID. The company's goal is to be able to produce 600,000 E.V.s a year by the start of 2024, and to make two million a year by . Chinese conglomerate BYD Company (OTC:BYDDY), which is short for "Build Your Dreams," is the global leader in EV manufacturing. Volvo products are very good," says Stevens. The F-150 Lightning has a cheaper starting price than Rivian R1T ($59,974 compared to $73,000), though premium trims easily boost the Rivian's price tag even higher. GM said the Chevy Bolt was the number 1 mainstream EV in the Q3 and Q4, ending the year on a high note. Top 5 total: 5,334,748 (52.8% share) others: 4,756,416 (47.2% share) Total: 10,091,164 Battery-electric only (BEV) In terms of all-electric car registrations, the top five manufacturers are. The Mustang Mach-E is more affordable than ever (though still slightly more expensive than a Tesla Model Y), thanks to a recent $4,000 price drop and its $3,750 tax credit. About $5.5 billion of that is going toward an EV plant to manufacture batteries. Although NIO's sales slipped from last month, year-to-date deliveries are up 15.8% to 43,854. BYD's EVs ranked No.1 in global sales for six consecutive years (from 2014 to 2019). Study: How Diverse is the Real Estate Investing Community? Subscribing to a newsletter indicates your consent to our Terms of Use and Privacy Policy. Toyota Car Sales May 2023: Toyota sold 19,379 units last month, recording a massive YoY growth of 89.6 percent. Our Top Suppliers lists show where . The ideal entry-level account for individual users. That's enough to overtake SAIC (incl. Learn more about how Statista can support your business. With an ever-evolving market, you may want to consider a lower commitment path to trying out new EVs. Directly accessible data for 170 industries from 50 countries and over 1 million facts: Get quick analyses with our professional research service. Otherwise, Teslas come with just a few "autonomous-light" features, like smart cruise control and autosteer. The first all-electric Volkswagen was called the Elektro Transporter, with a range of 43.5 miles and a 10-hour charge time. PCMag, PCMag.com and PC Magazine are among the federally registered trademarks of Ziff Davis and may not be used by third parties without explicit permission. "It has higher-resolution cameras, LiDAR, and a solid foundation of powerful core compute that allows for the types of algorithms we need to introduce self-driving [in the future].". Tesla, Inc., Toyota Motor Corporation, BYD Motors Inc., General Motors, Volkswagen Group, SAIC Motor Corporation Limited, BMW AG, Mercedes-Benz Group AG, Nissan Motor Corporation, AB Volvo, Hyundai Motor Company, Ford Motor Company, Great Wall Motor Company Limited, Chery Automobile Co. Ltd, and Dongfeng Motor Company, among others, are the majo. Study: What Are Gen Z and Millennial Investors Buying in 2022? After Id had my fill, I changed course and enrolled in a masters program for journalism at Northwestern University in Chicago. From this, a few key areas emerged as most pertinent to EV shoppers today: Does the brand make at least one EV? In the third quarter of 2022, electric vehicle sales continued to outpace their gas-powered predecessors, with a new record of over 200,000 EVs sold in three months. Two of these cars were used as support and camera cars during the 1972 Olympic Games in Munich. Up to 800-volt architecture, 350kW charging. Like Mercedes, BMW's dash software has improved in recent years but there's more work to do. Bank of America says this . Brand. To use individual functions (e.g., mark statistics as favourites, set "The C40 and XC40 Recharge drive really well and theyre incredibly quick. Tesla's in-vehicle dash system and mobile app also offer the most high-tech feel of any brand on the list. Founded by Elon Musk in 2003, Tesla leads the pack, accounting for more than half of EVs sold in the U.S. and with global sales reaching 14.5% market share in 2021. This California-based, pure EV newcomer offers some of the best tech and craftsmanship around. Available: https://www.statista.com/statistics/960121/sales-of-all-electric-vehicles-worldwide-by-model/, Best-selling plug-in electric vehicle models worldwide in 2022, Immediate access to statistics, forecasts & reports, Number of electric vehicles in use by type 2016-2022, Plug-in electric light vehicle sales worldwide 2015-2022, Global oil displacement due to EVs 2011-2022, Share of global vehicle sales in countries with policies supporting EV sales 2022, Average global EV financial subsidies at purchase in selected countries 2022, Global spending on electric cars by consumers and government 2017-2022, Electric vehicles stock share worldwide 2010-2022, Electric vehicles market share worldwide 2010-2022, Change in PEV registrations worldwide by market 2022, Largest regional EV markets based on sales 2021-2022, Global electric car sales by sales channel 2018-2022, Global sales of battery-electric vehicles 2022, Plug-in hybrid electric vehicle sales worldwide 2011-2022, Global FCEV fleet in selected country by vehicle segment 2022, Government spending on EVs by vehicle type and selected regions 2022, R&D expenses and intensity of selected automotive companies worldwide 2021, Venture capital investments in e-mobility start-ups by stage and technology 2022, Global venture capital investments in battery technology by stage and technology 2022, Global investments in digital infrastructure for the power grid 2021, by sector, Global public EV charging revenue forecast by charger type 2021, Global private EV charging revenue forecast by charger type 2021, Public EVSE chargers by country and type 2022, EVs per charging point worldwide 2017-2022, EVs per charging point worldwide by selected countries 2022, Charging per EV worldwide by selected countries 2022, Plug-in electric vehicle sales worldwide by brand 2022, Most popular BEV manufacturers worldwide 2022, Electric vehicle sales globally by model 2022, Range of selected electric vehicle models 2022, Consumers planning to buy next car by powertrain & country 2022, Leading reasons motivating EV purchase worldwide 2022, Leading reasons inhibiting EV purchase worldwide 2022, Power source consumers intend to charge electric vehicles 2022, Locations people expect to charge their electric vehicle 2022, Li-ion batteries: EV market demand by application 2030, Hybrid electric vehicles: global production 2015-2025, Battery electric vehicles: global production 2015-2025, Electric vehicle sales volume Thailand 2022, by type, Growth of electric vehicle sales volume Thailand 2022, by type, PEV: projected U.S. sales by manufacturer 2019, Plug-in hybrid electric vehicles: global production 2015-2025, Electric vehicles - U.S. zero emission vehicle sales 2015-2019, Batteries share of large EV costs 2016-2030, Italy: share of sales of electric and hybrid-electric vehicles 2013-2015, Amount of EV CO2 emissions in selected countries 2018, Level of range motivating the purchase of a 100% electric vehicle in France 2018, Electric vehicle sales volume in China and the rest of the world Q1 2015 to Q2 2018, Battery demand for electric vehicles China 2016, by type, Share of French people watching fashion shows 2017, Top ten nakedbike motorcycle models - sales in Australia 2015, Number of fan models in India by company 2017, 3D printer model market distribution worldwide 2017, Bandai Namco's share of the plastic character model market in Japan FY 2016-2022, Electric vehicle market in the Asia-Pacific region, Automotive industry in the Asia-Pacific region, Best-selling plug-in electric vehicle models worldwide in 2022 (in 1,000 units), Find your information in our database containing over 20,000 reports, deliveries of Tesla's Model 3 and Model Y, range anxiety and the geographical distribution of charging infrastructure. The Hongguang Mini was the top-selling EV in China in 2022 with sales of over 550,000 units, . Heres a breakdown of electric vehicle sales by EV model in the United States through the third quarter of 2022. 6. The PCMag Editors' Choice-winning Hyundai Ioniq 5 is a top-seller in the US. General Motors. ", Inside EVs, Best-selling plug-in electric vehicle models worldwide in 2022 (in 1,000 units) Statista, https://www.statista.com/statistics/960121/sales-of-all-electric-vehicles-worldwide-by-model/ (last visited June 02, 2023), Best-selling plug-in electric vehicle models worldwide in 2022 (in 1,000 units) [Graph], Inside EVs, February 11, 2023. The same functionality on a Tesla requires a $6,000 upgrade. The display of third-party trademarks and trade names on this site does not necessarily indicate any affiliation or the endorsement of PCMag. A dash (-) indicates either unknown, no sales, or the EV was launched this year, and there is no comparison to 2021. Musk first invested in the company in 2004, becoming the largest shareholder and chairman of the board. The first half of the year is already behind us so we can take a look at which companies are producing and selling the highest number of plug-in electric cars. Volkswagens ID.4 makes a great first EV for those looking for a roomy, safe vehicle for a decent starting price. Study: 47% of Americans have used ChatGPT for stock recommendations, Visualizing Global EV Production in 2022, by Brand, Copyright, Trademark and Patent Information. As we're now in the second quarter of the year, automakers . Charging-wise, Rivian is building out its Adventure Network, which will ultimately offer 3,500 200kW chargers strategically located in outdoor recreational areas. Wi-Fi Face-Off: Which Airports Offer the Best Connectivity. Sales of another E.V., the Mustang Mach-E, fell 20 percent that quarter. Bank of America ranks the biggest A.I. The company is aiming to sell 1.5 million electric cars by 2022. FTC: We use income earning auto affiliate links. Plug-in car registrations in H1 2022 (vs previous year): Top 5 total: 2,126,636 (51.1% share)others: 2,034,487 (48.9% share)Total: 4,161,123. At around $20,000 after the federal tax credit, Chevrolet's Bolt EV and Bolt EUV are the most affordable, most widely available EVs on the market. Its first EV was the BMW 1602 Electric, which could reach speeds of 100 kilometers per hour and had a maximum range of about 60 kilometers. Certain vehicles also qualify for up to $7,500 in federal tax credits. SAIC-GM-Wuling): 321,289 and 10.8% share (vs 14.5%), Volkswagen Group: 216,004 and 7.3% share (vs 10.7%), Hyundai Motor Group: 167,305 and 5.6% share. The Hyundai Kona EV scored an unexpected 12,000 registrations, which could be its last record score in a long time, considering the upcoming arrival of the much awaited Hyundai Ioniq 5 could. On top of this, new government incentives provided by the Inflation Reduction Act, passed in August, provide buyers with up to $7,500 for new EVs and up to $4,000 for used ones. Overall sales surged 126% year-on-year to around 271,000 units in 2022. As a Premium user you get access to the detailed source references and background information about this statistic. As you can see, Tesla remains the clear leader in the US market. Please create an employee account to be able to mark statistics as favorites. The all-electric luxury Model S sedan was a primary driver behind the mainstream EV movement with quick acceleration (0 to 60 in 3.1 seconds), extended range, and confident handling. (We do, however, note upcoming launches, in case it's worth the wait.). At CES 2023, BMW unveiled a humanoid concept car named Dee to showcase the advanced head-up display and voice technology. ", Nissan Ariya: $43,190, 216-304 mile range (8 battery options). Which States Produce the Most Renewable Energy? 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