Tesla still dominates EV manufacturing.North American factories cranked out 219,000 battery-powered cars and trucks in the first three months of the year, a 39% increase over the year-earlier period.Tesla Inc., which has recently sparked a price war in the global EV market, continues to dominate it.more than 150,000 cars in total. 31 to be sold, according to the Ministry of Ecology and Environment.įive new EV models drive up North American factory production. Cars that qualified as “monitor only” under the Phase 6b Real Driving Emissions test have a grace period until Dec. The buy, if fully executed, may be the largest single purchase of electric buses to date in North America.Ĭhina’s new emission rules pressure car dealers to clear stocks.After July 1, vehicles that don’t meet Phase 6b standards will be banned from being produced, imported or sold. Quebec, Ottawa and Nova Bus announce $2.1-billion deal for 1,229 electric buses. Global plugin electric car sales forecast to grow exponentially this decadeīloombergNEF forecasts (as of mid 2022), "plug-in electric vehicles sales rise from 6.6 million in 2021 to 20.6 million in 2025" and "by 2025, plug-in electric vehicles represent 23% of new passenger vehicles sales globally, up from just under 10% in 2021."Ģ022 - BloombergNEF long term EV forecast (global EV share to exceed 70% by 2040)īloombergNEF forecasts ~40.4% global passenger EV market share in 2030 and 75.3% in 2040 (published June 2022) Note: Trend Investing's forecast for 2023 is about 14.35m sales (17.5% market share). Note: 73% of electric car sales in 2022 were 100% battery electric vehicles (BEVs), and 27% were being plugin hybrids.īloomberg breakdown of EV sales by year and region ( source) - Forecasts 13.6m plugin electric car sales in 2023 Global electric car sales reached 10.522m in 2022 and 13% market share ( source) Global EV sales forecasts in the years ahead Top selling global plugin electric car auto groups Jan-April, 2023 ( source) Also the team at EV-Volumes for their great work. Note: An acknowledgement to Jose Pontes and the team at CleanTechnica Sales for their work compiling all the electric car sales quoted above and charts below. Note: The above sales include light commercial vehicles. Note: Globally 100% battery electric vehicles represented 70% market share YTD. CleanTechnica recently reported U.S 100% battery electric car sales in Q1, 2023 were up 66% YoY stating: "Pure electric vehicle sales rose to 7.1% of US auto sales in the 1st quarter of 2023." USA plugin electric car sales were reported by Bloomberg in March 2023 as having reached 7.6% market share. Note: Australia reached 9.5% share in April 2023, up over 3x YTD YoY. Electric car market share in China for April was 35%, and 33% YTD.Įurope plugin electric car sales were 197,000 in April 2023, up 25% YoY, reaching 21% market share and 21% YTD. Global plugin electric car market share in April was 14%, and 13% YTD.Ĭhina plugin electric car sales were over 500,000 in April 2023, up 93% on April 2022 sales. Global plugin electric car sales were 928,000 in April 2023, up 70% on April 2022 sales. The EV disruption is here! Global electric car sales as of end April 2023 This marks a huge turning point in 2023, that an electric car is now the global number one selling car. The biggest news item for the month was that Tesla Model Y became the best selling car globally in Q1, 2023, of ALL types of cars (including internal combustion engine cars). May saw strong April global plugin electric car sales and another very busy month of news. Welcome to the May 2023 edition of Electric Vehicle company news. I do much more than just articles at Trend Investing: Members get access to model portfolios, regular updates, a chat room, and more.Fisker delivers first all-electric Fisker Ocean SUV. China EV upstart Hozon Auto stuns rivals with sales surge.
Great Wall Motors opens EV factory in Brazil.
GAC Aion sold a record 41,012 vehicles in April, up 301% YoY. BMW sales of BEVs up 112% YoY in Q1, 2023. Stellantis targets 9 new BEVs launches in 2023.
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