BYD, Tesla Expand Their Share In Global EV Market: Q1-Q3 2023 Ranking

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The top five OEMs are responsible for more than half of all plug-in car sales during the first nine months of 2023. Tesla and BYD are expanding their share.

More than 9.4 million plug-in electric cars were sold during the first nine months of 2023, accounting for about 16 percent of the total car sales globally. Today, we will take a look at the largest manufacturers of rechargeable cars. According to EV-Volumes data, shared by researcher Jose Pontes, five OEMs continued to be responsible for more than half of all plug-in car sales. See September and year-to-date sales results here.

9% share Tesla: 1,323,868 and 14% share Volkswagen Group: 683,921 and 7.2% share Geely-Volvo: 579,005 and 6.1% share SAIC : 514,670 and 5.4% share Top 5 total: 5,171,992 and 54.7% shareOthers: 4,287,027 and 45.3% shareTotal: 9,459,019 Battery-Electric Vehicles In terms of all-electric car registrations, the BEV-focused Tesla is the top manufacturer . The company noted over 1.3 million registrations, which is 20.1 percent of the BEV segment .

 

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