Following up on our tales about the most effective promoting plugin autos on the earth and the automotive manufacturers that promote probably the most plugin electrical autos on the earth, we’re now closing out the 2022 World EV Gross sales Report collection with a have a look at the automotive teams or alliances that promote probably the most plugin electrical autos and that promote probably the most pure 100% electrical autos.
Auto Teams/Alliances That Promote The Most Plugin Autos — 2022
If we collect plugin car gross sales by automotive group, Tesla (13% share of the plugin car market) misplaced the 2022 title to BYD (18.4% share). BYD gained 1.1 share level in comparison with Q3 2022, and an enormous 9 factors in comparison with a yr in the past, whereas Tesla dropped 0.3% in comparison with Q3 and 1% in comparison with 2021.
Volkswagen Group remained in third, successful 0.2% market share in comparison with Q3 and shedding 4 share factors in comparison with 2021.
SAIC (7.2%, down from 7.4% in November) stayed in 4th, however the Shanghai automaker continued to lose share at a regarding price, shedding 0.4% in comparison with Q3 and a few 4% YoY.
How will the race for bronze unfold in 2023? Volkswagen Group ought to win it by a ways. I don’t suppose SAIC has sufficient firepower to get near the German conglomerate that, in its flip, is hoping to get well some floor on the highest two. The Shanghai Group can be blissful if it may merely cease the market share bleed.
Within the C-League, Geely–Volvo (6%, up from 5.9%) continued to rise, having gained 0.3% within the final quarter of the yr, and a few 2% share YoY. It now seems to make amends for SAIC someday throughout this yr.
#6 Stellantis (4.7%) and #7 Hyundai–Kia (4.6%) are competing for the sixth place, and it ought to stay that method throughout 2023.
Regardless of what’s going to occur in 2023, the large gainers in 2022 had been BYD and Geely–Volvo.
Auto Teams/Alliances That Promote The Most Pure, 100% Battery-Electrical Autos — 2022
Wanting solely at BEVs, Tesla once more obtained the title, with 18.2% share of the worldwide BEV market. That may be a drop from the 21% share of 2021, 0.3 lower than it had in Q3 2022, and much from the 23% it had on the finish of 2020. Nonetheless, 18.2% share is a notable feat contemplating the present diversification course of.
The silver medal this time went to BYD (12.6%), which had been 4th in 2021, gaining 5% share within the course of! In comparison with Q3 2022, the Chinese language automaker gained 0.7% share.
Now, the query many had been ready for: Will BYD beat Tesla in 2023 in BEVs?
Hmmm … I feel it’s too quickly to guess. It’s true, although, that if present tendencies proceed all through 2024, which may occur across the second or third quarter of that yr. Tesla ought to proceed shedding share throughout 2023, and BYD will proceed gaining share, one of many causes being the truth that BYD’s lineup will turn into extra BEV-heavy this yr (the Seagull and Sea Lion will play a major position there). Another excuse is that exports are principally targeted on BEVs, with PHEVs solely being utilized in choose markets.
So, whereas BYD share within the plugin market may stagnate in 2023, as a result of it is going to have the next mixture of BEVs, its share within the BEV-only market will proceed to develop.
SAIC, which ended the yr with 9.3% share, down from 9.6% in November, was the bronze medalist, having misplaced half a share level in comparison with Q3 2022 and a few 4 factors in comparison with the 2021 end result.
Volkswagen Group (7.9%, up 0.4%) was off the rostrum this time, ending the yr in 4th after having misplaced 2 share factors in contrast with 2021.
In fifth, we now have a rising Geely–Volvo (5.3%, up from 5.1% in November). It gained 0.5% share in comparison with Q3 2022, and a full one share level in comparison with 2021.
Taking a look at these outcomes compared to the BEV+PHEV tables and charts, it’s the identical high 5 gamers. The variations are the place modifications between BYD and Tesla, and between SAIC and Volkswagen Group.