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Automotive Industry: Current State of EV Sales: Difference between revisions
Automotive Industry: Current State of EV Sales (view source)
Revision as of 15:02, 3 July 2023
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* Ford market share grew from 5.2% to 8.4%. | * Ford market share grew from 5.2% to 8.4%. | ||
* Volkswagen's market share grew from 4.2% to 6.0%. | * Volkswagen's market share grew from 4.2% to 6.0%. | ||
* Hyundai market share declined to 5.4% from 7.8%. | * Hyundai market share declined to 5.4% from 7.8%. | ||
=== China Market === | === China Market === | ||
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* According to Counterpoint Research, BYD was the top EV seller in China in 2022 with a market share of 29.7%, followed by General Motors(GM) with 8.9% and then Tesla 8.8%<ref>https://www.counterpointresearch.com/china-ev-sales-2022/</ref>.The likes of Volkswagen did not appear in the top 5 list. | * According to Counterpoint Research, BYD was the top EV seller in China in 2022 with a market share of 29.7%, followed by General Motors(GM) with 8.9% and then Tesla 8.8%<ref>https://www.counterpointresearch.com/china-ev-sales-2022/</ref>.The likes of Volkswagen did not appear in the top 5 list. | ||
* According to Reuters, the combined EV market share of Audi, BMW, Volkswagen and Mercedes-Benz added up to only a quarter of BYD's in 2022<ref>https://finance.yahoo.com/news/analysis-german-automakers-fight-defend-165410582.html</ref>.[[File:Top 5 EVs in China 2022.png|thumb|692x692px|Source: CounterPoint Research]] | * According to Reuters, the combined EV market share of Audi, BMW, Volkswagen and Mercedes-Benz added up to only a quarter of BYD's in 2022<ref>https://finance.yahoo.com/news/analysis-german-automakers-fight-defend-165410582.html</ref>.[[File:Top 5 EVs in China 2022.png|thumb|692x692px|Source: CounterPoint Research]] | ||