After a rough start of the year, the second half of 2020 became a record-fest, with 3 record months in the last 4 months of the year, December being one of them thanks to over half a million registrations.
Ever since Tesla’s original Roadster demonstrated that a plugin electric vehicle with over 240 miles of rated range was technically possible, even with the nascent technology that was deliverable way back in 2008, the ultimate transition of road transport from combustion to plugins has been largely inevitable.
Yesterday, I reported that the Tesla Model 3 had nearly 4× as many sales as the second best selling electric vehicle in the world in the first half of 2020, and more sales than the 2nd best selling, 3rd best selling, 4th best selling, 5th best selling, and 6th best selling plugin vehicles combined. Let’s now look briefly at plugin vehicle sales rankings by brand.
The top selling brands in the electric vehicle market are no big surprise, but the details are fascinating to look at.
We may have some more high-selling blockbuster electric vehicles in 2020, but 2019 had one electric vehicle that was in a league of its own, the Tesla Model 3. Through November, the Model 3 had almost 3× the sales of the world’s 2nd best selling EV, the BAIC EU-Series, and it had more than 4× the sales of the world’s 2nd best selling non-Chinese EV.
Tesla accounts for 1 out of every 6¼ global plug-in vehicle sales. The Tesla Model 3 alone accounts for 1 out of every 8 global plug-in vehicle sales, 13% of the global market.
Although we are far from the millions of plug-in hybrids (PHEV) and fully electric vehicles (EV) needed to slow down our pollution race, the 3 million mark of sold PHEVs and EVs has been reached globally.
It’s good news, bad news time at Bloomberg New Energy Finance. First, the good news. Global electric car sales (including plug-in hybrids) surged 63% in the third quarter of this year and are up 23% since the second quarter. BNEF is now confident EV sales will top 1,000,000 units this year. The bad news? China accounted for almost all of those increases.
Originally published on Kompulsa. 2014 looks like it will be an even better year for electric vehicles than 2013. IHS Automotive predicts that global electric vehicle production will increase by 67% in 2014, while global production for vehicles overall is forecast to increase by only 3.6%. This translates into a … [continued]
