Prime all-electric automobile OEMs by gross sales in 2022: BYD pursues Tesla


All-electric automobile gross sales rapidly improve all over the world, in opposition to all odds, and the 12 months 2022 as soon as once more introduced new data.

On this publish, we’ll check out the gross sales outcomes of the three largest battery electrical car (BEV) producers (OEMs) globally – Tesla, BYD and Volkswagen Group (together with Volkswagen, Audi, Porsche, Skoda and SEAT manufacturers).

“The massive three” stays the identical, similar to in 2021, however fascinating issues are taking place, together with shuffling of positions between the German and Chinese language group.

BYD Atto 3
2021 Volkswagen ID.4 AWD exterior dynamic

Let’s begin with the fourth quarter of 2022. As we will see under, all three OEMs improved its outcomes to new document ranges.

Tesla delivered the best variety of electrical vehicles (over 400,000), however BYD with over 329,000 electrical vehicles (excluding plug-in hybrids) achieved the best progress fee of 142 % year-over-year. This allowed it to considerably scale back the space to Tesla.

In the meantime, the Volkswagen Group (over 205,000) was unable to match the amount of the 2 leaders.

BEV gross sales ends in This fall 2022:

  • Tesla: 405,278 (up 31% year-over-year)
  • BYD (vehicles): 329,011  (up 142% year-over-year) or 81% of Tesla’s outcome
    Distinction to Tesla: 76,267 (down 56% year-over-year)
  • Volkswagen Group*: 205,328 (up 29% year-over-year) or 51% of Tesla’s outcome
    Distinction to Tesla: 199,950 (up 34% year-over-year)

In 2022, Tesla delivered greater than 1.3 million electrical vehicles (a rise of 40 % year-over-year).

BYD stunned us with an unprecedented fee of progress, practically tripling its BEV gross sales to over 0.9 million models. That is over 400,000 models lower than within the case of Tesla, however the distinction was 35% decrease than a 12 months in the past. It is going to be very fascinating to see which firm will be capable to increase its electrical automobile enterprise quicker in 2023.

The Volkswagen Group famous over 570,000 electrical automobile gross sales, however with the bottom outcome among the many three and the bottom progress fee (26 %). The corporate misplaced its second place and is now noticeably behind BYD, not even mentioning Tesla.

BEV gross sales outcomes YTD:

Issues could be higher for the Volkswagen Group this 12 months, however it’s not anticipated that the corporate will exceed 0.9-1 million models (a possible improve of 75 %), which might be similar to Tesla’s end in 2021 and BYD’s end in 2022. In different phrases, the German firm can overlook for fairly a while about changing into the most important electrical automobile participant and overtake Tesla, about which we heard a number of years in the past.

Nonetheless, the “race” continues, and all three producers have the potential for additional quick progress as electrification barely entered the mainstream and solely within the wealthiest markets. We’re fairly certain that the 12 months 2023 could be spectacular for all three OEMs – and who is aware of, perhaps another automotive group will be part of the occasion.

* Volkswagen Group consists of Volkswagen (vehicles), Audi, Skoda, Porsche, Seat/Cupra, Volkswagen Industrial Autos, however for the sake of comparability we excluded MAN, Scania and Navistar.


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