Plug-in vehicles (BEV + PHEV) sales: Top 15 by brand
- Now that there is enough electrified vehicles sales historic, we are able to analyse the evolution of plug-in vehicles (BEV + PHEV), sales by brand. Inovev has compiled the figures of the top 15 leading brands in this category of vehicles which is becoming increasingly popular in the global market. Inovev took the year 2015 as the basis for the calculations. What do we see?
- The American brand Tesla managed to outrun all its rival brands after the launch of the Model 3. In 2020, Tesla sold nearly 500,000 electric cars worldwide. The Chinese brand BYD, leader in this electric market before 2018, has not grown since 2019 and is even declining in 2020, due to strong competition (notably Tesla). Volkswagen became in 2020, the second leading brand in the BEV+PHEV market, thanks to the success of its ID3 and ID4. It only represents half of Tesla's sales in 2020, but the many future launches planned by the German brand should allow VW to close the gap with Tesla. The GM-Wuling brand is benefiting from the success of its recent small city car HongGuang. The Premium BMW and Mercedes brands are benefiting from the generalization of PHEV engines on their models, overtaking Renault, which held the third place in this market between 2016 and 2018 (this brand is seventh in 2020).
- In the first 4 months of 2021, GM-Wuling takes the second place while BYD falls to fifth place. Renault suffered a sharp fall, dropping from seventh to thirteenth place in 2021. Even the Peugeot brand passed Renault in 2021, thanks to its e-208, e-2008, 3008 PHEV and 508 PHEV. BMW and Mercedes maintain their positions. Nissan has disappeared from the top 15.
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