SINGAPORE – Tesla continues to lead the pack in electric vehicles registered here as sales shoot up for a second year, although other brands are closing in on the American icon.
The biggest gainer in terms of registration figures was BYD – it was just 89 units behind Tesla in 2022. Its 786 registrations translate to 21.6 per cent of all EVs delivered in the year. The brand’s market share in 2021 was 5.1 per cent. Polestar, a Swedish brand owned by Chinese auto group Geely, also put up a good performance in its first full year of business here, albeit in the more premium end of the market.