, we’re now closing out the 2023 World EV Sales Report series with a look at the automotive groups or alliances that sell the most plugin electric vehicles and that sell the most pure 100% electric vehicles., BYD repeated the 2022 title win, with an 8.8% share advantage over Tesla . BYD gained 0.1 percentage point compared to Q3 2023, and a significant 3.6% points compared to a year ago, while Tesla dropped 0.8% compared to Q3 and gained 0.2% compared to 2022.
With the growth trend surely continuing throughout 2024, and with Geely–Volvo just half a point below #3 Volkswagen Group, expect a fierce fight for the bronze medal between these two in 2024. , Tesla again got the title, with 19.1% share of the global BEV market. That is a gain from the 18.2% share of 2022, but a full one point less than it had in Q3 2023, and far from the 23% it had at the end of 2020. Still, 19.1% share is a notable feat considering the current diversification process.
Volkswagen Group lost its podium position in the last stage of the race, ending the year again in 4th after having lost just 0.1% share compared with 2022. Still, it is by far the best performing legacy OEM, with close to 1 million plugins in 2023, so its survival in the long term is well assured. Funny enough, it was the quick EV turn made possible by the Dieselgate scandal that allowed this to happen.
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