Tesla Leads Global EV OEM Sales from Q1-Q3: Report

by

TRENDING NOW

Zero and low-emission vehicles are beginning to pick up major steam – and their popularization couldn’t come soon enough, with the effects of the climate crisis beginning to take shape.

Of the original equipment manufacturers (OEMs) in the electric vehicle (EV) world, Tesla is sitting on top with the most cars sold between Q1 and Q3 in 2020, according to data from EV Sales Blogspot. With numbers compiled among both plugin hybrid electric vehicles (PHEVs) and battery electric vehicles (BEVs), Tesla sold 316,820 units worldwide, with Volkswagen, the next closest OEM having sold a total of only 231,415 units.

Following Volkswagen for most-sold BEVs and PHEVs by OEMs, we find Renault Nissan, Hyundai-Kia, and BMW Group, with 139,978 units sold, 123,519 units sold, and 120,620 units sold, respectively.

Tesla reported an impressive Q3 in earnings, having brought in $8.7 billion in revenue and $331 million in profits. As other EV manufacturers struggle to keep up with Tesla, whose global sales share in the automotive market is currently 18%, the US-based EV maker still pulling away from competition – and it’s still the only entire line of EVs, making it only natural for the company to retain so much of the market.

As other BEV and PHEVs continue to arrive to the scene, Tesla is slated very well going into a future of sustainable transportation – and it may even be the reason other companies are trying to take the plunge into EVs.

Previous

Starlink Internet Speedtest Results Crush Viasat, Hughesnet

Tesla Giga Berlin Plans Over 600 Onsite EV Charging Stations

Next