Tesla maintains top position in Q1-Q3 2021 BEV+PHEV sales

Tesla maintains top position in Q1-Q3 2021 BEV+PHEV sales

When it comes to electric vehicle (EV) sales, Elon Musk-led Tesla Motors continues to be the market leader but it may change sooner than later as many other manufacturers are trying really hard to catch up with the Palo Alto, California-headquartered electric car pioneer.

Available stats show that a number of conventional automobile manufacturers, such as Volkswagen, General Motors and Renault, are shifting their focus and resources from internal combustion engines (ICEs) to electric powertrains, posing a greater competition to Tesla.

According to EV-Volumes data, more than 4,256,000 units of plugs-in cars were sold around the world during the first three quarters (January through September) of the year. First, let’s have a quick look at the top OEMs in the overall plug-in market:

The plug-in market includes both BEV+PHEVs. In this category, Tesla continued to be the top manufacturer in the entire world, which is undoubtedly a big achievement as the Elon Musk-led manufacturer solely focuses on BEVs, not on PHEVs. Moreover, other OEMs are also investing bigger amounts into EV projects.

Despite losing a small percentage of the global plug-in market, Tesla topped the list of best sellers. It sold 627,371 units, grabbing 14.7 per cent of the market share. The figure represents a considerable decline from its market share of 18 per cent in the year ago period. However, it successfully maintained a noticeable advantage over rivals, the second best Volkswagen Group.

Volkswagen Group sold 522,701 units, accounting for 12.3 per cent share of the market. It also suffered a slight decline in market share. In the first nine months of last year, it had grabbed a market share of 13 per cent.

SAIC (including SAIC-GM-Wuling joint venture) sold 464,766 units, accounting for 10.9 per cent share of the market; while BYD and Stellantis sold 329,408 and 255,291 units, accounting for 7.7 per cent and 6.0 per cent shares of the market, respectively.

In total, the aforementioned manufacturers sold 2,199,537 units of plug-ins, collectively accounting for 51.7 per cent share of the market.

When it comes to battery-electric vehicles (BEV) only, Tesla again grabbed the top spot by selling 627,371 units and grabbing 21.5 per cent market share. With sales of 411,164 units and market share of 14.1 per cent, the second spot went to SAIC (including SAIC-GM-Wuling joint venture). Germany-based Volkswagen Group made its presence felt at second spot with 292,769 units sold in the nine-month period under review. BYD and Hyundai followed with 185,796 units (6.4 per cent share) and 139,889 units (4.8 per cent share), respectively. In total, these companies sold 1,656,989 BEVs, grabbing 56.9 per cent share of the market.