In recent days we found an interesting comparison of Tesla and BYD cumulative plug-in electric vehicle sales globally (see Kevin Rooke's video below), which shows us that Tesla has become the largest EV manufacturer in this metric.
According to the stats, Tesla was above BYD by Q1 2016 and then the sales boom in China allowed BYD to become #1, which lasted until the second half of this year. Now, Tesla is first again.
We decided to check our very own database to see whether that's the case. According to it, Tesla has delivered close to 800,000 cars through the end of September 2019 (255,561 in 9 months), which now is surely well above 800,000. By the end of this year, Tesla should be at nearly 900,000, by adding no less than 100,000 every quarter.
BYD, on the other hand, sold during nine months 185,919 plug-in electric cars and some 700,000 cumulatively.
Our chart shows a slightly different course of the race between those two biggest plug-in car manufacturers, which makes us believe that EV-Volumes data include also electric buses and trucks (well over 50,000).
Today, Tesla is able to boast higher cumulative sales, even if BYD includes buses/trucks.
Tesla & BYD Car Sales Cumulative (quarterly) - by September 2019
Tesla produces only all-electric cars, while BYD was engaged also in plug-in hybrids and almost exclusively in China.
BYD was also able to ride on a huge wave of the Chinese New Energy Vehicle boom, with significant incentives. Now, as incentives are much lower, BYD struggles to keep the previous pace. Tesla, on the other hand, engaged a higher gear through an introduction of the Model 3, which with the introduction of the upcoming Model Y will be even more difficult to catch for any other manufacturer.
The conclusion for now is that Tesla is:
- top selling all-electric car brand (and in general plug-in car brand)
- top selling all-electric car manufacturer (including multiple brands) (and in general plug-in car manufacturer)
- has top selling all-electric car model on the market (and in general plug-in model)
- sold the most all-electric cars cumulatively (even if other manufacturers will include plug-in hybrids, buses and trucks)
Video Description via Kevin Rooke on YouTube:
Tesla Is Officially The World's Largest EV Automaker
Tesla and BYD have been locked in a battle for the title of 'world's largest EV producer' for years now. Tesla has pulled ahead once again, and has now sold over 800,000 EVs in company history.