Global Plug-In Electric Car Sales Increased 55% In May 2022

Almost 700,000 units registered last month indicates strong momentum despite challenges.

Wuling Hong Guang MINI EV Macaron

Mark Kane

By: Mark Kane

Jul 6, 2022 at 8:56am ET

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Global passenger plug-in electric car sales noticeably increased in May, which is a positive sign, considering challenging economy and supply issues.

According to EV-Volumes data, shared by Jose Pontes, some 699,708 new passenger plug-in electric cars were registered in May, which is 55% more than a year ago. Market share amounted to about 12%, including 8.6% for all-electric cars.

An interesting thing is that all-electric car sales are not only over two times higher than plug-in hybrids but also increase faster, while non-rechargeable hybrids are down for the second month in a row.

Plug-in car registrations:

BEVs: about *501,000 (up 65% year-over-year) and 8.6% share
PHEVs: about *198,000 (up 37% year-over-year) and 3.4% share
Total: 699,708 (up 55% year-over-year) and 12.0% share

* estimated from the market share

Global Plug-In Electric Car Sales – May 2022

So far this year, more than 3.2 million new passenger plug-in electric cars were registered globally, compared to almost 6.5 million in the twelve months of 2021.

Plug-in car registrations year-to-date:

BEVs: about *2.39 million and 8.1% share
PHEVs: about *0.85 million and 2.9% share
Total: 3,240,739 and roughly 11% share

* estimated from the market share

Model rank

The top-selling model in May was the Wuling Hong Guang MINI EV. The BYD Song was second in the report when counting BEV and PHEV versions together, ahead of the Tesla Model Y.

Top 10 for the month:

Wuling Hong Guang MINI EV - 34,037
BYD Song (BEV + PHEV) - 31,989
Tesla Model Y - 28,147
BYD Han (BEV + PHEV) - 23,978
Tesla Model 3 - 22,621
BYD Qin Plus (BEV+PHEV) - 17,974
BYD Yuan Plus (BEV) - 11,550
Li Xiang One EREV - 11,496
Volkswagen ID.4 - 10,728
GAC Aion S - 10,504

After May, two Tesla models are still on the top year-to-date, but the Wuling Hong Guang MINI EV is really close.

Top 20 by the end of May:

Tesla Model Y - 214,927
Tesla Model 3 - 165,343
Wuling Hong Guang MINI EV - 161,579
BYD Song (BEV + PHEV) - 127,304
BYD Qin Plus (BEV + PHEV) - 109,319
BYD Han (BEV + PHEV) - 71,869
BYD Tang (BEV + PHEV) - 48,532
BYD Dolphin - 48,201
Li Xiang One EREV - 47,380
Volkswagen ID.4 - 46,968
Chery QQ Ice Cream - 44,434
Hyundai Ioniq 5 - 44,221
Changan Benni EV - 41,343
BYD Yuan Plus - 38,206
Chery eQ1 - 37,222
Kia EV6 - 34,639
Hozon Neta V - 32,255
GAC Aion Y - 32,450
Ford Mustang Mach-E - 31,216
GAC Aion S - 31,025

What do you think?

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Brand rank

In May, BYD noted the highest number of plug-in electric car registrations - 114,993, which is roughly two times Tesla's result (57,472). The SAIC-GM-Wuling joint venture was third at 38,045, followed by SAIC (28,660), Volkswagen (26,921) and BMW (26,408).

BYD has extended its lead over Tesla in May to about 100,000 units, while SAIC-GM-Wuling strengthened as the best of the rest.