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Alexey Razin
Last year, 10.83 million electric traction vehicles were sold worldwide, capable of refilling the range from the electric grid – electric vehicles and plug-in hybrids. This is 61.3% more than what was sold in 2021. According to SNE Research analysts, 14.78 million electric vehicles and rechargeable hybrids will be sold this year.
Image Source: BYD
As many sources have already confirmed, the Chinese company BYD managed to become the world leader in sales of electric vehicles and rechargeable hybrids in 2022, sales increased by 204.6% to 1.87 million units. Although it is precisely in terms of sales of “thoroughbred” electric vehicles that the Chinese competitor is still inferior to Tesla, which sold 1.31 million cars, an increase of 40% compared to the previous year.
Third place in the ranking SNE Research occupied by the Chinese concern SAIC with 978 thousand cars sold, it also increased sales volumes by a decent 43.1%. Only in fourth place is the Volkswagen concern, which in the ranking of automakers as a whole occupies the second position. According to the results of last year, the German giant was able to increase the supply of electrified models by only 8.8% to 815 thousand units. China’s Geely, which controls a dozen brands, came in fifth with 646,000 electrified cars sold, up 111.8% year-over-year.
Hyundai Motor Group was content with only sixth place with 510,000 vehicles sold and a respectable increase of 40.9% worldwide. At the same time, the Korean auto giant has surpassed 100,000 electrified vehicles sold in the United States since entering the local market in 2014. During all this time, 51,266 KIA cars, 51,096 Hyundai cars and 1964 copies of Genesis cars were sold.
Of the total volume of electrified vehicles sold last year, China accounted for 6.56 million units (+97.1%), in North America sales volumes increased by 49.8%, while Europe added only 11.2%. As SNE Research experts expect, this year the global sales of electric vehicles and rechargeable hybrids will grow to 14.78 million units, while in China the growth rate will decrease, and in the United States it may increase due to the introduction of targeted subsidies.
