Electric vehicle companies have high hopes that increased adoption will happen for the automotive industry. Companies like Tesla Inc (NASDAQ: TSLA) have seen strong market share gains for electric vehicles and the overall automotive sector in regions like the United States.
Here’s a look at the global electric vehicle sector through the month of July, showcasing some of the top vehicles and companies.
What Happened: The rise of electric vehicles is ongoing, with many portions of the world offering discounts to make the switch to a battery-powered or hybrid vehicle, and new and existing automotive companies ramping up production of EVs.
The July report on global electric vehicles indicates a 41% year-over-year surge, with 1,104,000 units registered.
According to CleanTechnica, electric vehicles hit a 16% market share for the month of July, with battery-powered electric vehicles having 11% market share for the month. Year-to-date through July, electric vehicles have a 15% market share globally, with battery-powered vehicles hitting 10%.
The top 10 selling electric vehicles in the world for the month of July were:
- 1. Tesla Model Y: 77,289 units
- 2. BYD Song (BEV+PHEV): 50,956 (7,609+43,347) units
- 3. BYD Qin Plus (BEV+PHEV): 43,167 (11,462+30,705) units
- 4. Tesla Model 3: 36,231 units
- 5. BYD Dolphin: 31,968
- 6. BYD Yuan Plus: 30,192 units
- 7. BYD Seagull: 28,001 units
- 8. BYD Han (BEV+PHEV): 22,943 (11,794+11,149) units
- 9. GAC ...