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Reading: Top 10 bestseller EVs in Q1 2023, Tesla secured the top 2 spots while BYD landed five spots
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EV-a2z > News > Top 10 bestseller EVs in Q1 2023, Tesla secured the top 2 spots while BYD landed five spots
News

Top 10 bestseller EVs in Q1 2023, Tesla secured the top 2 spots while BYD landed five spots

EV-a2zm
Last updated: 2023/06/10 at 12:38 AM
EV-a2zm Published June 9, 2023 4 Min Read
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Shenzhen, China – June 6, 2017 The hybrid plug-in of BYD Song SUV on display during the 2017 Shenzhen-HongKong-Macao International Auto Show in Shenzhen, China.
Shenzhen, China – June 6, 2017 The hybrid plug-in of BYD Song SUV on display during the 2017 Shenzhen-HongKong-Macao International Auto Show in Shenzhen, China.
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Passenger electric vehicle sales enjoyed year-on-year growth of 32% in Q1 2023 globally, Counterpoint Research’s latest data shows. During this time, there was apparently an EV for every seven vehicles.

Contents
Q1 2023 sales per powertrain and key marketsTop 10 EV brands – Q1 2023Top 10 best-selling EVs – Q1 2023

Q1 2023 sales per powertrain and key markets

The data reveals that battery electric vehicles contributed a whopping 73% of the overall EV sales in the first quarter of the year. 

Meanwhile, plug-in hybrid electric vehicles accounted for the remaining 27%.

As for the leading markets, China remains the largest EV industry globally. However, it suffered a 12% drop in total passenger car sales. Nonetheless, its EV sales strongly grew 29% YoY, with a market share of 56% in Q1 2023.

The US successfully snatched the world’s second-largest EV market title from Germany in the same quarter with its astounding YoY sales growth of 79%. 

Top 10 EV brands – Q1 2023

The top 10 automotive groups, which include 48 car brands, controlled the global EV market. The report noted that they accounted for three-fourths of all EV sales worldwide.

BYD led the pack with a 21.10% share, followed by Tesla (16.01%.)

Below are the rankings:

RankBrandShares
1BYD21.10%
2Tesla16.01%
3Volkswagen6.88%
4Geely5.86%
5GM4.71%
6Mercedes Benz4.28%
7BMW4.16%
8Stellantis3.97%
9Hyundai-Kia3.96%
10Renault-Nissan3.82%

Top 10 best-selling EVs – Q1 2023

The top 10 most popular EV models reportedly held 37% of the overall passenger EV sales in the year’s first quarter.

America’s Tesla Model Y defended its position as the global EV industry’s bestseller, followed by its sibling Model 3 sedan.

The Tesla Model Y had a 69% year-over-year sales increase to make it the best selling vehicle worldwide in Q1 2023. pic.twitter.com/EK2TlXGi5M

— Dirty Tesla (@DirtyTesLa) May 26, 2023

Meanwhile, its closest Chinese rival, BYD, secured five spots out of ten. The BYD Song family landed third, followed by its siblings Yuan Plus (Atto 3) and Qin family.

🚗BYD Song+ Championship Edition officially begins pre-sales. The DM-i version is priced at 169,800 to 199,800 yuan, and the EV version is priced at 179,800 to 219,800 yuan. For more details, please refer to the image below.😀 #BYD https://t.co/YEUIcRg4DG pic.twitter.com/82uQ8y0KAQ

— ThinkerCar (@thinkercar) June 9, 2023

The other two BYD models were the Dolphin and Han family, placing seventh and ninth, respectively.

With over 3 million NEVs sold worldwide, BYD is proud to expand Ecuador's lineup of electric vehicles with the BYD HAN EV, BYD YUAN PLUS EV, and BYD Dolphin EV. pic.twitter.com/UIcOmjDn81

— BYD (@BYDCompany) May 6, 2023

It is interesting to note that all the models in the top 10 rankings were Chinese except the two Tesla cars.

Below are the top 10 EV models in Q1 2023:

RankBrandModelPower Type
1TeslaModel YEV
2TeslaModel 3EV
3BYDSongEV+PHEV
4BYDYuan Plus (ATTO 3)EV
5BYDQinEV+PHEV
6WulingHongguang Mini EV DolphinEV
7BYDDolphinEV
8AionSEV
9BYDHanEV+PHEV
10ChanganLuminEV

See Also:

  • Plug-in car sales topped 800,000 globally in February, 2023
  • BYD passenger plug-in car sales surpassed 150,000 units globally in January 2023
  • Global Electric Vehicle sales surged more than 55% in 2022
  • Top 5 Automakers: Most Global EV Sales
  • Global plug-in electric car sales rose by 55% in October 2022

The market research agency’s Senior Analyst forecasted that global EV sales would top 14.5 million units by the end of the year. He further stated that the US would soon beat the EU in the battery industry, considering the federal tax credit that requires domestic production.

All that said, the reported global EV sales growth in Q1 2023 is encouraging for the entire industry, demonstrating the increasing popularity of the new technology among consumers.

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TAGGED: BYD, Electric Vehicle, EV, Tesla
EV-a2zm June 10, 2023 June 10, 2023
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