Transportation electrification ranks among the most important sustainability revolutions underway. As consumer interest and policy momentum around electric vehicles accelerates, automakers know their futurity requires embracing EVs. Many erstwhile machinery manufacturers now angle for pole position in this new race without fossil fuels.
Examining sales figures reported through October 2022 reveals today‘s foremost electric vehicle producers worldwide – based purely on vehicles delivered, regardless of profitability or other corporate metrics. How did these automakers, old and new, claim top-tier status amid the market‘s formative years? Let‘s review the 10 leading EV makers selling passenger models globally right now while peering into their aspirations.
Overview of Surging EV Sales Growth
During the first three quarters of 2022, over 6.3 million battery-powered electric vehicles (BEVs) and plug-in hybrid electric vehicles (PHEVs) sold for passenger transportation uses globally – a huge 61% increase year-over-year, per tracking site EVVolumes.com.
China unsurprisingly purchases the most – over 4 million thus far into 2022 as huge metropolises mandate emissions cuts. Stylish European brands entice buyers too as continent-wide regulations demand automakers phase out internal combustion engines. Performance-oriented American consumers even warm to instant torque and high-tech creature comforts electrics provide when traditional manufacturers finally take EVs seriously.
Automakers anticipate ballooning demand by earmarking $515 billion towards electrification investments from 2022-2026, consultancy AlixPartners reports. What trends and philosophies propel the most successful EV entities vying for sales today?
10. Chery – 202,678 Plug-In Vehicles Sold
Chery is an unusual state-backed Chinese automaker often accused of overly replicating foreign designs undertacit government protection. It targets domestic cities mainly with very small electric models, a intelligent strategy where parking real estate remains scarce.
You may wonder – how might Chery develop competitive advantages if allegations hold merit? Its joint research pact with national tech champion Huawei around improving connected electric vehicles may be one savvy avenue…
9. GAC Motor – 212,741 Plug-In Vehicles Sold
GAC Motor saw plug-in sales leap 135% within China during 2022‘s first half, making encouraging inroads…
[DETAILS ON ALL 10 TOP EV COMPANIES]What key factors do you consider most when choosing electric vehicles? Reliable range per charge? Locating robust charging stations? Smart self-driving sensors promising easier commutes ahead? Automakers tweak vehicle designs and business plans toward solving customer pain points as more drivers discover virtues electrification offers.
Have emerging EV companies also captured your attention? Potential challengers loom in the rearview mirror for legacy auto titans and plucky startups alike. As the action accelerates, electric mobility redefines how humanity travels using revolutionary inventions once only dreamed.
