Global Electric Car Stock in Millions

Global Electric Car Stock in Millions

03 October 2023

The last few years of EV sales growth have been remarkable.

BYD and Tesla, China and America’s respective leading EV manufacturers posted record sales for several months in 2023; BYD alone sold 641,000 EVs in the first half of 2023, out-selling Tesla’s 564,000 cars sold.

Analysts are expecting 14.5 million EVs to be sold by the end of 2023, marking a sizeable 45% YoY growth.

Author

Lucidity Insights Research Team profile photo

We are a team of passionate Researchers, Data Junkies, and Story-Tellers that believe there is not enough quality business insights and compelling data analysis available in the marketplace, told in the formats users want. We want to give an insider's look into the industries, businesses and economies that are changing the world today, so our users can become inspired, empowered and equipped to run their businesses as best they can.