Global plug-in electric vehicle sales hit nearly 1.3 million units in September 2023, which is the highest figure ever recorded.
According to EV-Volumes data, shared by researcher Jose Pontes, 1,291,077 new passenger plug-in electric cars were registered globally in September which is 23% more than numbers from a year ago.
These cars also secured a solid 17% share of the global car registrations including 12% for all-electric cars alone. After including an additional 12% for non-rechargeable hybrids (HEVs) the share reaches 29%.
Plug-in car registrations in September 2023:
- BEVs: around 890,000 and 12% market share
- PHEVs: around 400,000 and 5% market share
- Total: 1,291,077 (up 23%) and 17% market share
So far this year (January to September), more than 9.4 million plug-in electric cars have been registered around the world, which is estimated to be about 16% of the total volume.
Plug-in car registrations (in 2023) year-to-date:
- BEVs: about around 6.5 million
- PHEVs: about around 2.8 million
- Total: 9,459,019 (up 39%) and over 16% market share
Among individual models, the Tesla Model Y continued to be the bestselling EV with 121,258 new registrations. This is followed by not one but 5 BYD models including Song Plus, Qin Plus, Yuan Plus (Atto 3), Seagull EV, and Dolphin EV. All in all, there were 6 BYD models among the top 10.
This, combined with the fact that there are 8 Chinese models in the top ten, shows us how difficult the situation is for established European and American brands. There are only two Tesla models, six BYD, and two GAC models in the top 10 list to be precise.
Top 10 EVs in September:
- Tesla Model Y – 121,258
- BYD Song Plus – 63,800 (10,108 BEVs + 53,692 PHEVs)
- BYD Qin Plus – 43,010 (11,844 BEVs + 31,166 PHEVs)
- BYD Yuan Plus (aka Atto 3) – 35,378
- BYD Seagull – 35,012
- BYD Dolphin – 27,240
- GAC Aion Y – 27,004
- Tesla Model 3 – 26,058
- BYD Han – 22,936 (10,554 BEVs + 12,382 PHEVs)
- GAC Aion S – 21,548
Talking about brands, there is currently no competition for BYD, which sells the highest number of rechargeable cars with over 273,000 new registrations in September.
Top 10 EV Brands in September:
- BYD – 273,728
- Tesla – 154,009
- GAC Aion – 51,034
- BMW – 48,908
- SAIC-GM-Wuling – 43,208
- Volkswagen – 40,465
- Mercedes-Benz – 37,323
- Changan – 36,675
- Li Auto – 36,060
- SAIC – 35,104
Again in the list of top 10 EV brands above, 6 are Chinese brands, 3 European, and 1 American brand. More importantly, BYD is on the verge of dethroning Tesla as the world’s largest EV maker in 2023 sales. While the data from 11th place and beyond isn’t available, it isn’t too difficult to assume why China accounts for more than half of global EV sales with dozens of EV brands that are now desperate to tap export markets. Not to mention, 59% of NEVs throughout the world during the first quarter of 2023 were sold in China.
Source: Inside EVs
A computer animation professional with over 23 years of industry experience having served in leading organizations, TV channels & production facilities in Pakistan. An avid car enthusiast and petrolhead with an affection to deliver quality content to help shape opinions. Formerly written for PakWheels as well as major publications including Dawn. Founder of CarSpiritPK.com