1 minute read
EV New Vehicle Sales
by aaaa710
Q4 Total EV Sales
12,992
EV sales continue to increase, recording a 549% YoY increase as total sales for the year approached 35,000 units. While Tesla continues to drive much of this volume, we are seeing a wide range of new entrants competing with legacy brands in this part of the market.
As highlighted above, Tesla continues to dominate the EV landscape, delivering 42% of total electric vehicles for the quarter. While the Model 3 sedan (2,227 sales) is still performing well, the Model Y is well clear at the top of the list, with its 3,341 sales giving it over a quarter of the EV market.
In 3rd spot we’ve got a new entrant however, with the Chinese-made BYD Atto 3 performing well in its first full quarter. Whilst its sales don’t challenge either of Tesla’s models, it did outperform the Polestar 2, again highlighting the potential for strong sales for more competitively-priced EV models.
