Tesla H1 continues to top global electric car sales, BYD jumps to second

The US Tesla H1 (January to June) electric vehicle (EV) continued to top the global sales volume, but the sales growth slowed down significantly. In contrast, China’s BYD (BYD) sales broke out and jumped to the second largest in the world. South Korea Hyundai Motor Group also doubled its sales, rising to fifth place.

Tesla H1 continues to top global electric car sales, BYD jumps to second

Nikkei reported on the 28th that after compiling data from the survey company MarkLines and the information released by various automakers, it was learned that this year’s H1 U.S. Tesla’s global EV sales reached 564,000 units, a 46% increase from the same period last year, and sales continued to be high. The first place, but due to the closure of the city and the decline in the production of the Shanghai factory, the sales growth has slowed down significantly compared with the 90% surge in 2021.

Compared with the slowdown in Tesla’s sales growth, China’s BYD H1 EV sales, which mainly focus on lower-priced models, reached 324,000 units, a 2.5-fold increase over the same period last year (a surge of about 250%), and sales ranked fourth from last year. It jumped to the second place, surpassing Shanghai Automotive Group and Germany’s Volkswagen (VW). BYD stopped the production of pure gasoline vehicles in March, and concentrated its resources on EVs and PHVs (plug-in gasoline-electric hybrid vehicles). The sales of H1 PHVs exceeded 300,000 units. Combined EV calculation, the sales of environmentally friendly vehicles surpassed that of Tesla, which specializes in EVs.

South Korea’s Hyundai Motor Group has benefited from the popularity of “IONIQ 5” and other models in the U.S. market. H1 global EV sales reached 169,000 units, a surge of about 100% over the same period last year, and its sales ranking rose to fifth, behind Nissan/Renault. / Mitsubishi Motors Alliance (H1 sales increased by 50% to 133,000 units, ranking sixth).

In the top 20 sales list, Chinese automakers account for 12 seats, the same as in 2021. The sales volume of Xiaopeng Motors soared 1.2 times to 69,000 units (12th), the Hezhong New Energy Vehicles soared 2 times to 63,000 units (14th), and the sales volume of Zhejiang Leapmotor Technology, which was established in 2015, soared 2.4% Times to 51,000 units, squeezed into the top 20 (17th). Toyota and Honda H1 EV sales are only about 10,000 units, ranking outside the 20th.