BYD's at 20% Share of Cumulative Plugin Vehicle Sales! - CleanTechnica

The article highlights a significant milestone in the electric vehicle (EV) market: BYD, the Chinese cleantech company, has achieved a remarkable 20% share of cumulative plugin vehicle sales globally. BYD has dominated its home market in China and is rapidly expanding its presence in South America, Africa, and other parts of Asia. While maintaining this 20% share amid the rapidly growing and diversifying EV market may be challenging, it remains an impressive accomplishment. In comparison, Tesla has delivered approximately 8.7 million vehicles cumulatively, representing just under 12% of the global plugin vehicle market. Tesla’s figure is notable, especially considering it sells only full battery electric vehicles (BEVs), whereas BYD’s share includes both BEVs and plugin hybrids. The article notes that if focusing solely on BEVs, Tesla’s market share would be relatively higher, and BYD’s share would be lower. The data discussed pertains to the modern EV era, excluding early electric vehicle sales from the