From Jan to Apr
in 2023, Non-China Global Electric Vehicle
Deliveries
Recorded 1.598
million units, a 35.4% YoY Growth
- Tesla ranked top and
Hyundai-KIA ranked 4th in the non-China EV market
From
Jan to Apr in 2023, the total number of electric vehicles registered in
countries around the world except China was approximately 1.598 million units,
posting a 35.4% YoY growth.
(Source: Global EV & Battery Monthly
Tracker – May 2023, SNE Research)
From
Jan to Apr 2023, in the non-China market, the sale of Tesla’s main models –
Model 3 and Y – led the growth of Tesla who kept the top position in the
ranking with a 51.5% YoY growth. The Volkswagen group, where Volkswagen, Audi,
and Skoda belong to, recorded a 42.0% YoY growth and ranked 2nd on
the list. The growth of VW group was driven by steady sales of Enyaq, Audi Q4
E-Tron, and ID series including ID.4, a first, non-American EV model qualified
for the EV tax credit offered by the US government. It is also noteworthy that
these VW group’s models are all based on MEB platform. The Stellantis group jumped
to the 3rd place based on solid sales of both BEV and PHEV such as Wrangler
PHEV and 500 electric.
(Source:
Global EV & Battery Monthly Tracker – May 2023, SNE Research)
The
4th place was taken by Hyundai-KIA Motor Group, which earned the
biggest operating profit in history as for Q1. Due to seasonal factors, such as
changes in EV subsidy policies, often found in Q1 that are unfavorable to
selling eco-friendly vehicles, the EV sales have seen a 0.7% YoY growth.
However, in the coming 2nd quarter, which is regarded as a seasonal
high season, the market is expected to be in an upward trajectory again as KONA(SX2)
Electric and EV9 are said to be released shortly and IONIQ 6 is likely to be
sold more in the global market.
The SAIC
group, focusing on the Chinese domestic market, safely entered the top 10 on
the list, propped up with a huge increase in its sale of MG brand’s MG-4, MG-5,
and MG-ZS models in Europe.
(Source: Global EV & Battery Monthly
Tracker – May 2023, SNE Research)
As the
Chinese electric vehicles such as BYD, SAIC’s MG, GWM (Great Wall Motor)’s ORA,
and HOZON’s NETA are trying to enter the global market by making inroads into
Europe and East Asia based on their safety and price competitiveness,
attentions should be paid to a possible sea change in the non-China EV market.
Based on electric
vehicles (BEV+PHEV) delivered to customers or registered during the relevant
period
