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US full electrical automobile (BEV) gross sales proceed to develop by leaps and bounds. Regardless of all of the hype about “weak” electrical automobile demand and gross sales, they’re really sturdy and rising.
In comparison with Q3 2021, BEV gross sales in Q3 2023 had been up 143%. In comparison with Q3 2022, BEV gross sales in Q3 2023 had been up 44%.
Wanting on the change in quantity, BEV gross sales elevated by 90,246 items 12 months over 12 months within the third quarter, and so they elevated by 173,377 gross sales in comparison with the third quarter of 2021.
Gross sales had been led by the Tesla Mannequin Y and Tesla Mannequin 3 (after all), with these two fashions accounting for 50% of the nation’s BEV gross sales. The Chevy Bolt rose to the event to grab the bronze medal, simply barely forward of Rivian’s complete. Whereas the most effective competitor to the Tesla Mannequin Y, the Ford Mustang Mach-E, grabbed the fifth place place. Right here’s the complete rating chart:
share change by mannequin 12 months over 12 months, you get some funky outcomes simply because deliveries had been simply getting rolling in Q3 2022 for some fashions, leading to dramatic share progress in Q3 2023.
In case you take a look at progress on a quantity foundation, you get the Tesla Mannequin Y seeing essentially the most progress by far (observe, although, that that is an knowledgeable estimate relatively than being primarily based on official US stats from Tesla). Rivian took the silver medal on this case, adopted by two Hyundai fashions, the IONIQ 5 and the IONIQ 6 (a brand new mannequin in 2023).
Going again additional, to Q3 2021 (however solely fashions that had gross sales in Q3 2021), the most important growers had been the Chevy Bolt (251%), Ford Mustang Mach-E (152%), Tesla Mannequin Y (90%), and Volkswagen ID.4 (77%) when it comes to share progress.
By way of quantity progress, the Tesla Mannequin Y was once more far within the lead, and Rivian once more took the silver medal. On this case, although, the Tesla Mannequin 3 took third place and the Hyundai IONIQ 5 bought bumped all the way down to 4th.
General, you may see on this final chart that BEV gross sales have been up dramatically 12 months after 12 months within the third quarter. One factor that stands out this 12 months, although, is that non-Tesla BEV gross sales grew a ton in Q3 2023. They weren’t practically as excessive in Q3 2022 or earlier. Tesla gross sales are sturdy yearly, however simply go from one record-shattering complete to a different.
The next at the moment are interactive variations of a few of the charts above (however observe they’re finest considered on the large display of a laptop computer or desktop pc).
What are your ideas on these numbers, charts, and developments?
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