Global BEV Sales in 2023 by Market Share Tesla ranked 1st and BYD 2nd

$Tesla(TSLA.US)$ $BYD COMPANY(01211.HK)$ $NIO Inc(NIO.US)$ $XPeng(XPEV.US)$ The article illustrates using graphic the global BEV market share for the full year 2023, based on figures compiled by TrendForce. Currently, the top 10 BEV companies make up 65% of the overall market. Currently, Tesla holds a 19.9% share of the market, closely followed by BYD with 17.1%. BYD has relied on stable domestic sales performance but is also expanding its international presence.

Comment: Although 2nd and 4th ranking are from China electric vehicle companies, their BEV sales are predominantly from China. Tesla BEV sales are spread globally in US, China and Europe.

Global BEV Sales in 2023 by Market Share Tesla ranked 1st and BYD 2nd

Source:

Global Electric Vehicle Sales in 2023 by Market Share - Visualcapitalist

$BYD COMPANY(01211.HK)$ $BYD Co.(BYDDF.US)$ $S&P 500 Index(.SPX.US)$ $Nasdaq Composite Index(.IXIC.US)$ $Tesla(TSLA.US)$ $VOLKSWAGEN A G(VWAGY.US)$ $NIO Inc(NIO.US)$ $Li Auto(LI.US)$ $XPeng(XPEV.US)$ $General Motors(GM.US)$ $Ford Motor(F.US)$ $Rivian Automotive(RIVN.US)$ $MERCEDES-BENZ GROUP AG(MBGAF.US)$ $TOYOTA MOTOR CORP(TOYOF.US)$ $GEELY AUTO(00175.HK)$ $Stellantis NV(STLA.US)$

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I reflected trading experiences by writing journals. My comments are for educational purposes not financial advice.

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