Two at the top
Tesla currently has the global lead when it comes to sales of fully electric cars, but China’s BYD is breathing down Tesla’s neck. Still, analysts expect that Tesla will continue to lead and that Volkswagen can forget about it for the time being.
Tesla has focused on the production of fully electric cars from the start and has now established itself as one of the world’s most important car manufacturers. And a leader in the field of EVs. The numbers reflect that position, because Tesla has long been the largest manufacturer of fully electric cars on an annual basis. The Chinese BYD is now building more plug-in cars and is hot on Tesla’s heels when it comes to fully electric cars. BYD already overtook Tesla in the last quarter of 2023, although according to analysts it will not happen Bloomberg are not enough to rival Tesla on an annual basis.
Contrary to what some other analysts think, Bloomberg Intelligence expects that Tesla will once again be the largest EV maker in the world by 2024. Even more so; Tesla will retain that position for years to come. Bloomberg Intelligence even expects Tesla to edge out BYD again. By 2030, the agency expects 6 million Teslas per year, compared to more than 4 million fully electric cars from BYD.
According to the analysts, Volkswagen is coming close to BYD, but remains far behind Tesla. While three years ago, Volkswagen expressed its ambition to become the market leader. Then you have Toyota, which, according to Bloomberg, will remain behind Volkswagen with more than 3 million fully electric cars annually in 2030. Stellantis follows next, with more than 2 million units. It is striking in that order that Stellantis is now ahead of Toyota, which has only just started in the fully electric field. Bloomberg expects that the Japanese will catch up enormously and overtake Stellantis in the course of 2025.
– Thanks for information from Autoweek.nl