Plug-in electric car sales to exceed 13 million in 2023

Alina Oprea
In Q1-Q3 this year, more than 10.7 million plug-in electric cars have been registered around the world, which is about 16% of the total volume. This year, plug-in electric car sales have a chance to exceed 13 million, according to insideevs.com.

In October, global registrations of plug-in electric cars once again amounted to nearly 1.3 million units, marginally behind the September record.

According to EV-Volumes data, 1,279,000 new passenger plug-in electric cars were registered globally in October (37% more than a year ago), which is only about 12,000 less than in September.

The share of rechargeable cars out of the total global car registrations stands at 17%, including 12% for all-electric cars and 5% for plug-in hybrids.

Especially positive is the solid growth rate of 33% year-over-year for all-electric cars, although plug-in hybrids noted an even higher increase of 46% year-over-year.

It is estimated that in November or December, more than 1.4 million new electric cars will be registered.

For reference, in 2022 more than 10 million new passenger plug-in electric cars were registered globally for the very first time. This result will be significantly improved upon in 2023, potentially to more than 13 million units.

As previously, the Tesla Model Y continued to be the world's best-selling plug-in model in October with more than 78,000 new registrations.

Top 10 for the month:

  1. Tesla Model Y - 78,250
  2. BYD Song Plus - 64,990
  3. BYD Yuan Plus (aka Atto 3) - 47,134
  4. BYD Qin Plus - 38,288
  5. BYD Seagull - 37,837
  6. BYD Dolphin - 32,933
  7. Tesla Model 3 - 32,061
  8. GAC Aion Y - 27,140
  9. Wuling Bingo: 23,744
  10. BYD Han - 20,457

After the first ten months of the year, the Tesla Model Y approached one million registrations, while the BYD Song plug-ins almost reached 500,000 units. The Tesla Model 3 is third best, at over 417,000 registrations.

The list of top 20 rechargeable cars is dominated by the Chinese models.

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Green Forum  |  23 April, 2024 at 11:00 AM