Tesla sold 423,000 vehicles in the first quarter and its market share rose to 21.8%

News on May 31, according to the latest data, the editor learned that under the trend of green and low carbon, global car companies are accelerating electrification transformation and focusing on the research and development and production of new energy vehicles. According to data from TrendForce, as of the first quarter of 2023, global new energy vehicle sales reached 2.656 million units, a year-on-year increase of 28%. Among them, the sales volume of pure electric vehicles was 1.942 million units, a year-on-year increase of 26%; the sales volume of plug-in hybrid electric vehicles was 711,000 units, a year-on-year increase of 34%.

In the field of pure electric vehicles, Tesla has achieved great success with its price reduction strategy. In the first quarter, sales reached 423,000 vehicles, a record high, and market share The rate also rebounded to 21.8%. SAIC-GM-Wuling and BYD obtained market shares of 13.5% and 4.1% respectively, ranking second and third. In the first quarter, South Korea's Hyundai Motor reached a new single-quarter sales high, while Hyundai and Kia ranked sixth and ninth respectively. Volkswagen ranked fifth, and luxury car brands such as BMW and Mercedes-Benz also entered the top ten.

In the field of plug-in hybrid electric vehicles, BYD ranks first with a market share of 37%. In the first quarter, Denza, an electric vehicle brand jointly owned by BYD and Daimler Group, achieved a significant jump and entered the top eight. In the first quarter, Li Auto ranked second with sales of 52,000 units, and through the successful launch of multiple models, it increased its market share to 7.3%.

It is worth noting that the three major European luxury car brands, including BMW, Mercedes-Benz and Volvo, still rank at the top of the plug-in hybrid electric vehicle sales rankings, with market share They were 5.8%, 5.6% and 5.2% respectively.

As the global demand for new energy vehicles continues to rise, major car companies are increasing investment to promote the research, development and production of new energy vehicles. Sales of new energy vehicles continue to grow, indicating an important trend in electrification transformation. With continuous breakthroughs in technology and further reductions in costs, new energy vehicles are expected to achieve greater development and breakthroughs in the global market.

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