Photo credit: Renz Dimaandal
Tesla continues to outshine in the EV sales market, once again becoming the world's best-selling EV brand in November. Model 3 extends its wide appeal with consumers, making it the best-selling electric vehicle on the globe. Model Y takes a strong position and re-consolidates in third place.
The electric vehicle market continues to grow, reaching 414,000 units. According to ev-sales.blog, BEV registrations in November jumped 125% to 289,000. The BEV/PHEV ratio is 68% to 32%, respectively.
Tesla Model 3 again becomes the top seller in November, selling 39,335 units, up 16,580 vehicles from October, when 22,755 units were registered. In second place is the Chinese Wuling Mini EV with 33,094 registrations. Tesla Model Y continues to shine with robust sales of 11,481 units. Renault Zoe registered 10,010 units in November. Great Wall Ora Black Cat closes out the top five with 9,463 registrations. The recently started sales of the belated Volkswagen ID.3 seem to have experienced a downturn in demand, as the model does not make it to November's Top 5.
Looking at the overall sales results by model in 2020 (January to November), we see that Tesla Model 3 remains untouchable, selling 3.5 times more vehicles than its closest competitor, and has a 12% share of the worldwide EV market. In 2020, 300,488 Model 3 were registered. Wuling Mini EV ranks second with 85,766 sales. The Renault Zoe is in third place with 84,128 registrations. Tesla Model Y—which as of these data is still only sold in North America—came in fourth place with 63,775 units sold. Hyundai Kona EV closes out the Top 5 with 53,062 registrations.
Thanks to the astounding success of Model 3 and the growing sales of Model Y, Tesla is ranked first in the overall EV manufacturer ranking, selling 54,566 vehicles in November, and 407,710 in 11 months of 2020, which accounts for 16% of the global EV market. For comparison, Volkswagen, the closest EV manufacturer competitor of Tesla, was able to sell only 166,745 vehicles for the same period.
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