Featured image: Drive
Tesla further cemented its superiority in the electric vehicle market in August, as Model 3 became the world's best-selling electric vehicle. Also, Tesla overall continues to shine, becoming the best selling brand of plug-in cars In 2020.
In August, the number of EV registrations in the world increased by 58%, to about 241,000 units. On the other hand, the overall automotive market has lost momentum, falling 10% y/y last month, EV-sales reported.
Last month, the Tesla Model 3 continued to lead the global electric vehicle market with 31,281 registrations. Another Tesla--Model--also entered the top 5, finishing in 3rd place with 8,052 registrations. The Wuling Mini EV sold 9,150 units, Renault Zoe had 6,279, and Hyundai Kona EV delivered 5,692, which brought them to 2nd, 4th, and 5th places respectively.
It should be noted that Model Y is not yet available for ordering worldwide, which means that its sales' numbers only reflect registrations in North America. In October, Giga Shanghai will start test production of the Model Y, which means that soon, the Chinese market will begin to receive its first deliveries of the compact electric SUV.
An analysis of the indicators for 2020 illustrates even more robustly the ongoing strength of Tesla with its Model 3. On the year, 196,106 units were registered, while its closest competitor, Renault Zoe, sold almost four times fewer units, at 52,835. Model Y, with 29,007 registrations, also made it to the top 20 leaders, breaking into an impressive 6th place. Tesla's new model continues to amaze, hinting that it will soon also repeat the success of the Model 3--if not better.
The Tesla brand is the undisputed and most likely untouchable leader in the electric vehicle market. In August, 42,887 cars of the company were registered worldwide, and on a whole in 2020, 253,435.
Tesla's primary goal is not necessarily to be the global EV sales leader. Yet, the truth is, it is the one and only company--certainly amongst automakers--totally devoted to accelerating the world's shift to sustainable energy.
© 2020, Eva Fox. All rights reserved.
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About the Author
Eva Fox joined Tesmanian in 2019 to cover breaking news as an automotive journalist. The main topics that she covers are clean energy and electric vehicles. As a journalist, Eva is specialized in Tesla and topics related to the work and development of the company.