Top 3 Biggest Electric Vehicle Manufacturers In The World

According to global analysts, by 2030 electric vehicles will outsell the conventional ones. In a not too distant future, it might become cheaper or comparable to buy and operate electric cars, as opposed to internal combustion engine vehicles.

Having an EV car means spending less money on servicing and maintaining it. Moreover, they are better for the environment as they do have zero exhaust pollution and can use renewable energy to charge.

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The main driving factor for the fast adoption of such technology is the advancements in new EV car models by leading manufacturers.

In this post, we will look at the best EV manufacturers in the world.

TESLA

Tesla is probably the best known electric vehicle company globally. It is based in the US and headed by Elon Musk. It was founded in July 2003 to prove that EVs are fun, fast, and more convenient to drive than gasoline cars. Tesla strives to create a future with no fossil fuel dependency and zero-emission.

Globally, Tesla stands in the first position in the first half of the year 2020. With 179,050 units sold, this EV manufacturer makes up 28% of the market share.

There is high consumer demand for Tesla’s cars due to their innovative technology, modern design, and high performance. The price for Tesla’s base variant of Model 3 is €28,500 (and about €63,000 for the most expensive Model X).

Renault–Nissan–Mitsubishi Alliance

Renault/Nissan is a French-Japanese group formed by Renault (based in France), Nissan and Mitsubishi Motors (based in Japan). Together they sell more than 1 in 9 vehicles worldwide.

Models of electric vehicles by the alliance, for example, the iconic Nissan Leaf and Renault Zoe, are created to have a decent range with zero-emission. Their cars are designed for the mass market. Their cars are responsive, quiet, and smooth with stable handling.

In terms of global sales, Renault/Nissan stands in the second position in the first half of the year 2020, 65,521 units were sold (10% off market share).

The prices for Nissan’s electric cars vary from approximately €29,500 (Esflow model) to €37,000 (Nissan Leaf).

Volkswagen

VW is a German car manufacturer founded in Berlin in 1937. Volkswagen offers two EV models: the e-up! and e-Golf. The company’s goal is to produce 50 electric cars by 2025. To achieve this goal, VW will invest over €30bn into EV-related technologies.

Volkswagen is the third most popular EV manufacturer in the world, as in the first half of the year 2020 it sold 64,542 units (10% of market share).

The base price for the e-up! model is €21,975.

BYD

BYD Co Ltd is a Chinese EV manufacturer founded in February 1995 and based in Shenzhen.

BYD also produces battery-powered buses, bicycles, solar panels, rechargeable batteries.

BYD’s EVs ranked No.1 in global sales for six consecutive years (from 2014 to 2019). This EV manufacturer aims to develop electric vehicles that are intelligent and connected.

In the first half of 2020, BYD sold 46,554 units (7% of the market share). The price of the most popular BYD model (e6) is approximately €29,500.

Credit: powerright

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