Clean Tech News & Views: EVs, Solar Energy, Batteries
Sustainable Business Virtual Trade Showwere up 45% in August 2023 compared to August 2022, rising to 1,238,00 units. In the end, plugins represented 18% share of the overall auto market . This means that the global automotive market is firmly in theone quarter of global registrations having some form of electrification!
There was another record performance on the top half of the table, and in this case, it wasn’t coming from either Tesla or BYD. The #8 GAC Aion Y had a record 26,719 registrations. It was the best selling NTNBWith its sedan stablemate GAC Aion S in #10, with 22,650 registrations, it looks like GAC is the only automaker that could run at the same pace as the top two. The Aion Y and the Aion S are in fact the best selling NTNBs on the table.
As for the compact category, we salute the Great Wall’s Ora Good Cat, which got 9,616 registrations, the hatchback’s best result since December 2021., this time the Tesla Model 3 couldn’t resist the advances of the BYD Song, pushing the Tesla to the 3rd position in the ranking.
The middle of the table saw #12 Hyundai score a record result . That was thanks to good results from the Ioniq 5 & 6. With the new Kona EV now reaching dealerships, expect the Korean brand to continue posting record results in the next few months. Li Auto’s rise has been paused, staying in 8th, but expect the Chinese brand, without a doubt the hottest startup brand in 2023, to continue shortening the distance to #7 Mercedes.
On the losers side, Volkswagen lost 1% share YoY, while SAIC dropped almost a third of its share, from 7.9% a year ago to its current 5.4%…., Tesla remained in the lead with 20.6%, down from 20.9% in June. The US make has a comfortable lead over BYD , making it unlikely the Chinese automaker will be able to remove Tesla from the BEV throne this year. Next year, however … stay tuned.
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