Tesla and China’s BYD: Kings of the Electric Vehicle Market
The results for plug-in electric vehicle sales for 2015 are in, and there are a few new kings of the global market. Tesla nailed down the sales title for an individual car with its Model S luxury sedan topping the charts both in the U.S. and around the world. As for the top-selling EV maker, that honor goes to Chinese company BYD, which moved over 60,000 plug-in cars, most of them in its home country.
BYD Says Qin Plug-In Hybrid Will be Sold in US Starting in 2015
BYD had much less trouble locking down the title of top plug-in car seller for 2015. According to InsideEVs, the Chinese company backed by Warren Buffett had a banner month in December when it sold over 10,000 EVs. By the start of the month, BYD had already opened up a lead of over 5,000 sales on second-place Nissan, which include electric car sales of Renault as well as its namesake brand.
Looking at the top 10 globally through November, BYD’s top seller was the Qin, a plug-in hybrid sedan that held down fourth place ahead of the BMW i3. While that was the Chinese automaker’s most popular model of the year, the emergence of a plug-in hybrid SUV changed the dynamic.
According to the InsideEVs data, BYD moved 5,503 models of the plug-in hybrid SUV Tang in December. That performance topped all but seven plug-in models on the U.S. market for the entire year of sales and blew away Tesla’s record December in America.