Canalys: Global EV Sales Report
Canalys updated its “Electric Vehicle Market Outlook” and released detailed electric vehicle sales data, forecasts, and analysis.
Canalys predicts that the global sales of electric vehicles to reach 2.6 million units in the top half of the year, an increase of approximately 160% over the first half of 2020.
Tesla continues to rank first with a market share of 15%. Volkswagen Group’s market share is as high as 13%, following closely behind. SAIC-GM-Wuling Automobile ranks third with 11%, BMW and Stellanttis both follow with a market share of 6%.
Although many market demands have been “relieved” from the impact of COVID-19, the total global car sales are still far below their original levels.
The agency pointed out that the current growth rate of electric vehicle sales far exceeds the global automotive market. Canalys recognizes that the strong demand for electric vehicles in the market is expected to continue throughout 2021, especially in the markets of China and Europe.
In the first half of 2021, 1.1 million electric vehicles were sold in the Chinese market, accounting for 12% of total car sales; 1 million electric vehicles were sold in the European market, accounting for 15% of new vehicles. Statistics show that the sales of electric vehicles in these two markets together account for 87% of global electric vehicle sales.
In contrast, the US electric vehicle market continues to lag. In the first half of 2021, 250,000 electric vehicles were sold in the United States, accounting for only 3% of new car sales.
With Tesla’s success in China, Chinese auto companies are rapidly expanding the supply of electric vehicles. Among the 10 best-selling electric vehicles in the first half of 2021, 4 are small vehicular city-based models.
