World’s Top 5 Plug-In EV Automotive Groups Ranked By Sales In Q1 2020

If you purchased a plug-in electric car this year, it most likely comes from one of these five automotive groups.

The latest sales data, released by the EV Sales Blog, reveals that most passenger plug-in cars sold in the first quarter of 2020 were made by five automotive groups.

The total volume exceeds 460,000 (down 6% year-over-year), and the top five were responsible for over 59%.

The top player is – without any surprise – Tesla, which also improved its market share to 19%. However, the Volkswagen Group also has reasons to be happy, as its share more than doubled to 13%. In third is Renault-Nissan-Mitsubishi Alliance with 11% share (also noticeably increased).

It’s important to note that the Q1 results are highly affected by the COVID-19 outbreak in China in the first months of the year, which basically eliminated Chinese groups (BYD, BAIC, SAIC) from the top five.

Plug-in car sales in Q1 2020:

If we subtract plug-in hybrids, the top five for the year is slightly different, but not that much. First of all, sales of all-electric cars amounted to about 309,939 (about 67.3% of plug-ins), and 66% of them were supplied by five automotive groups.

Since Tesla sells only all-electric cars, subtracting PHEVs naturally translates into an even higher market share – 29%, which additionally was highly increased compared to 2019. The good news for Tesla is that the company can benefit from the Tesla Gigafactory 3 in China, while Europe, North America and most of the rest of the world experience lockdown.

The next two groups are Renault-Nissan-Mitsubishi Alliance and Volkswagen Group, both moving up quickly, but still would be behind Tesla even if we would combine them into a single giga-group.

In fourth place we see Hyundai Motor Group, also improving its share, while BYD catches 5th place despite a significant sales drop.

Plug-in car sales in Q1 2020:

See also our previous reports for automotive groups:

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