Best-selling battery-electric car manufacturers in Europe 2022
Competition in the global market
Despite its second place in the best-selling battery-electric car manufacturer rankinh, Tesla produced the two best-selling fully electric vehicle models in Europe in 2022. The brand recorded some 137,000 and 91,500 sales of its Model Y and Model 3, respectively. However, Tesla's performance in the global plug-in electric vehicle market, which includes plug-in hybrid electric vehicles, has been challenged by BYD. In 2022, the Chinese manufacturer overtook Tesla in both electric vehicle production volume and electric vehicle sales.
A long road ahead for the European electric vehicle market
Europe's quarterly electric vehicle sales have rapidly increased from the third quarter of 2020, boosted by the popularity of battery-electric vehicles in the region. However, despite this sharp market growth, fossil fuel vehicles remained the best-selling fuel type for new cars in many European countries. Norway, the notable exception, reported a share of 79.3 percent of its new car sales were battery-electric. However, the country has shifted its electric vehicle buying incentives in January 2023, in an effort to promote active mobility.