If you are a fan and follower of trends in the electric vehicle (EV) industry, you definitely know the name Tesla. You might know a few other names among the biggest electric car companies. This page tracks the progress on the electric car industry, to keep you updated.
July 2022: Chinese electric car brand, BYD, overtook Telsa in total sales of EVs, thanks to its performance in the first half of 2022, to become the world’s largest electric car maker. According to a Financial Times report, BYD sold 641,000 vehicles in the first six months of the year, against Tesla’s 564,000 vehicles.
Q1 2023: Tesla is back in the lead ahead of BYD, making Tesla the biggest electric car company in the world.
Table of Contents
Who is the top electric car maker in the US?
Tesla remains the biggest electric car maker in the United States, though. Its hold on the US market is not under a threat, at the moment, as almost all of BYD’s sales happens in China.
Who is the biggest electric car company in China?
BYD is the largest EV manufacturer in China. BYD is to China what Tesla is to the USA.
Who makes the most electric cars in Europe?
Which is the top EV company on the old continent? That honour goes to the Volkswagen Group, which has about 25% of the EV market in Europe.
List of the top electric car companies globally
This list is according to number of cars sold, and is constantly updated.
- Tesla
- BYD
- Volkswagen Group (Volkswagen Group includes Volkswagen, Audi, Skoda, and Porsche)
- Toyota
- General Motors (GM)
- SAIC-GM-Wuling Motors
- BMW
- Nissan
- Hyundai
- Ford Motors
These are the 10 electric car companies in the world. The top two spots continue to be a swinging battle between American Tesla and Chinese BYD. Volkswagen Group is firmly in the third place.
Electric vehicles use an electric motor in place of a combustion engine (gasoline/petrol or diesel). For more details, read our instructive article: What are Electric Cars? Are They More Efficient Than Fuel-Powered Cars? Plus 5 Facts And More.