Battery electric vehicle (BEV) sales have skyrocketed during the first quarter of 2021, according to the investigation by market intelligence company TrendForce. In fact, they have witnessed an impressive 153% increase year-over-year, with 750,000 units sold. Most notably, their report provided significant insights on the sales ranking. Tesla may have remained the established sales leader with 24.6% market share, but it is the Chinese automakers who collectively hold the largest market share of 25.1%, and who have moved up the ranks compared to last year. Specifically, Wuling Hongguang, BYD, and ORA take three of the top five spots. As researched by the company,…
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Monday 17 May 2021
