The American company Tesla, of course, is one of the largest players in the electric car market – it was thanks to the ambitious ideas of Elon Musk that the electric vehicle segment began to develop by leaps and bounds. But, as analysts from all over the world predicted, Tesla was not destined to remain the leader of this market for a long time, especially against the backdrop of a growing number of competitors and an impressive shortage of semiconductors, which also hit the automotive segment. And, as it turned out, the analysts were right, since already in the first half of 2022, the American giant was removed from the pedestal.
At the moment, according to official information, the first place in sales of electric cars in the world market is not occupied by Tesla, but by the Chinese giant BYD – Warren Buffett invested in this company at one time (and, apparently, did not lose). The fact is that the Chinese vehicle manufacturer managed to sell 641,000 electric cars in six months of this year (this is 315% more than sales of the same brand over the past six months), while Tesla lagged behind by an impressive 77,000 vehicles – the American leader shipped only 564 thousand electric vehicles.
It is worth noting that BYD has had a really successful period since the beginning of the year – initially, the Chinese manufacturer predicted to sell from 1.1 to 1.2 million cars for the entire 2022, of which about half would be occupied by electric cars (600 thousand per year), and the second – hybrid vehicles (another 600 thousand per year). But judging by the sales information of the Chinese brand, BYD managed to meet its annual electric car sales target in just six months. And if the situation does not change, then the electric vehicle company will sell more than a million units in a year, significantly exceeding its initial forecasts.
But Tesla clearly overestimated its capabilities – the company is significantly behind its own sales plan. The fact is that company representatives predicted sales growth of Tesla cars at the level of 50% compared to last year, while in reality it turned out that the growth was 46%. It may not seem significant, but when it comes to a million cars a year, 4% is a noticeable lag. It’s probably all about the problems caused by supplies from China – the pandemic has disrupted supply chains, while BYD, apparently, was able to avoid this difficulty.
Source: Trash Box
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