Top 10 Electric Vehicles (EVs) manufacturers in the world

Hyundai and Kia are planning to launch as many as six EVs in India over the next three years. Both Hyundai and Kia will unveil three EVs each and will share parts under the skin.

Nowadays, an Electric car is considered one of the luxury products that most of us desire to have. It provides one a great driving experience with all the advanced and cool features. All-electric vehicles (EVs), also referred to as battery electric vehicles, have an electric motor instead of an internal combustion engine. Not just that but since it runs on electricity, therefore these electric cars emit no harmful gases and they do not contain the typical liquid fuels like petrol or diesel. They are super eco-friendly and an alternative to non-renewable and precious energy sources.

Advertisement

But it will take a lot of time and effort before, to make these electric cars more affordable and accessible to the common man. Because only then it will be a true success for its actual goal which stands for ‘To be used as an alternative of Petrol or Diesel cars’.

There are many electric cars manufacturers worldwide. But since it is becoming one of the most competitive sectors, only some of them can provide their best products in the market.

Here is the list of the top ten electric car manufactures around the world:

Tesla

Globally, in the first half of the 2020 year, Tesla stands at the first position and with 179,050 units sold, this EV manufacturer makes up 28% of the global market share. There is high consumer demand for Tesla’s cars due to their innovative technology, modern design, and high performance.

As the cheapest Tesla available, the Model 3 has a lot to offer, including a strong range and sleek styling. The rear-drive Standard Range Plus model starts at $41,190, including a $1,200 destination fee.

Recently in India, Telsa signed an agreement for manufacturing electric cars. It can be considered a good and futuristic step by India but because of few charging stations around the country, it might not give short terms benefits to both the manufacture and consumer.

Given this issue, the government was planning to build more charging stations and for that, a budget was also introduced by Finance minister Nirmala Sitharaman, however, due to COVID-19, these plans seem to be working slowly but steadily.

Renault–Nissan–Mitsubishi Alliance

This alliance is one of the global leaders in electric vehicles with around 737,492
electric vehicles sold from 2009 to the end of 2018.

There are three popular electric cars of this alliance, that is, Nissan LEAF, Renault ZOE and Outlander PHEV.

More than 409,000 Nissan LEAF have been sold around the world since its launch in 2010. Whereas 133,636 Renault ZOE were sold worldwide from 2012 to the end of 2018. Groupe Renault’s range is planning to include a total of 12 electrified and 8 all-electric vehicles by 2022.

Volkswagen

It is a German motor vehicle manufacturer which was founded in 1937 by the German Labour Front, known for its iconic Beetle. It has become one of the largest carmakers by worldwide sales in 2016 and 2017.

The two electric car models offered by it are e-up! and e-Golf. Intending to produce 50 electric cars by 2025, Volkswagen is the third most popular EV manufacturer in the world. In the first half of the 2020 year, it sold 64,542 units and has 10% of the global market share.

BYD

BYD Co. Ltd. was founded in Shenzhen in the mid-1990s as a manufacturer of batteries for brick-sized cellphones and digital cameras, now holds a total of 7% in the global market of electric cars.  Every month, it sells more than thirty thousand pure EVs/plug-ins in China. The cheapest model of this brand, which is the e1, starts at $8,950 after subsidies.

For six consecutive years, from 2014 to 2019, BYD’s electric vehicles ranked No.1 in global sales 2014 to 2019.  It sold 46,554 units in the first half of 2020 alone.

Kia and Hyundai

Kia Corporation is South Korea’s second-largest automobile manufacturer after its parent company Hyundai Motor Company.

Now, for the next three years, Hyundai and Kia are planning to launch as many as six EVs in India. Although they both will corporate with each other in the production of Hyundai and Kia, each will unveil three electric car models that will look completely different from the outside. To match the affordable market price in India these EVs will be kept in the sub-Rs 15 lakh price category. However, their launch is expected in 2024.

Both Kia and Hyundai share 6.5 percent in the global market share and they ranked at the fifth position in the world.

BMW

The BMWi is a sub-brand of BMW founded in 2011 to design and manufacture plug-in electric vehicles. The company initially released two vehicles, that is, the i3 all-electric car and the i8 plug-in hybrid.

The BMW Group electric vehicles sold 500,000 units in December 2019 which included BMWi, iPerformance, xDrive, and MINI models.

General Motors

General Motors (GM) is an American company that sells a wide range of vehicles worldwide. The first long-range but all-electric vehicle is the Chevy Bolt. With a starting price of $37,500 and 238 miles of range, it is known as a compact utility vehicle.

Chevrolet Volt which is one of its subsidiaries has won several awards for its eco-friendly electric cars range. The first award they won in 2009 which is Green Car Vision Award. They won three awards alone in 2011 including Green Car of the Year, North American Car of the Year and World Green Car both. They also won European Car of the Year in 2012 and Green Car of the Year in 2016.

Ford

Ford is a classic American car manufacturer and their leading electric vehicle is the Ford Focus Electric. It is an affordable EV with all the look and feel of a standard vehicle, but with over 100 miles per charge in its battery. It is an electric version of the Ford Focus model.

Toyota

While marking the history in the electric car sector, Toyota launched the world’s first mass-produced hybrid electric vehicle named the Prius in 1997. Now Toyota is working to reduce carbon emissions, by introducing electric vehicles as the concept of sustainable vehicles to the market. Toyota is planning to produce around 70 models of electric cars by 2025.

This year on April 19, Toyota Motor Corporation (Toyota) announced Toyota bZ, its newly established series of battery electric vehicles (BEVs), in the establishment of a full line-up of electrified vehicles.

Daimler AG

Daimler AG, a German multinational automotive corporation, also known as Daimler-Benz was formed with the merger of Benz & Cie. and Daimler Motoren Gesellschaft in 1926.

As the world’s biggest commercial vehicle manufacturer, Daimler is making use of new, sustainable drive systems for its trucks, buses, and vans as well as its cars. After the launch of the Vito E-Cell in 2010, the eVito is the second all-electric production model. Daimler is setting up another milestone for the future of electric cars production, with an extensive order for battery cells until the year 2030.