Connect with us

Energy

Global EV Production: BYD Surpasses Tesla

Published

on

Subscribe to the Elements free mailing list for more like this

Global EV Production by Brand 2022

Global EV Production: BYD Surpasses Tesla

This was originally posted on Elements. Sign up to the free mailing list to get beautiful visualizations on natural resource megatrends in your email every week.

2022 was another historic year for EVs, with annual production surpassing 10 million cars for the first time ever. This represents a sizeable bump up from 2021’s figure of 6.7 million.

In this infographic, we’ve used data from EV Volumes to visualize the top 15 brands by output. The color of each brand’s bubble represents their growth from 2021, with the darker shades depicting a larger percentage increase.

Data Overview and Key Takeaways

The raw data we used to create this infographic is listed below. Volume figures for 2021 were included for convenience.

RankCompany20222021Growth from 2021
1🇨🇳 BYD1,858,364598,019211%
2🇺🇸 Tesla1,314,319936,24740%
3🇩🇪 VW Group839,207763,85110%
4🇺🇸 GM (incl. Wuling Motors)584,602516,63113%
5🇺🇸 🇮🇹 🇫🇷 Stellantis512,276381,84334%
6🇰🇷 Hyundai Motors (incl. Kia)497,816348,66043%
7🇩🇪 BMW Group433,164329,18232%
8🇨🇳 Geely Auto Group351,35699,980251%
9🇩🇪 Mercedes-Benz Group337,364281,92920%
10🇫🇷 🇯🇵 Renault-Nissan-Mitsubishi Alliance335,964289,47316%
11🇨🇳 GAC Group287,977125,384130%
12🇨🇳 SAIC Motor Corp.256,341237,0438%
13🇸🇪 Volvo Cars253,266220,57615%
14🇨🇳 Chery Auto Co.253,141107,482136%
15🇨🇳 Changan Auto Co.245,555105,072134%
16🌎 Other (41 companies)1,927,2111,326,26245%

Includes BEVs and PHEVs

BYD Auto

BYD Auto has leaped past Tesla to become the new EV king, boosting its output by a massive 211% in 2022. Given this trajectory, the company will likely become the world’s first automaker to produce over 2 million EVs in a single year.

BYD has a limited presence in non-domestic markets, but this could change rather quickly. The company is planning a major push into Europe, where it expects to build factories in order to avoid EU tariffs on Chinese car imports.

The company is also building a factory in Thailand, to produce right-hand drive models for markets like Australia, New Zealand, and the UK.

Tesla

Tesla increased its output by a respectable 40% in 2022, staying ahead of Western brands like Volkswagen (+10%) and GM (+13%), but falling behind its Chinese rivals such as Geely (+251%).

Whether these Chinese brands can maintain their triple digit growth figures is uncertain, but one thing is clear: Tesla is facing more competition than ever before.

The company is targeting annual production of 20 million cars by 2030, meaning it will need to keep yearly growth rates in the high double digits for the rest of the decade. To support this initiative, Tesla is planning a multi-billion dollar factory in Mexico capable of producing 1 million cars a year.

Hyundai

Hyundai Motor Company, which also owns Kia, posted a similar growth rate to Tesla. The South Korean automaker was a relatively early player in the EV space, revealing the first Hyundai Ioniq in 2016.

In late 2022, several countries including South Korea expressed their disapproval of the Biden administration’s Inflation Reduction Act, which withdrew tax credits on EVs not produced within the United States.

Hyundai is currently building a $5.5 billion EV factory in the state of Georgia, but this facility will not become operational until 2025. In the meantime, South Korea has revised its own EV subsidy program to favor domestic brands.

Click for Comments

Environment

Charted: The Safest and Deadliest Energy Sources

What are the safest energy sources? This graphic shows both GHG emissions and accidental deaths caused by different energy sources.

Published

on

Safest energy sources shareable updated

Charted: The Safest and Deadliest Energy Sources

Recent conversations about climate change, emissions, and health have put a spotlight on the world’s energy sources.

As of 2021, nearly 90% of global CO₂ emissions came from fossil fuels. But energy production doesn’t just lead to carbon emissions, it can also cause accidents and air pollution that has a significant toll on human life.

This graphic by Ruben Mathisen uses data from Our World in Data to help visualize exactly how safe or deadly these energy sources are.

Fossil Fuels are the Highest Emitters

All energy sources today produce greenhouse gases either directly or indirectly. However, the top three GHG-emitting energy sources are all fossil fuels.

EnergyGHG Emissions (CO₂e/gigawatt-hour)
Coal820 tonnes
Oil720 tonnes
Natural Gas490 tonnes
Biomass78-230 tonnes
Hydropower34 tonnes
Solar5 tonnes
Wind4 tonnes
Nuclear3 tonnes

Coal produces 820 tonnes of CO₂ equivalent (CO₂e) per gigawatt-hour. Not far behind is oil, which produces 720 tonnes CO₂e per gigawatt-hour. Meanwhile, natural gas produces 490 tonnes of CO₂e per gigawatt-hour.

These three sources contribute to over 60% of the world’s energy production.

Deadly Effects

Generating energy at a massive scale can have other side effects, like air pollution or accidents that take human lives.

Energy SourcesDeath rate (deaths/terawatt-hour)
Coal24.6
Oil18.4
Natural Gas2.8
Biomass4.6
Hydropower1.3
Wind0.04
Nuclear energy0.03
Solar0.02

According to Our World in Data, air pollution and accidents from mining and burning coal fuels account for around 25 deaths per terawatt-hour of electricity—roughly the amount consumed by about 150,000 EU citizens in one year. The same measurement sees oil responsible for 18 annual deaths, and natural gas causing three annual deaths.

Meanwhile, hydropower, which is the most widely used renewable energy source, causes one annual death per 150,000 people. The safest energy sources by far are wind, solar, and nuclear energy at fewer than 0.1 annual deaths per terawatt-hour.

Nuclear energy, because of the sheer volume of electricity generated and low amount of associated deaths, is one of the world’s safest energy sources, despite common perceptions.

Continue Reading

Subscribe

Popular