Global EV Production: BYD Surpasses Tesla
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.
|Rank||Company||2022||2021||Growth from 2021|
|3||🇩🇪 VW Group||839,207||763,851||10%|
|4||🇺🇸 GM (incl. Wuling Motors)||584,602||516,631||13%|
|5||🇺🇸 🇮🇹 🇫🇷 Stellantis||512,276||381,843||34%|
|6||🇰🇷 Hyundai Motors (incl. Kia)||497,816||348,660||43%|
|7||🇩🇪 BMW Group||433,164||329,182||32%|
|8||🇨🇳 Geely Auto Group||351,356||99,980||251%|
|9||🇩🇪 Mercedes-Benz Group||337,364||281,929||20%|
|10||🇫🇷 🇯🇵 Renault-Nissan-Mitsubishi Alliance||335,964||289,473||16%|
|11||🇨🇳 GAC Group||287,977||125,384||130%|
|12||🇨🇳 SAIC Motor Corp.||256,341||237,043||8%|
|13||🇸🇪 Volvo Cars||253,266||220,576||15%|
|14||🇨🇳 Chery Auto Co.||253,141||107,482||136%|
|15||🇨🇳 Changan Auto Co.||245,555||105,072||134%|
|16||🌎 Other (41 companies)||1,927,211||1,326,262||45%|
Includes BEVs and PHEVs
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 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 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.
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.
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.
|Energy||GHG Emissions (CO₂e/gigawatt-hour)|
|Natural Gas||490 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.
Generating energy at a massive scale can have other side effects, like air pollution or accidents that take human lives.
|Energy Sources||Death rate (deaths/terawatt-hour)|
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.
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