An all-electric car has topped the global car sales charts for the first time and is none other than that. Tesla Model Y became the best-selling passenger car model in the first quarter of 2023, according to Jato Dynamics through Motor1.
According to data for 53 markets worldwide from the research firm, the Model Y took the lead with 267,200 units sold in the first quarter of this year, up about 69 percent from the same period last year. Markets where the Model Y is doing well include China, its core market, in the United States where volumes are up 68%, and in Europewhere it became the best-selling vehicle.
Second place in sales in Q1 2023 after Model Y is Toyota Corolla at 256,400 units, the report recorded lower sales despite being sold in many vehicle models, namely sedan, roadster And station wagon.
The Model Y ranked third in sales last year, behind the Corolla and another Toyota, the RAV4. According to data from 152 markets, 747,500 Model Ys were sold last year, up 91% from 2021.
However, Corolla’s sales performance is on a downward trend, recording a 29% drop in sales in China and a 10% drop in the US market.
For Europe in particular, the number of new car registrations in March increased 26% to 1,414,815 units and in Q1 increased 17% to 3,220,806 units, which is the highest level since 2019, according to Jato Dynamics. Felipe Munoz, global analyst at Jato Dynamics, said: “The increase in registrations was largely explained by orders accumulated from many months earlier that could not be delivered due to lack of components at the time. there.
Battery-powered vehicles (BEVs) were a strong driver of this growth, with more than half of vehicle registrations in Q1 being BEVs, up 43% in volume in March to more than 219,000 units. Of these, Tesla accounted for 28% of all BEV registrations in Europe in March and 22% in the first quarter, as reported by Jato Dynamics.
LIBRARY: Tesla Model Y in Malaysia
