Every Major Automaker’s Plan to Go Electric

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18. Beijing Automotive Group (BAIC)
> EV sales, 2022: 71,304 (+27% from 2021)
> Total low-emission car sales, 2022: 71,496 – 19 highest of 23 on list
> Revenue (most recent FY): $74.69 billion – No. 162 on Fortune Global 500
> Country: China
> Ambition: China set a goal of 20% of new car sales would be electric vehicles by 2025

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17. Ford Motor
> EV sales, 2022: 105,359 (+89% from 2021)
> Total low-emission car sales, 2022: 181,967 – 17 highest of 23 on list
> Revenue (most recent FY): $136.34 billion – No. 53 on Fortune Global 500
> Country: US
> Ambition: One-third of sales to be fully electric by 2026 and 50% by 2030, with all-electric sales in Europe by 2030

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16. Volvo
> EV sales, 2022: 117,920 (+117% from 2021)
> Total low-emission car sales, 2022: 252,960 – 15 highest of 23 on list
> Revenue (most recent FY): $43.39 billion – No. 323 on Fortune Global 500
> Country: Sweden
> Ambition: Become a fully electric car company by 2030

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15. Mercedes-Benz Group
> EV sales, 2022: 163,418 (+61% from 2021)
> Total low-emission car sales, 2022: 337,491 – 10 highest of 23 on list
> Revenue (most recent FY): $158.31 billion – No. 38 on Fortune Global 500
> Country: Germany
> Ambition: All newly launched vehicles will be fully electric from 2025

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14. SAIC Motor
> EV sales, 2022: 203,314 (+25% from 2021)
> Total low-emission car sales, 2022: 256,615 – 14 highest of 23 on list
> Revenue (most recent FY): $120.90 billion – No. 68 on Fortune Global 500
> Country: China
> Ambition: China set a goal of 20% of new car sales would be electric vehicles by 2025