Every Major Automaker’s Plan to Go Electric

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8. Guangzhou Automobile Industry Group
> EV sales, 2022: 287,467 (+130% from 2021)
> Total low-emission car sales, 2022: 287,845 – 13 highest of 23 on list
> Revenue (most recent FY): $66.96 billion – No. 186 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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7. Stellantis
> EV sales, 2022: 299,389 (+38% from 2021)
> Total low-emission car sales, 2022: 527,139 – 5 highest of 23 on list
> Revenue (most recent FY): $176.66 billion – No. 29 on Fortune Global 500
> Country: Netherlands
> Ambition: 100% of sales in Europe and 50% of sales in the US to be BEVs by the end of this decade and plan to offer more than 75 BEV models and reach global annual BEV sales of 5 million units by 2030

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5. Kia
> EV sales, 2022: 372,294 (+52% from 2021) (Figures are for Hyundai/Kia)
> Total low-emission car sales, 2022: 509,439 – 6 highest of 23 on list
> Revenue (most recent FY): $61.05 billion – No. 212 on Fortune Global 500
> Country: South Korea
> Ambition: Accelerating EV transition to sell 1.2 million BEVs and 2 million eco-friendly cars in 2030; expanding proportion of eco-friendly cars to 52%

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5. Hyundai Motor
> EV sales, 2022: 372,294 (+52% from 2021) (Figures are for Hyundai/Kia)
> Total low-emission car sales, 2022: 509,439 – 6 highest of 23 on list
> Revenue (most recent FY): $102.78 billion – No. 92 on Fortune Global 500
> Country: South Korea
> Ambition: Targets to sell 1.87 million BEVs annually by 2030 by introducing 17 new BEV models by then — 11 for Hyundai models and six for Genesis luxury brand

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4. General Motors
> EV sales, 2022: 568,645 (+13% from 2021)
> Total low-emission car sales, 2022: 584,600 – 4 highest of 23 on list
> Revenue (most recent FY): $127.00 billion – No. 64 on Fortune Global 500
> Country: US
> Ambition: 30 EV models and BEV production capacity of 1 million units in N. America by 2025, plus carbon neutrality in 2040