Every Major Automaker’s Plan to Go Electric

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3. Volkswagen
> EV sales, 2022: 578,451 (+27% from 2021)
> Total low-emission car sales, 2022: 839,285 – 3 highest of 23 on list
> Revenue (most recent FY): $295.82 billion – No. 8 on Fortune Global 500
> Country: Germany
> Ambition: All-electric vehicles to exceed 70% of European and 50% of Chinese and US sales by 2030, and by 2040 nearly 100% to be ZEVs

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2. BYD
> EV sales, 2022: 913,750 (+179% from 2021)
> Total low-emission car sales, 2022: 1,858,247 – 1 highest of 23 on list
> Revenue (most recent FY): $32.76 billion – No. 436 on Fortune Global 500
> Country: China
> Ambition: Agreed in COP26 to 100% ZEVs by 2040 globally, and by no later than 2035 in leading markets; seeking to capture 40% of India’s EV market by 2030

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1. Tesla
> EV sales, 2022: 1,314,330 (+40% from 2021)
> Total low-emission car sales, 2022: 1,314,330 – 2 highest of 23 on list
> Revenue (most recent FY): $53.82 billion – No. 242 on Fortune Global 500
> Country: US
> Ambition: Sell 20 million EVs per year by 2030