The Global EV Sales data below draws on work from our EV Sales Monthly Assessment, which provides a view of the progression of battery electric and plug-in hybrid sales globally month by month, as well as strategy and model updates. Click here to request more information on this report.

Click on the image below to scroll through the full EV sales data carousel:

In September 2023, BEV and PHEV sales were up by 2.9% month-on-month to 1.28 million units. Tesla’s sales decreased by 14% compared to August 2023, this decrease was predominantly driven by China, where Tesla had a 33% month-on-month decrease in sales, selling 22,000 fewer vehicles than it had last month and 34,000 fewer than in September last year. While Tesla experienced a decline this month, SAIC had the largest month-on-month increase of the top 10 best selling OEMs at 17%, with over 80% of its growth coming from the Wuling and MG marques.

This data is taken from our EV Sales Monthly Assessment. To request a copy of the full report, click here

Why do we track EV sales and EV battery demand?

As EV and battery market analysts, we track EV sales across all vehicle classes, cathode and anode chemistry, and battery demand on a monthly basis. Our tracker is used for analysis on the implications for raw material demand, and for the deployment of battery packs so that our members and followers can better understand what is driving global EV sales and battery demand.

Who benefits from understanding EV sales and EV battery demand?

In order to form robust strategies and informed policies, battery manufacturers, OEMs, EV battery technology companies and policy makers need a solid grasp of what EV battery demand looks like from region to region, and from one time period to the next. Anyone operating within the EV supply chain, will benefit from understanding EV battery demand, what is driving it and how it affects the EV market as a whole.

As part of the work involved to produce our EV and battery products, we publish a monthly EV Sales infographic, to offer our members and followers regular insights into how EV sales are developing globally. The infographic provides news highlights, and insights into monthly EV sales by region, top OEMs YTD, top five BEVs sold globally YTD, and global BEV and PHEV share, YTD.

How do we track the EV and battery markets?

Our EV Battery Chemistry Monthly Assessment, and our EV & Battery Quarterly Outlook both contain in-depth analysis into EV battery demand, EV sales and all other key variables that shape the EV and battery markets.

The EV Battery Chemistry Assessment is a weighted average of vehicle battery chemistry across passenger car and light duty vehicle, bus and coach, and medium and heavy duty vehicle sectors. Electric vehicle sales data is collected on a model-by-model basis from automotive associations at country level for both BEV and PHEV vehicles for major markets. This analysis covers a minimum of 90% of total global market sales, and provides a balanced representation of markets with different vehicle characteristics, suppliers and seasonality. Our EV battery demand index is derived from this data.

Our forecasts are based on robust and informed methodologies looking at the interactions between different functions in the supply chain. We track the following variables that impact the forecast: Legislation and incentives, OEM strategy, battery manufacturers’ capital investment and battery chemistry strategy, battery raw material pricing and costs, charging infrastructure investment, electric vehicle cost of ownership and consumer behaviour. For each vehicle model we collect data relating to battery pack size, battery chemistry, cell format, number of cells, and pack supplier in addition to a number of other vehicle metrics

How could our data help you?

Our insight and analysis on the EV market and battery technology advances, allow our clients to be fully up to date on latest developments, and will help inform the ways in which they react and respond to changing market dynamics. Businesses with an interest in the EV supply chain, from battery raw materials suppliers, battery manufacturers, OEMs, to charging infrastructure providers, will find it easier to form considered and forward-thinking strategies when equipped with Rho Motion data and analysis.

Rho Motion’s EV & Battery Market Reports

To find out more about our EV & battery market reports, click on the links below or contact us on +44 (0) 203 960 9986. Alternatively complete the form below and we will be in touch.

EV & Battery Chemistry Monthly Assessment >>

EV & Battery Quarterly Outlook >>

EV & Battery Monthly Database >>

EV Motors Monthly Assessment >>

Hybrid EV & Battery Quarterly Outlook >>

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