World’s 10 Biggest Automakers & Their EV Plans

by Zachary Shahan

Published on 7 November 2018

World’s 10 Biggest Automakers & Their EV Plans

Tesla has busted open the mainstream electric vehicle market. The problem is, approximately 17 million passenger vehicles are sold per year in the USA, the number globally is around 100 million, and there’s no way in the netherworld Tesla could produce 17–100 million cars per year on its own by 2030. Yes, Chinese automakers are ramping up electric vehicle production faster than automakers in the US and Europe, but they aren’t taking over the world anytime soon either.

Even if Tesla rises to 10 million vehicles a year at some point in the next 10+ years, that could leave 90 million vehicles per year that other automakers need to electrify.

We need a rapid shift to electric cars (and other clean technologies) or we’re massively screwed. So, the message is clear: we need large automakers to follow Tesla’s lead.

I recently published a summary view of the electric vehicle plans of the world’s 3 largest automakers and then automakers #4–7 and then automakers #8–10. Per reader request, here’s all 10 of them together. (Note: the rankings and sales figures are based on 2017 sales.)

 

1. Toyota

(10.2 million sales)

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