It’s not so surprising that Tesla is leading the way with the fastest-selling EV. The Model 3 is the world’s all-time best selling electric car with 645,000 units sold since 2020. Analysing the average time it takes to sell the 10 fastest-selling EVs, the Tesla Model 3 sells an incredible 17 times quicker than the top 10 EVs. 589 Model 3s are sold a day, and 25 are sold every hour.
A new study from LeaseLoco worked out which vehicles can claim to be the fastest and best-selling cars on Earth. Electric vehicles, while relatively new to the automotive sector on a mass-market scale, are becoming more mainstream every day. Tesla is without a doubt the most popular EV brand on Earth, and although the automaker has not yet reached the scalability or output of the world’s largest car companies, but with 2 new Giga factories starting soon, it’s well on its way. If the figures obtained by LeaseLoco are any indication of what is in store for Tesla, and as mentioned in previous posts, the automotive sector can expect a new dominating force in the world of vehicles.
The Renault Zoe is Europe’s best-selling electric car, however, the Zoe is only ranked 10th in the list with 2,967 sold every month, 98 a day, and 4 sold an hour. The Zoe sold six times slower than the Tesla Model 3, proving just how popular the Model 3 is.
The Model 3 was not the only vehicle Tesla had on the list, either. The Model Y, despite only being about 18 months into its lifespan as a Tesla vehicle, captured third on the list with 100,000 average units sold per year, equating to 11.4 units sold every hour. Pretty impressive for a relatively new car and Tesla’s first attempt at a crossover.
Compared to ICE vehicles, the Model 3 is the 30th fastest-selling car of all time. The car with the best sales per hour rate of all-time is the Nissan Sentra, selling 182 cars per hour or 3.03 every minute.
As you can see, EVs have a long way to go before they reach sales of ICE vehicles, but I'm sure over the next couple of years, we'll see the gap reduce rapidly.
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