Tesla Model Y EV top-selling car globally in Q1 2023

Tesla Model Y EV top-selling car globally in Q1 2023

A fully electric vehicle has topped the global car sales rankings for the first time, and it is none other than the Tesla Model Y which has become the best-selling passenger car in the first quarter of 2023, according to Jato Dynamics via Motor1.

According to data for 53 markets worldwide from the research firm, the Model Y led the pack with 267,200 units sold in the first quarter of this year, which represented an increase of around 69% over the same period last year. Markets where the Model Y performed well included China, its core market, in the United States where volume grew 68%, and in Europe, where it became the best-selling vehicle.

Second place in sales for Q1 2023 behind the Model Y is the Toyota Corolla at 256,400 units, which the report notes to have recorded lower sales despite being on sale in a range of bodystyles, namely sedan, hatchback and station wagon.

The Model Y ranked third in sales last year, behind the Corolla and another Toyota, the RAV4. According to data from 152 markets, 747,500 units of the Model Y were sold last year, itself a 91% increase from 2021.

Second to the Model Y was the Toyota Corolla, which sold 256,400 units in Q1 2023 across all bodystyles

The Corolla’s sales performance was on a downward trend, however, recording a 29% drop in sales volume in China and a 10% drop in the Unites States market.

For Europe in particular, new car registrations for the month of March gained 26% to 1,414,815 units, and for the Q1 period by 17% to 3,220,806 units, which is the highest it has been since 2019, according to Jato Dynamics. “The increase in registrations is largely explained by accumulated orders from months previous that could not be delivered due to the lack of components at the time,” said Jato Dynamics global analyst Felipe Munoz.

Battery-electric vehicles (BEVs) were a strong driver of this growth, with more than half of all car registrations in Q1 being BEVs, gaining in volume by 43% in March to more than 219,000 units. Of these, Tesla accounted for 28% of all BEV registrations in Europe in the month of March, and 22% for the first quarter, according to the Jato Dynamics report.

GALLERY: Tesla Model Y in Malaysia

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Mick Chan

Open roads and closed circuits hold great allure for Mick Chan. Driving heaven to him is exercising a playful chassis on twisty paths; prizes ergonomics and involvement over gadgetry. Spent three years at a motoring newspaper and short stint with a magazine prior to joining this website.

 

Comments

  • Student on May 26, 2023 at 9:13 pm

    The boring and outdated Interior is suitable for uncle, targeted buyer group.

    Thumb up 20 Thumb down 12
  • Bossku on May 27, 2023 at 4:27 am

    Wow…why do people want to buy a car with a plastic looking steering wheel and 15-inch Dell computer monitor? Most people’s lounge room looks better than the cabin of any Tesla! Then again, it might just be a statement to show people you can about the environment when driving, but not so much about some poor third world country that might have to recycle those toy batteries when they reach end of life and how they have to deal with the waste!

    Thumb up 50 Thumb down 40
    • usd printing engineers on May 27, 2023 at 12:25 pm

      So sad human species with poor knowledge wandering at PT car blog…….Go lookup latest yt post by Fully Charged Show title “The Biggest Electric Car Myth Busted” ok

      Thumb up 15 Thumb down 18
    • SmartBuyer on May 27, 2023 at 12:45 pm

      That is why most people are buying BYD. Now not enough stock to meet demand. Pay less and get way more.

      Thumb up 26 Thumb down 3
  • dev/numb on May 27, 2023 at 6:40 am

    Can’t understand why so many want to pay premium price for the build quality of a dilapidated sampan.

    Thumb up 17 Thumb down 3
  • not a fanboy just passionate on May 27, 2023 at 11:23 am

    expected as Model Y is not a premium car. its equivalent to Civic or Corolla, at least in the US. its only premium in Malaysia due to weak ringgit

    Thumb up 13 Thumb down 0
  • afmgt on May 27, 2023 at 9:59 pm

    a proud owner here. even though a pain to see the price i paid for being few months ahead

    Thumb up 4 Thumb down 11
  • Squid on May 29, 2023 at 11:14 am

    That Corolla Wagon looks so good

    Thumb up 1 Thumb down 7
  • Mike Tee on May 29, 2023 at 11:42 am

    What most people don’t realise is how good Tesla autopilot is compared to every other manufacturer. Even in 2017 it was mindblowingly good, in highway driving you can go hands off for 15-30 mins on end without intervention.

    The latest FSD (beta) is capable of hands off from standstill to destination. Go look it up on YouTube

    If you have a >30 minutes commute everyday each way, you will love autopilot.

    Thumb up 5 Thumb down 17
    • Driving with hands off?
      Too boring,

      No meaning I play a Car Game without the need controlling.
      I don’t really need pedalling but I want my steering control.

      Thumb up 2 Thumb down 1
    • That is no indication of how good a smart cruise control is. Just because Tesla is willing to let loose it’s BETA software doesn’t mean it is superior. There are a lot of autopilot related near-misses and crashes.

      Normal car makers also have great smart cruise control technology but they are more proactive to ensure that driver is not letting go of control.

      Thumb up 0 Thumb down 1
    • Ilovedriving on Jul 14, 2023 at 10:04 pm

      Try searching for tesla autopilot crashes. It pays to be more cautious than advocating something dangerous

      Thumb up 0 Thumb down 0
 

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