Wedoany.com Report-Dec.27, Data shows that global cumulative sales of plug-in vehicles have recently surpassed 75 million units. Analysis suggests that, based on current trends, the global market is expected to reach the milestone of 100 million cumulative sales by early 2027.

In this market progression, Chinese automaker BYD has achieved its own milestone, with cumulative production of plug-in hybrid vehicles exceeding 15 million units. Reader and writer Larry Evans highlighted the connection: "BYD's cumulative plug-in vehicle sales reaching 75 million means its lifetime market share has hit 20%." This indicates that approximately one-fifth of all plug-in vehicles sold globally to date come from BYD.

While consolidating its position in the Chinese market, BYD is actively expanding its business in Europe, South America, Africa, and other parts of Asia. As the global plug-in vehicle market continues to grow and diversify, whether BYD can maintain its 20% market share in the long term will be a key focus for industry observers.

Regarding other major manufacturers, Tesla's cumulative vehicle deliveries reached approximately 8.46 million by the end of the third quarter of this year. Including recent sales, its total cumulative volume is estimated to be close to 8.7 million units, accounting for nearly 12% of the global cumulative plug-in vehicle sales. It should be noted that all of Tesla's sales come from pure electric vehicles.