Tesla and BYD emerge as EV leaders, Japanese automakers lag behind

The latest report announced the performance ranking of automakers in the global electric vehicle field, with a release date of June 1. The report focuses on the current progress of automobile companies in transitioning from fuel vehicles to electric vehicles, and classifies these companies into leaders, followers, and laggards. It's surprising that Tesla and BYD are seen as leaders, while the performance of Japanese automakers has been met with dismal reviews.

According to the editor’s understanding, this report called “Global Automobile Manufacturer Ratings 2022” was compiled by the International Council on Clean Transportation (ICCT). Among the world's top 20 passenger car manufacturers, only Tesla and BYD are the leaders, according to data compiled by the institute. Meanwhile, 12 companies are classified as transitioners, with BMW and Volkswagen leading the way. Finally, the six laggards are made up of five Japanese brands and one Indian carmaker.

ICCT conducted rankings and ratings by analyzing the market share, technology and strategic vision of automakers. As the only brand that focuses on the production of electric vehicles and has not entered the field of fuel vehicles, Tesla shows an unquestionable future. BYD is rapidly transforming into a pure electric vehicle manufacturer and will officially announce the discontinuation of pure fuel vehicles in April 2022. However, plug-in hybrid vehicles are still an important part of its strategic plan.

According to data released by ICCT, there are more brands that support electrification than those that oppose it. Among them, Germany's BMW and Volkswagen have made more electrification efforts than other traditional competitors, while Chinese independent brand car companies such as Geely, SAIC, Great Wall, and Changan are also among the transformers. However, Ford, General Motors, and Hyundai and Kia are lagging behind in electric vehicles, which may indicate that their countries are less interested in electric vehicles than other regions.

In contrast, Japan, which once dominated the world in the era of fuel vehicles, seems not to pay enough attention to electric vehicles. All five Japanese automakers, including Toyota, Honda, Nissan, Mazda and Suzuki, are classified as laggards in the ICCT rankings. Surprisingly, Toyota ranks highest among laggards, followed by Honda and Nissan. Although Nissan has been launching an electrified Leaf for years, Honda has not put much effort into electric vehicles.

Obviously, the lagging state of these automobile manufacturers can be attributed to the lack of strategic vision or the lack of strategic vision. Tesla has achieved 100% zero-emission vehicle production and continues to do so. Many competitors also have high goals for the future. According to data, Toyota's investment in electric vehicles has only reached 39% of the target, which is disappointing.

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