What is the biggest electric car company?

The biggest electric car company is BYD. It sold 1.8 million EVs in the first half of 2026, over 1 million more than any other company.

How many EVs were sold in 2025?

There were 21 million EVs sold in 2025. That's a 24% increase from 2024.

What percentage of vehicles sold in 2025 were electric?

EVs accounted for 25% of vehicles sold in 2025.

How many Chinese EV manufacturers are there?

There are many Chinese EV manufacturers, though the exact number fluctuates. However, six of the top 10 largest EV manufacturers in the world in 2026 are headquartered in China. The biggest three Chinese EV manufacturers are BYD, Geely Auto Group, and Chery Group.

Largest EV Companies in 2026

There were 21 million electric vehicles (EVs) sold in 2025 -- who's building them?

By Lyle Daly – Updated Sep 30, 2026 at 3:00 PM EST | Fact-checked by Frank Bass

Key Points

BYD Company led in EV production in H1 2026, manufacturing 1.8 million EVs.
Tesla saw a 25% increase in EV deliveries in Q2 2026 after prior declines.
Geely Automobile's EV sales rose by 10% year-over-year in H1 2026.

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Line of electric cars being charged. — Image Source: Getty Images

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The largest EV companies

The largest EV manufacturers

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Data source: EV sales/deliveries from each manufacturer or trade press.
Manufacturer	BEV	FCEV	PHEV/EREV	Total	Metric
BYD	-	-	-	1,808,511	Sales
Tesla Inc.	-	-	-	838,149	Deliveries
Geely Auto Group (exluding Volvo)	711,486	-	311,588	799,454	Sales
SAIC Motor	-	-	-	796,000

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1. BYD

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Headquarters: China
Founded: 1995
EVs sold in H1 2026: 1,808,511

Chinese conglomerate BYD Company, which stands for "Build Your Dreams," is the global leader in EV manufacturing. It produces personal and commercial EVs and EV batteries. Although still dominant, BYD saw its sales decline by 15.7% year over year in the first half of 2026 due to a price war in China and a transition in Blade Battery production.

2. Tesla

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Headquarters: United States
Founded: 2003
EVs delivered in H1 2026: 838,149

Tesla is the largest automaker by market cap and offers several popular EVs, including the Model 3 and Model Y. After two years of declining deliveries, Tesla posted strong results in the second quarter of 2026, with 25% year-over-year growth.

3. Geely Automobile

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Headquarters: China
Founded: 1986
EVs sold in H1 2026: 799,454

One of the top automotive companies in China, Geely Automobile controls quite a few auto brands around the world and is growing quickly. Its EV sales in the first half of 2026 increased 10% year over year.

4. SAIC Motor Corporation

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Headquarters: China
Founded: 1997
EVs sold in H1 2026: 796,000

SAIC Motor Corporation is a state-owned Chinese automaker. It manufactures its own car brands, including MG Motor and Roewe, as well as joint ventures through manufacturing partnerships.

5. Volkswagen

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6. Chery Automobile

Headquarters: China
Founded: 1997
EVs sold in H1 2026: 475,238

Chery Automobile, another one of China's largest automakers, is owned by the Wuhu municipal government. Chery New Energy is this car company's EV subsidiary, with models that include the Arrizo e, eQ1, and QQ Ice Cream.

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7. Changan Automobile Group

Headquarters: China
Founded: 1862
EVs sold in H1 2026: 414,201

While some automakers on this list have only been around for a few decades, Changan Automobile Group was founded over 150 years ago. This state-owned automaker was originally a military supply company before it began manufacturing cars in 1959. Changan's EV brands are Changan Nevo, an entry-level line, Deepal, and Avatr Technology, a premium EV brand and joint venture with multiple other companies.

8. BMW

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Data source: EV sales/deliveries from each manufacturer or trade press.
Manufacturer	Total	Metric
Renault Group	~219,000	Sales, Europe passenger cars (derived)
Kia	196,000	Retail sales
Li Auto	193,472	Deliveries
Seres Group	178,777	Sales
Mercedes-Benz Group	168,812	Deliveries, cars only
Volvo Car Group	160,971	Retail sales
Great Wall Motor	160,435	Sales
Hyundai Motor	87,888	Sales (mixed retail/wholesale)
Voyah	76,264

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Data source: EV sales/deliveries from each manufacturer or trade press.
Manufacturer	BEV	FCEV	PHEV/EREV	Total	Metric
BYD	2,256,714 (passenger)	0	2,288,709 (passenger)	4,602,436	Sales
Geely Auto Group (excluding Volvo)	-	-	-	1,687,767	Sales
Tesla	1,636,129	0	0	1,636,129	Deliveres
SAIC Motor	-	-	-	1,642,785	Sales

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Source: International Energy Agency, Global EV Outlook 2026.
Year	EV Sales	EV Sales Share
2020	3,000,000	4.4%
2021	6,600,000	9.3%
2022	10,000,000	15.0%
2023	14,000,000	18.0%
2024	17,000,000	21.0%
2025	21,000,000	25.0%
2035*	55,000,000	53.0%

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Source: International Energy Agency, Global EV Outlook 2026.
Year	U.S. EV Sales	U.S. EV Sales Share	China EV Sales	China EV Sales Share	Europe EV Sales	Europe EV Sales Share
2020	300,000	2.3%	1,100,000	5.7%	1,400,000	10.0%
2021	630,000	4.7%	3,300,000	16.0%	2,300,000	17.0%
2022	990,000	7.7%	6,000,000	29.0%	2,700,000	21.0%
2023

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Data source: International Energy Agency.

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About the Author

Lyle Daly is a contributing Motley Fool stock market analyst covering information technology and cryptocurrency. Lyle has been a contributor at the financial services company since 2018. His work has been featured on USA Today, Yahoo Finance, MSN, Fox Business, and Nasdaq. Before joining The Motley Fool, he wrote for financial brands including Intuit.

TMFLyleDaly

@LyleDaly

Lyle Daly has positions in Tesla. The Motley Fool has positions in and recommends Tesla. The Motley Fool recommends BYD Company, General Motors, and Volkswagen Ag. The Motley Fool has a disclosure policy.

Largest EV Companies in 2026: EV Sales by Manufacturer

There were 21 million electric vehicles (EVs) sold in 2025 -- who's building them?

Key Points

The largest EV companies

The largest EV manufacturers

1. BYD

2. Tesla

3. Geely Automobile

4. SAIC Motor Corporation

5. Volkswagen

6. Chery Automobile

7. Changan Automobile Group

8. BMW

About the Author

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The largest EV companies

The largest EV manufacturers

1. BYD

2. Tesla

3. Geely Automobile

4. SAIC Motor Corporation

5. Volkswagen

6. Chery Automobile

7. Changan Automobile Group

8. BMW

2025 EV manufacturing

Global EV sales

Average EV prices

FAQs

What is the biggest electric car company?

How many EVs were sold in 2025?

What percentage of vehicles sold in 2025 were electric?

How many Chinese EV manufacturers are there?

China dominates EV manufacturing

Sources

10. Guangzhou Automobile Group (GAC Group)

Companies 11-20.

OTC: BYDDY

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NASDAQ: TSLA

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OTC: GELYF

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FRA: VOW

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OTC: BMWYY

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NYSE: TM

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OTC: GNZUF

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9. Toyota Motor