Tesla Strong China Sales and EVs Have Passed S Curve Adoption Tipping Point

Tesla had strong August China sales and electric vehicles have passed the tipping point in s-curve adoption.

There are a few different tipping points for s-curve adoption (5% market share, 10% and 15%).

EVs have passed a crucial tipping point in 23 countries signaling the start of mass adoption. Once sales hit a 5% inflection point, countries have seen rapid rates of adoption.

EVs have passed a crucial tipping point in 23 countries signalling the start of mass adoption. Once sales hit a 5% inflection point, countries have seen rapid rates of adoption, with median sales growth of 55% last quarter compared to same period a year ago -Bloomberg $TSLA pic.twitter.com/1TmYDpDvhq

— OS (@OpenskiesX) September 2, 2023

China August 2023 wholesale numbers for top three makers are:
#1 BYD: 274,086 (half of BYD sales are hybrid and half are full electric)
#2 Tesla: 84,159
#3 GAC Aion: 52,057
(CPCA)

Tesla wholesale (local sales + exports) from China is 84,159 for August. https://t.co/ZiXZWHS8vO pic.twitter.com/W3WuF6Sb46

— Roland Pircher (@piloly) September 4, 2023

So far, about half of the countries from which we have Tesla sales data for August are looking like a new record quarter.

🇫🇷 France
🇮🇹 Italy
🇪🇸 Spain
🇵🇹 Portugal
🇦🇹 Austria
🇷🇴 Romania (already with July data)

— Roland Pircher (@piloly) September 2, 2023

Israel reported 1,647 @Tesla sales for August. 🇮🇱

• Tesla 4th best-selling brand
• 3rd best month ever and second best second month of the quarter ever and +290% from last month. Best August ever.
• Second best quarter ever after second month of quarter and +234% vs. the… pic.twitter.com/dijduefHON

— Roland Pircher (@piloly) September 4, 2023

France reported 5,365 @Tesla sales and 4.7% market share for August. 🇫🇷

• Tesla 7th best-selling brand
• 5th best month ever with +97% vs. last month
• Second best second month of the quarter ever and +34% from May. Best August ever.
• Best quarter ever so far after 2 months… pic.twitter.com/27musoNnnX

— Roland Pircher (@piloly) September 2, 2023

Top 5 pure electric car (BEV) companies by worldwide market share:

Tesla 🇺🇸: 21.7%

BYD 🇨🇳: 16.2%

GAV Aion 🇨🇳: 6%

Volkswagen 🇩🇪: 4.7%

SAIC-Wuling 🇨🇳: 4.4%

Sales of EV have skyrocketed this year!

(interior of BYD Dolphin 👇🏽) pic.twitter.com/AB6R2DEuUB

— S.L. Kanthan (@Kanthan2030) August 17, 2023

Brian Wang

Brian Wang is a Futurist Thought Leader and a popular Science blogger with 1 million readers per month. His blog Nextbigfuture.com is ranked #1 Science News Blog. It covers many disruptive technology and trends including Space, Robotics, Artificial Intelligence, Medicine, Anti-aging Biotechnology, and Nanotechnology.

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