Tesla Is World EV Leader while Japanese Brands Are Frozen in Time

Image: Tesla

Tesla is the world leader in the EV industry, while Japanese brands are lagging far behind, according to a new ICCT report. Tesla vehicles also lead in the vast majority of reliability metrics among all EV brands.

The International Council for Clean Transportation (ICCT) recently released a new report, the Global Automaker Rating 2022. It highlights the car companies that have made the biggest contribution to the transition to electric vehicles. The report also shows companies lagging far behind. The Global Automaker Rating 2022 looks at the performance of the world's top 20 car manufacturers.

Obviously, Tesla is the undisputed leader in the transition to electric vehicles, since the company only produces compelling EVs. The brand leads almost every metric, with industry-leading range, efficiency, and charging speed. These metrics are the most important and attractive to consumers.

BYD, as the world's second-largest EV manufacturer, ranks second in the Global Automaker Rating 2022, which is not surprising. However, it lags behind in key EV reliability metrics compared to Tesla.

Legacy automakers are trying to stay afloat by slowly launching their EV programs. Weak efforts bring weak results, yet it is commendable some of them are still trying to increase the production of EVs. BMW and Volkswagen are in third and fourth places respectively. Closing out the top 5 is Stellantis, two times behind Tesla.

Japanese brands significantly excelled in the ranking, but unfortunately, in the wrong direction. Their EV production programs are too weak to have a significant impact. Toyota, Honda, Nissan, Mazda, and Suzuki are the lowest in the rankings according to data from last year, showing the slowest transition to EVs of any automaker.

Credit: The International Council for Clean Transportation

“The ZEV target metric evaluates the ambition of a manufacturer in transitioning to a 100% ZEV fleet to be on pace with the Paris Agreement timeline. An ambitious target can demonstrate a manufacturer's determination to decarbonize its vehicle fleet. In contrast, a manufacturer without a target, or with a weak ICEV phase-out target, is considered less likely to invest in the ZEV transition in the near term,” the ICCT noted.

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