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Whatco Insights · Electric cars

Who is winning the electric car race?

A short series on electric cars, built only from the companies' own reports: what carmakers promised, what they sell and whether it pays.

1
Europe's carmakers rewrote their EV promises. Their EV sales kept growing.

Volvo, Mercedes, Stellantis, Porsche and others softened their 2030 electric targets. We checked what they actually sell, from each company's own reports.

30 October 2026
2
Tesla vs BYD: who really sells more electric cars?

BYD's 4.6 million new energy vehicles include plug-in hybrids and buses. Counting battery-electric cars only, BYD overtook Tesla at the end of 2024.

2 November 2026
3
Toyota's hybrid bet: behind on EVs, or just careful?

Fewer than 2 in 100 Toyotas sold in 2025 were fully electric, but almost half were hybrids. Toyota's own sales, profit and targets.

Coming soon
4
EV growth vs profits: does going electric pay?

Ten of twelve carmakers earned lower margins in 2025 than in 2024. The exceptions: Ferrari, with no electric cars, and Polestar, which still loses money.

Coming soon
5
Who is winning the electric car race? It depends on what you measure.

BYD sells the most electric cars, Volvo has the highest electric share, Toyota the most cars with an electric motor, Ferrari the highest margin. The series in one page.

Coming soon

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