Friday , February 14 2025

Tesla Model Y officially the world’s best-selling new car of 2023

Tesla Model Y

Sales of the Tesla Model Y hit 1.22 million in 2023, according to analysis of final figures, making the electric SUV the most popular new car globally last year.

JATO Dynamics revealed that sales of the Model Y were up by 64% from 2022, or 480,000 more units than 2021 — a result achieved by no other manufacturer before.

The mid-sized SUV is also the first ever pure electric vehicle to lead the global market.

Impressively, the Model Y secured this position without a presence in most emerging markets, where it continues to be unaffordable for the majority of consumers.

The Model Y was followed in the world ranking by the Toyota RAV4 (1.07 million) and the Honda CR-V (846,000).

With 36.72 million sales last year, not only did SUVs post a new sales record, but they also recorded their highest ever market share, accounting for 47% of the total global passenger car sales in 2023.

About Gareth Herincx

Gareth is a versatile journalist, copywriter and digital editor who's worked across the media in newspapers, magazines, TV, teletext, radio and online. After long stints at the BBC, GMTV and ITV, he now specialises in motoring.

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