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Tesla’s Model 3 Dominated the Global Electric-Car Market in 2018
Tesla’s Model 3 sedan took command of the global electric-car market last year, outselling the nearest competitor by about 50%.
25 Feb 2019, 11:19 AM IST 
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The reflections of customers are seen waiting in line ahead of the Model 3 announcement outside the Tesla Motors Inc. store on the Third Street Promenade in Santa Monica, California, U.S. (Photographer: Patrick T. Fallon/Bloomberg)
(Bloomberg) -- Tesla Inc.’s Model 3 sedan took command of the global electric-car market last year, outselling the nearest competitor by about 50 percent.
In its first full year on the market, Model 3 sales surged to about 138,000 units, easily beating the roughly 92,000 units for the EC Series car from China’s BAIC Group, according to JATO Dynamics Ltd. The researcher estimated that total battery-electric vehicle sales surged about 74 percent to 1.26 million industrywide in 2018.
To contact the reporter on this story: Craig Trudell in New York at ctrudell1@bloomberg.net
To contact the editors responsible for this story: Craig Trudell at ctrudell1@bloomberg.net, Linus Chua
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