Top 5 EV Companies by Market Share

3. SAIC-GM-Wuling Automobile

All-electric Vehicles Sold in 2022: 671,725

Market share: 8.77%

SAIC-GM-Wuling Automobile is a joint venture between the American General Motors Company (NYSE:GM) and Chinese state-owned SAIC Motor Corp., Ltd. A small part of the company is owned by Liuzhou Wuling Automobile Industry Co., Ltd. On August 8, 2022, SAIC-GM-Wuling reached its 1 million EVs sold milestone and became the fastest company to do so in China.