Tesla set to sell 20 million EVs by 2030

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In the newly released 2021 Impact Report, Tesla revealed that the company aims to accelerate the global transition to sustainable energy. To do this, Tesla plans to sell 20 million electric vehicles per year and deploy 1,500 GWh of energy storage per year by 2030. The two goals disclosed in Tesla’s impact report are much higher than the company’s current reality.

In 2021, Tesla is to deliver 936,200 electric vehicles to consumers. With a target of 20 million in 2030, it is aiming for 21.36 times its delivery in 2021. However, the company has 8 years to hit this target so it is not outrageous. A lot can happen within 8 years and Tesla could even be delivering much more or much less. The 1,500 GWh energy storage project target is also much higher than last year. Tesla disclosed in the Impact Report that it deployed a total of 4 GWh of energy storage projects last year.

It is worth noting that in the current global automotive field, there is no car manufacturer with an annual sales volume of 20 million vehicles. In fact, there are very few manufacturers with more than 10 million vehicles per year. The sales of popular brands like Volkswagen and Toyota exceed 10 million in some years. This is for regular vehicles and not for EVs.

Tesla’s five-year delivery has been consistently increasing

Of course, Tesla, which has a strong development momentum, is not without the possibility of achieving its sales target of 20 million electric vehicles by 2030. Tesla’s deliveries in recent years have increased significantly year-on-year. From 2017 to 2021, Tesla’s global deliveries were 103,200, 245,500, 367,600, 499,600, and 936,200, respectively.

With the improvement of Tesla’s situation, Tesla is also building new super factories around the world. The company is further investing in batteries and battery raw materials are also increasing. The production capacity of the built factories is also increasing. Considering that there are still more than 8 years before 2030, more of Tesla’s gigafactories will commence production. If this happens, then the company is on the way to hitting its goal.

Tesla CEO, Elon Musk revealed at the 2018 annual shareholder meeting that Tesla plans to eventually build 10 to 12 super factories around the world. At that time, Tesla’s Shanghai Super Factory, Berlin Super Factory and Texas Super Factory have not yet started construction.

In addition to building more factories and achieving the annual sales target of 20 million vehicles, Tesla also needs to increase models to meet the needs of more consumers. As of now, Tesla models do not entirely meet the needs of consumers. Its EVs are “too expensive” and there is a huge low-end market that it is currently ignoring.

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Source: GizChina.


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