Tesla And Buffett-Backed BYD Lead EV Revolution, Leaving Japanese Automakers In The Dust: Report
Portfolio Pulse from Anan Ashraf
Tesla and BYD are leading the transition to electric vehicles, while Japanese automakers lag behind, according to a report by The International Council on Clean Transportation. The report evaluated 20 manufacturers based on their light-duty sales in 2022, actions, and zero-emission vehicle strategies.

June 01, 2023 | 12:07 pm
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POSITIVE IMPACT
BYD is a leader in the EV transition, ahead of Japanese automakers, according to an ICCT report.
BYD's strong position in the EV market, as highlighted by the ICCT report, is likely to boost investor confidence and positively impact its stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100
POSITIVE IMPACT
Tesla is leading the EV transition, outpacing Japanese automakers, according to an ICCT report.
Tesla's leading position in the EV market, as highlighted by the ICCT report, is likely to boost investor confidence and positively impact its stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100
NEGATIVE IMPACT
Honda is lagging in the EV transition, according to an ICCT report.
Honda's lagging position in the EV market, as highlighted by the ICCT report, may negatively impact investor confidence and its stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100
NEGATIVE IMPACT
Mazda is lagging in the EV transition, according to an ICCT report.
Mazda's lagging position in the EV market, as highlighted by the ICCT report, may negatively impact investor confidence and its stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100
NEGATIVE IMPACT
Nissan is lagging in the EV transition, according to an ICCT report.
Nissan's lagging position in the EV market, as highlighted by the ICCT report, may negatively impact investor confidence and its stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100
NEGATIVE IMPACT
Suzuki is lagging in the EV transition, according to an ICCT report.
Suzuki's lagging position in the EV market, as highlighted by the ICCT report, may negatively impact investor confidence and its stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100
NEGATIVE IMPACT
Toyota is lagging in the EV transition, according to an ICCT report.
Toyota's lagging position in the EV market, as highlighted by the ICCT report, may negatively impact investor confidence and its stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100