Source: PaulMaguire / iStock Editorial via Getty Images
23. Suzuki Motor
> EV sales, 2022: 0 (-100% from 2021)
> Total low-emission car sales, 2022: 2,567 – 23 highest of 23 on list
> Revenue (most recent FY): $31.77 billion – No. 449 on Fortune Global 500
> Country: Japan
> Ambition: Will invest $34.8 billion through fiscal 2030 in R&D and to make BEVs with the first introduced on FY 2023; launch by fiscal 2030 6 EVS, or 15% of its line-up, in India, its main market
Source: Miguel Villagran / Getty Images News via Getty Images
22. Tata Motors
> EV sales, 2022: 7,300 (-27% from 2021)
> Total low-emission car sales, 2022: 36,503 – 22 highest of 23 on list
> Revenue (most recent FY): $37.80 billion – No. 370 on Fortune Global 500
> Country: India
> Ambition: Looks to raise $500 million-$600 million for its EV business; plans to launch 10 new electric models by 2026. The Indian gov’t wants to grow new electric vehicle share to 30% by 2030, which Tata plans to support
Source: jetcityimage / iStock Editorial via Getty Images
21. Honda Motor
> EV sales, 2022: 24,969 (+46% from 2021)
> Total low-emission car sales, 2022: 40,375 – 21 highest of 23 on list
> Revenue (most recent FY): $129.55 billion – No. 61 on Fortune Global 500
> Country: Japan
> Ambition: Strives to electrify two-thirds of global automobile unit sales by 2030; targeting sales of 100% zero emission electrified vehicles in N. America by 2040; aims to offer 30 all-electric vehicles globally by 2030, reaching annual volume of 2 million units
Source: dogayusufdokdok / iStock Unreleased via Getty Images
20. Toyota Motor
> EV sales, 2022: 25,169 (+33% from 2021)
> Total low-emission car sales, 2022: 116,796 – 18 highest of 23 on list
> Revenue (most recent FY): $279.34 billion – No. 13 on Fortune Global 500
> Country: Japan
> Ambition: 3.5 million annual electric car sales by 2030 and the rollout of 30â¯BEV models; Lexus to have EV versions for all models by 2035
19. China FAW Group
> EV sales, 2022: 62,791 (+51% from 2021)
> Total low-emission car sales, 2022: 62,810 – 20 highest of 23 on list
> Revenue (most recent FY): $109.40 billion – No. 79 on Fortune Global 500
> Country: China
> Ambition: China set a goal of 20% of new car sales would be electric vehicles by 2025
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