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Top 10 Best-Selling Electric Vehicles in 2024: A Global Roundup
The year 2024 saw a significant surge in electric vehicle (EV) sales worldwide, with both battery-electric vehicles (BEVs) and plug-in hybrid vehicles (PHEVs) experiencing impressive growth. Here's a look at the top-performing EVs globally last year, as compiled from various sales data and market analyses.
- Tesla Model Y – The Tesla Model Y maintained its position as the global leader among EVs, with strong sales in various markets propelling it to the top spot.
- Tesla Model 3 – The Model 3 continued its success in 2024, securing the second position in global sales, thanks to its widespread appeal and robust performance.
- BYD Atto 3 – The BYD Atto 3, also known as the Yuan Plus, proved to be a popular choice in China and beyond, helping BYD make a significant impact in the EV market.
- Chevrolet Equinox EV – General Motors' affordable EV offering contributed significantly to the company's increased U.S. EV market share.
- Chevrolet Bolt EV – Another popular GM EV, the Bolt EV also played a crucial role in the company's growing EV sales.
- Hyundai Ioniq 5 – The Hyundai Ioniq 5 gained popularity in Europe and North America, making it a strong contender in the midsize EV segment.
- XPeng G6/G9 – Chinese brand XPeng expanded its presence in international markets, including Europe and North America, with the G6 and G9 models.
- Volkswagen ID.4/ID.5 – Volkswagen Group reported approximately 85,000 units sold globally for the ID.4 and ID.5 models, making them two of the top-selling European EVs in 2024.
- Volkswagen ID.3 – The ID.3 sold around 61,000 units worldwide, further solidifying Volkswagen's position in the EV market.
- Audi Q4 e-tron (including Sportback) – The Audi Q4 e-tron sold around 44,600 units globally, representing Volkswagen Group's premium EV segment.
Notable mentions that didn't make the top 10 but still had substantial sales include the Volkswagen ID.7, Škoda Enyaq, Audi Q6 e-tron, and Porsche Macan EV.
In the PHEV market, the BYD Song commanded the top spot in December with a 10.3% share and 76,433 units sold. The BYD Yuan Plus slipped to sixth place with a 26.4% drop in deliveries, but still managed to finish 2024 in fourth place. The Geely Geome Xingyuan was not far behind, with 16,491 registrations, while the Li Auto L7 finished in ninth place with 13,898 deliveries.
In the BEV market, the Tesla Model Y was the leading model in December with an 11% share and 134,408 deliveries. The Wuling Mini finished fifth in the BEV sales rankings for 2024, and the BYD Seagull, also known as the Dolphin Mini in some markets, was the third best-selling BEV, with 472,798 sales. The BYD Seal 06 finished fourth in December with 27,913 deliveries, and the BYD Dolphin saw its sales fall by 38.1% to 18,968 units in December.
China was a significant contributor to the growth of both BEVs and PHEVs in 2024, with the Chinese market seeing increased demand for EVs throughout the year, except during the Chinese New Year celebrations, which lasted from 10 February to 24 February, when demand dropped.
| Rank | EV Model | Notable Details | |-------|------------------------|----------------------------------------| | 1 | Tesla Model Y | Top-selling EV globally[1][3] | | 2 | Tesla Model 3 | Strong international sales[1] | | 3 | BYD Atto 3 | Leading Chinese EV export[1] | | 4 | Chevrolet Equinox EV | GM’s affordable EV[1] | | 5 | Chevrolet Bolt EV | GM EV market share contributor[1] | | 6 | Hyundai Ioniq 5 | Popular in Europe and North America[1] | | 7 | XPeng G6/G9 | Expanding Chinese brand[1] | | 8 | Volkswagen ID.4/ID.5 | 85,000+ units sold globally[5] | | 9 | Volkswagen ID.3 | 60,700 units sold[5] | | 10 | Audi Q4 e-tron | 44,600 units sold globally[5] |
- The growth in the electric vehicle (EV) market, particularly in 2024, was not confined to just cars, as the finance sector witnessed a notable increase in investments in automotive technology companies specializing in EVs.
- The transportation industry experienced a paradigm shift, with several traditional automakers, such as General Motors and Volkswagen, investing heavily in developing their electric car lines and expanding their EV offerings.
- Lifestyle choices also underwent a significant transformation, as consumers increasingly prioritized eco-friendly practices, leading to the increased demand for electric vehicles and a decrease in traditional internal combustion engine vehicles.
- The success of electric vehicles like the Tesla Model Y and Model 3 has sparked interest in emerging markets, inspiring many startups in the technology sector to develop innovative solutions for electric vehicles, such as improved batteries, charging infrastructure, and autonomous driving technology.
