How many electric cars will be sold in 2024? Total sales and leading brands
According to preliminary estimates by industry analysts, Approximately 12 million electric cars (EVs) were sold worldwide by 2024. This represents a growth of 35% compared to 2023, consolidating electrification as one of the main trends in the automotive industry.
Breakdown by region:
- China: It remains the leading market, with more than 50% of global sales (approximately 6 million units). Its success is due to the wide range of affordable electric vehicles and government support.
- Europe: Represents around the 25% of global sales (approximately 3 million units). Countries such as Norway, Germany, and Sweden lead the adoption rates.
- USA: It grew significantly, reaching 1.5 million sales, driven by tax incentives and Tesla’s leadership.
- Other marketsCountries such as India, Brazil, and some in Southeast Asia are emerging as key players, although they still represent a small portion of the total.
The leading brands of 2024
1. Tesla
- Tesla remains the undisputed global leader, with more than 2 million vehicles sold in 2024.
- Featured ModelsThe Model Y was the world's best-selling electric car, followed by the Model 3, which remains popular thanks to its upgrades and competitive pricing.
2. BYD (Build Your Dreams)
- The Chinese brand BYD is in second place, with nearly 1.9 million units sold.
- Featured Models: BYD Dolphin and BYD Seal, which have established themselves as affordable and efficient options, both in China and international markets.
3. Volkswagen Group
- The German giant sold approximately 1.2 million electric cars, consolidating its position as a leader in Europe.
- Featured Models: Volkswagen ID.4, Audi Q4 e-tron, and Cupra Born. Their aggressive electrification strategy continues to bear fruit.
4. Hyundai-Kia
- With more than 900,000 units sold, the South Korean group is positioning itself as one of the favorites in the global market.
- Featured Models: Hyundai Ioniq 5, Ioniq 6 and Kia EV6.
5. Geely Group
- The Chinese conglomerate, owner of brands such as Polestar and Volvo, achieved sales of 800,000 units, standing out for its focus on technology and sustainability.
- Featured Models: Polestar 2 and Volvo EX90.
6. Other emerging actors
- Child and Xpeng: Growing Chinese brands that are expanding into Europe and North America.
- Rivian and Lucid MotorsAlthough on a smaller scale, these American brands are gaining popularity in the premium and electric SUV segment.
Trends that boosted sales in 2024
Stricter environmental regulationsMany countries, especially in Europe, are implementing restrictions on internal combustion vehicles, incentivizing the adoption of electric vehicles.
Government incentivesSubsidy programs and tax incentives have reduced the costs of electric cars, making them more affordable.
Improved charging infrastructureThe expansion of fast-charging stations has removed one of the main barriers for consumers.
Greater range of models: In 2024, there are more than 200 models of electric cars in the market, ranging from economy cars to luxury and sports SUVs.
Comparison with previous years
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| Year | Global EV sales | Growth rate |
|---|---|---|
| 2020 | 3.1 million | +41% |
| 2021 | 6.6 million | +113% |
| 2022 | 9.5 million | +44% |
| 2023 | 11 million | +16% |
| 2024 | 12 million | +35% |
Conclusion:
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