Top 5 Countries by EV Sales in 2024: China Leads by a Wide Margin
In 2024, the top five countries for EV (BEV+PHEV) sales were China, the U.S., Germany, the UK, and France, with China exceeding 10 million units and accounting for nearly 60% of global sales.
Top 5 Countries in Global EV Sales 2024
According to industry estimates, global EV (including BEV and PHEV) sales reached approximately 18 million units in 2024, with the top five countries accounting for over 75% of the total. China ranked first with about 11 million units, up around 30% year-on-year; the U.S. followed with 1.2 million units (up 15%); Germany had 800,000 units (growth slowed to 5% due to subsidy phase-out); the UK and France reported 500,000 and 400,000 units respectively, with steady growth.
Key Points
- China: Policy support and price wars drove sales; BYD and Tesla dominated.
- U.S.: The IRA act boosted local production, but charging infrastructure remains a bottleneck.
- Germany: The market cooled after subsidy withdrawal in 2023, but demand for high-end models held up.
- UK: Anticipation of the 2030 ICE ban spurred early purchases.
- France: Focus on small cars and urban commuting; local brands like Renault and Peugeot benefited.
Data Notes
- All figures are industry estimates; official data may vary slightly.
- Sales include BEV and PHEV, excluding fuel cell vehicles.
- China data includes domestic sales and some vehicles exported to other markets.
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