2024 Global New Energy Vehicle Sales Rankings: Tesla Dominates Pure Electrics, BYD Leads Plug-in Hybrids
2025-02-21 / Read about 0 minute
Author:小编   

In 2024, the global market for new energy vehicles (NEVs) surged to 16.29 million units, representing a robust 25% year-on-year growth. Notably, the Chinese market accounted for an impressive 67% of this total. In the realm of pure electric vehicle (EV) sales, Tesla emerged as the clear leader, followed closely by BYD in second place. Meanwhile, SAIC-GM-Wuling secured the third spot, boasting a commendable 44% annual growth rate. Turning to the plug-in hybrid electric vehicle (PHEV) segment, BYD retained its dominant position with a market share of 38%. Looking ahead, projections indicate that global NEV sales will further escalate to 19.2 million units in 2025, with the Chinese market continuing its upward trajectory. However, the potential volatility stemming from the tax credit policy in the US market poses a risk to the global growth rate.