USA EV Gross sales In 2024 — Up 7% Over 2023, 61% Over 2022, 166% Over 2021

Join every day information updates from CleanTechnica on e mail. Or observe us on Google Information!

The US electrical automobile market did develop in 2024. It elevated 7% over 2023, or by almost 89,000 items. In comparison with 2022, EV gross sales grew by 61%, or virtually 492,000 items. In comparison with 2021, EV gross sales grew by 166%, or greater than 813,000 items. So, sure, the US electrical automobile market has been rising strongly — simply not as strongly as many people would really like, not as strongly as predicted for a time period, and never as strongly as different market markets, most notably China and Europe.

When discussing these issues, although, you actually need to tease out Tesla gross sales. Tesla accounts for almost 50% of the US EV market, and it as been on an reverse trajectory from the remainder of the US EV market lately. Within the following chart, for those who look intently, you may see that after rising solidly yr after yr, Tesla gross sales declined in 2024 in comparison with 2023. (However you already knew that after all.) Non-Tesla EV gross sales grew stronger yr over yr, and nonetheless grew solidly in 2024.

That’s the general story. Let’s dig into the main points subsequent — the fashions, manufacturers, and automotive teams.

The Tesla Mannequin Y is in a league of its personal, and the Tesla Mannequin 3 is just too, only one league under the Mannequin Y’s league. Sadly, it then takes gross sales from the following 12 fashions to roughly match the Mannequin Y’s gross sales. However at the least 1) there’s huge alternative now, and a couple of) there are 30 fashions getting 10,000 gross sales or extra a yr, and eight fashions getting greater than 30,000 gross sales a yr.

Okay, high quality, that is nonetheless fairly disappointing, nevertheless it’s a lot better than three years in the past — 166% higher.

Evaluating these fashions’ gross sales in 2024 to their gross sales in 2023, we are able to additionally see which fashions have had the strongest development or have had the most important decline. Trying in quantity phrases, the large winners are mainly all new fashions. Although, amongst considerably established fashions, the Cadillac LYRIQ did fairly effectively, rising by 19,000 items. Ford’s Mustang Mach-E and F-150 Lightning additionally scored gross sales development of about 10,000 items every, as did the Hyundai IONIQ.

On the draw back, Tesla’s two fundamental fashions mixed for 50,000 fewer gross sales in 2024, and the Volkswagen ID.4 and Mercedes EQS additionally had deep drops.

Trying on the fashions by way of share development, a handful of fashions that had solely a trickle of gross sales on the finish of 2023 after which quantity gross sales in 2024 warp the chart a lot that it’s exhausting to inform what’s happening in any other case….

… So, right here’s one other chart under with 4 fashions eliminated. The large winners by way of share development have been clearly luxurious fashions. Just a few supply automobile fashions additionally did fairly effectively.

Volvo Vehicles, for some purpose, had a very dangerous yr as effectively.

When it comes to the auto manufacturers that carried out particularly effectively within the US EV market, after Tesla’s dramatic place on the high (48.7% of EV market share), Ford bought the solver medal (7.5%), Chevrolet bought the bronze (5.2%), and Hyundai (4.7%) and Kia (4.3%) weren’t far behind Chevrolet rounding out the highest 5.

And Ford bought almost 100,000 EV gross sales in 2024!

Trying by automotive group (or overly sophisticated alliance), Hyundai–Kia got here in second, a bit above GM, and two full share factors above Ford. Mixed, these 4 manufacturers accounted for about 75% of US EV gross sales final yr.

Some other ideas from these charts and stats?

Due to Cox Automotive and Kelley Blue Ebook for pulling in a few of the EV gross sales information sure automakers don’t present.