World’s Top 5 EV Automotive Groups Ranked By Sales: Q1 2024

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Two companies—Tesla and BYD—control roughly one-third of the plug-in car market. The top five companies are responsible for more than half of all sales.

More than 3.2 million new passenger plug-in electric cars were registered globally during the first quarter of 2024, which is about 25% more than a year earlier. Today, we will examine the largest manufacturers of rechargeable cars. According to EV-Volumes data shared by researcher Jose Pontes, five groups continue to be responsible for more than half of all plug-in car sales.

Other OEMs have below a five percent share: Stellantis , Changan , BMW Group and Hyundai Motor Group . Plug-in car registrations in Q1 2024 : BYD Group: 624,398 and 19.4% share Tesla: 386,825 and 12% share Geely-Volvo: 251,106 and 7.8% share Volkswagen Group: 205,652 and 6.4% share SAIC : 190,409 and 5.9% share Top 5 total: 1,658,390 and 51.6% shareOthers: 1,557,976 and 48.

 

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