Tesla dominated the U.S. electrical car (EV) market final yr, promoting over thrice the variety of autos in comparison with its closest rivals, in line with latest automotive gross sales information.
Cox Automotive reported that Tesla bought 633,762 items within the U.S. in 2024, marking the corporate’s first annual gross sales decline however nonetheless considerably outperforming Basic Motors (GM) and Ford, which bought 112,897 and 97,865 EVs, respectively. Hyundai, Kia, Rivian, and Honda adopted carefully behind in gross sales.
Regardless of Tesla’s gross sales dropping 1.1 % from the earlier yr, the general EV market noticed development. Fourth-quarter gross sales rose by 15.2 % in comparison with the identical interval the earlier yr, reaching a document complete of 1.3 million EVs bought for the yr. Tesla’s main fashions, the Mannequin Y and Mannequin 3, continued to drive its success.
The yr additionally noticed elevated competitors within the EV market, with Hyundai and Kia gaining notable traction alongside recent choices from Honda and GM. Out of 68 fashions assessed, 24 skilled year-over-year gross sales development, and 17 new fashions entered the market. Nonetheless, 27 fashions noticed a decline in gross sales, together with the discontinued Chevy Bolt and Mazda MX-30.
Listed here are the highest 10 EV sellers within the U.S. for 2024, in line with Cox Automotive:
1. Tesla: 633,762
2. GM: 112,897 (comprising Chevy, Cadillac, and GMC fashions)
3. Ford: 97,865
4. Hyundai: 61,727
5. Kia: 56,099
6. Rivian: 51,442
7. Honda: 33,017
8. Nissan: 31,024
9. Mercedes-Benz: 28,154
10. Audi: 23,152
Moreover, the highest 10 EV fashions bought within the U.S. in 2024 are as follows:
1. Tesla Mannequin Y: 372,613
2. Tesla Mannequin 3: 189,903
3. Ford Mustang Mach-E: 51,745
4. Hyundai Ioniq 5: 44,400
5. Tesla Cybertruck: 38,965
6. Ford F-150 Lightning: 33,510
7. Honda Prologue: 33,017
8. Chevy Equinox: 28,874
9. Cadillac Lyriq: 28,402
10. Rivian R1S: 26,934
What are your ideas on these gross sales figures? When you have any insights or discover any omissions, be at liberty to contact me at zach@teslarati.com, message me on X at @zacharyvisconti, or ship tricks to ideas@teslarati.com.
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