The global electric vehicle (EV) market saw a significant surge in registrations, reaching a record 1.7 million in September. This growth was driven by a variety of models, with BEVs and PHEVs both experiencing strong increases in sales compared to the previous year. EVs accounted for 26% of the global new-car market, with BEVs alone making up 16% of this market share.
In September, deliveries of all-electric vehicles increased by 12% to approximately one million units, while PHEVs saw exceptional growth of 57%, totaling over 600,000 units. BEVs dominated the global EV market, representing 63% of sales for the month.
From January to September, a total of 11.7 million EVs were sold, comprising 20% of the global new-car market. All-electric cars accounted for 12% of these sales, with 7.3 million deliveries recorded during this period.
The Tesla Model Y emerged as the top-selling EV in September, with 121,084 registrations. It was followed by the BYD Song with 63,392 deliveries and the Tesla Model 3 with 62,085 registrations. Other notable models in the top rankings included the BYD Seagull, BYD Qin Plus, and BYD Qin L, showcasing the strong presence of Chinese manufacturers in the EV market.
The Wuling Mini EV, a non-Tesla and non-BYD model, made a significant impact by securing the ninth position in September with 28,927 sales. This model outperformed other popular EVs and marked a new milestone for the brand.
Several other models, such as the Geely Panda Mini, Chery Fengyun T9 PHEV, and XPeng Mona M03, also demonstrated impressive sales figures, indicating the diversity and competitiveness of the EV market.
Volkswagen Group’s VW ID.3, VW ID.4, Audi Q4, and Skoda Enyaq all surpassed 10,000 units in sales, with the Skoda Enyaq achieving a record 10,669 deliveries. These results underscore the success of the MEB platform despite challenges faced by the automaker.
Looking ahead, the Tesla Model Y and BYD Song are expected to maintain their positions as the top two EV models throughout the year. However, newer models like the BYD Seagull and Wuling Mini EV could pose a threat to the existing hierarchy in 2025.
Overall, the global EV market continues to evolve with a diverse range of models contributing to its growth. With increasing competition and technological advancements, the future of electric mobility looks promising and competitive for manufacturers worldwide.
