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Contrary to popular belief, EV sales grew more in 2024 than 2023 – report

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In 2024, the world sold 3.5 million more EVs than it did in the previous year, according to a new report by Rho Motion. This increase is larger than the 3.2 million increase in EV sales from the previous year – meaning that EV sales aren’t just up, but that the rate of growth is itself increasing.

However, an entire year of false political, media and industry statements might have had you thinking otherwise.

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EV sales have not fallen, cooled, slowed or slumped. Stop lying in headlines.

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EV sales continue to rise, but the last year of headlines falsely stating otherwise would leave you thinking they haven’t. After about full year of these lies, it would be nice for journalists to stop pushing this false narrative that they could find the truth behind by simply looking up a single number for once.

Update: Even Tesla CEO Elon Musk – who, of all people, should know better – spread this misinformation at the very beginning of Tesla’s earnings call yesterday. So we saw it fit to repost this article with some updates.

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BMW, Mercedes, and VW each saw EV sales skyrocket vs. ICE slump, but who is winning?

EV sales

Following a production year riddled with supply chain constraints, chip shortages, and a war in Ukraine, German automakers BMW Group, Mercedes-Benz, and Volkswagen Group still saw significant growth in EV sales. Conversely, combustion vehicle sales continue to drop due to the reasons above, in addition to more and more drivers joining the green side.

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