Australians bought 91,292 electric vehicles (EVs) in 2024, up 4.7 per cent on the previous year.

    That saw them account for 7.4 per cent of the overall market, a slight increase again on 2023 where they held a 7.0 per cent market share.

    Include the handful of electric trucks from Foton Mobility and SEA Electric, and the tally grows to 91,495.

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    These figures are based on data collated by the Federal Chamber of Automotive Industries (FCAI) and the Electric Vehicle Council.

    But while EV sales still grew in 2024, they didn’t grow as much as they did in 2023. In that year, EV sales were up by 160 per cent over 2022’s tally.

    While EV sales went in the opposite direction to sales of petrol-powered vehicles (down 10.1 per cent) and diesels (down 2.5 per cent), their growth was outpaced by that of hybrids (up 76 per cent) and plug-in hybrids (up 100.2 per cent).

    Brands

    Though it was the brand that lost the most volume between 2023 and 2024, Tesla still dominated the EV market with 42 per cent market share.

    However, this was down significantly from its 53 per cent share in 2023, as sales of its Model Y – still one of Australia’s most popular vehicles – declined significantly amid a surge in competition.

    Tesla deliveries were down by 16.9 per cent while second-place BYD was up by 64.5 per cent, though this was driven in part by the launch of its first plug-in hybrid (PHEV) in Australia.

    MG once again took the bronze, with its EV sales up by 39 per cent, but BMW took fourth position in the EV sales race in 2024. In 2023, it sat in seventh position.

    BMW’s EV sales were up by 160 per cent, while Volvo’s slid by 2.2 per cent despite the launch of the new EX30.

    The top 10 was rounded out by Kia (up 18.8 per cent), Hyundai (up 11.3 per cent), Mercedes-Benz (down 18.4 per cent), Polestar (down 30.3 per cent), and GWM (up 132.9 per cent).

    Cupra dropped out of the top 10, with sales of its lone EV (for now) – the Born – falling 47.6 per cent.

    A number of brands introduced their first EVs in Australia in 2024, including Toyota, Subaru, Skoda, Chery and Jeep.

    We also saw new brands like Leapmotor enter the market, though some new arrivals – Deepal, Xpeng and Zeekr – didn’t appear in VFACTS sales reports during 2024.

    BrandTotal EV sales in 2024YoY change
    Tesla38,347-16.9%
    BYD14,260+14.6%
    MG8239+39.0%
    BMW7787+160.4%
    Volvo3862-2.2%
    Kia3610+18.8%
    Hyundai2689 (incl. 19 Mighty trucks)+11.3%
    Mercedes-Benz2603-18.4%
    Polestar1713-30.3%
    GWM1225+132.9%
    Mini1125+104.1%
    Toyota977
    Ford742+562.5%
    Audi620+15.0%
    Cupra465-47.6%
    Subaru386
    Porsche360-32.7%
    Nissan357-26.2%
    Renault330+1471.4%
    Peugeot310+142.2%
    Lexus307-18.8%
    LDV226+62.6%
    Chery197
    Fiat/Abarth117-32.8%
    Genesis91-67.5%
    Jeep79
    Foton Mobility68-4.2%
    Leapmotor64
    Skoda48
    Rolls-Royce19+533.3%
    Lotus17
    Volkswagen14
    Jaguar12-65.7%
    SEA Electric12-53.8%
    Mazda3-77.0%
    Iveco1

    Models

    Tesla’s Model Y and Model 3 once again took out the two top spots, while the MG 4 rose one position to take the bronze.

    BYD’s Seal pushed past its Atto 3 showroom-mate for fourth spot, while the top 10 was rounded out by the BMW iX1, Volvo EX30, BYD Dolphin, BMW i4 and Kia EV6.

    ModelEV sales in 2024Total sales in 2024EV share of model sales
    Tesla Model Y21,25321,253100%
    Tesla Model 317,09417,094100%
    MG 469346934100%
    BYD Seal63936393100%
    BYD Atto 357515751100%
    BMW iX126184536 (incl. X1, iX1)57.7%
    Volvo EX3021292129100%
    BYD Dolphin21162116100%
    BMW i420622318 (incl. i4, 4 Series Gran Coupe)89.0%
    Kia EV617851785100%
    Polestar 214591459100%
    Hyundai Kona136317,3747.8%
    BMW iX212801955 (incl. X2, iX2)65.5%
    MG ZS EV1262226295.6%
    GWM Ora12251225100%
    Volvo XC401173314237.3%
    BMW iX310923374 (incl. X3, iX3)32.4%
    Mercedes-Benz EQA10441044100%
    Toyota bZ4X977977100%
    Hyundai Ioniq 5933933100%
    Mercedes-Benz EQE SUV759759100%
    Ford Mustang Mach-E673673100%
    Kia Niro649145544.6%
    Kia EV5608608100%
    Kia EV9568568100%
    Volvo C40560560100%
    BMW iX556556100%
    Mini Countryman516187827.5%
    Mercedes-Benz EQB504504100%
    Cupra Born465465100%
    Mini Cooper426155927.3%
    Subaru Solterra386386100%
    Hyundai Ioniq 6374374100%
    Audi Q4 e-tron357357100%
    Nissan Leaf357357100%
    Porsche Taycan282282100%
    Renault Megane E-Tech266266100%
    Lexus RZ215215100%
    Peugeot E-200820734659.8%
    Chery Omoda E519761623.2%
    Mini Aceman183183100%
    Polestar 4183183100%
    Audi Q8 e-tron174174100%
    Mercedes-Benz EQE162162100%
    LDV eDeliver 715022766.1%
    BMW i5143614 (incl. i5, 5 Series)23.3%
    Mercedes-Benz EQS SUV136 (incl. 6 Maybach)136100%
    Fiat 500E117 (incl. 77 Abarth 500E)52722.2%
    Lexus UX9292110%
    Peugeot E-Partner9249318.7%
    Audi e-tron GT8484100%
    Jeep Avenger7979100%
    Porsche Macan7833232.3%
    Polestar 37171100%
    Genesis GV607070100%
    Mercedes-Benz EQC7070100%
    Ford E-Transit6916734.1%
    Leapmotor C106464100%
    Renault Kangoo6419133.5%
    Skoda Enyaq4848100%
    MG Cyberster4343100%
    BMW i73685 (incl. i7, 7 Series)42.4%
    LDV eDeliver 92829750.9%
    LDV T60 EV286330 (incl. T60 Max)0.4%
    LDV MIFA 920494 (incl. MIFA, MIFA 9)4.0%
    Mercedes-Benz EQS2020100%
    Rolls-Royce Spectre1919100%
    Genesis Electrified GV70179021.9%
    Mercedes-Benz EQV1414100%
    Mercedes-Benz eVito133993.3%
    Jaguar I-Pace1212100%
    Lotus Eletre1212100%
    Mercedes-Benz eVito Tourer101059.5%
    Peugeot E-Expert93202.8%
    Volkswagen ID. Buzz88100%
    Mercedes-Benz eSprinter639830.2%
    Volkswagen ID. Buzz Cargo66100%
    Audi Q6 e-tron55100%
    Lotus Emeya55100%
    Genesis Electrified G804577.0%
    Mazda MX-3031122.7%
    Peugeot E-30821501.3%
    Mercedes-Benz G580 with EQ Technology14210.2%

    MORE: VFACTS 2024: New vehicle sales hit record high, but slump expected soon

    William Stopford

    William Stopford is an automotive journalist based in Brisbane, Australia. William is a Business/Journalism graduate from the Queensland University of Technology who loves to travel, briefly lived in the US, and has a particular interest in the American car industry.

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