World EV Sales Analysis July: Top Brands

BYD leads July 2024 EV sales, with Li Auto rising to third place. BMW secured the third position YTD, but Li Auto may soon overtake.

cleantechnica · 2024-09-13

In Cleantechnica’s ‘World EV Sales Report’, representing some interesting trendy in the EV market, with Chinese EV and EREV brands making significant headway. Let’s go through the July table, and the YTD table first.

Top Auto Brands in the World in EV Sales, July, 2024

RankingBrandVolume
1BYD328,178
2Tesla117,732
3Li Auto51,000
4BMW44,514
5AITO39,552
6Wuling38,419
7Volkswagen36,068
8Aion33,364
9Geely29,801
10Volvo28,319
11Mercedes28,111
12Kia24,434
13Leapmotor22,168
14Chery21,227
15Audi SAIC20,944
16Changan20,860
17Hyundai20,771
18NIO20,681
19Dongfeng20,046
20Toyota18,967

Top Auto Brands in the World in EV Sales, January to July, 2024

RankingBrandVolume
1BYD1,852,591
2Tesla947,481
3BMW311,491
4Li Auto254,884
5Wuling247,928
6Volkswagen235,493
7AITO223,012
8Mercedes217,425
9Geely207,867
10Volvo205,527
11Aion190,729
12Kia156,653
13Audi151,688
14Toyota141,599
15SAIC140,614
16Hyundai136,744
17Changan117,988
18Leapmotor109,168
19NIO108,302
20Chery108,133

Analysis: The Rise of Chinese Startups

In the July table, Li Auto surpasses BMW and took the third position, and in the YTD table, BMW secured the third position by only about 60,000 units ahead of Li Auto. According to Li Auto monthly sales data, maybe Li Auto will take the third position in YTD table within two months.

Chinese startups Li Auto, AITO, and Leapmotor show a trend of EREV SUVs market potential in the EV market. The sales of the three are climbing in recent months.