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

Ranking	Brand	Volume
1	BYD	328,178
2	Tesla	117,732
3	Li Auto	51,000
4	BMW	44,514
5	AITO	39,552
6	Wuling	38,419
7	Volkswagen	36,068
8	Aion	33,364
9	Geely	29,801
10	Volvo	28,319
11	Mercedes	28,111
12	Kia	24,434
13	Leapmotor	22,168
14	Chery	21,227
15	Audi SAIC	20,944
16	Changan	20,860
17	Hyundai	20,771
18	NIO	20,681
19	Dongfeng	20,046
20	Toyota	18,967

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

Ranking	Brand	Volume
1	BYD	1,852,591
2	Tesla	947,481
3	BMW	311,491
4	Li Auto	254,884
5	Wuling	247,928
6	Volkswagen	235,493
7	AITO	223,012
8	Mercedes	217,425
9	Geely	207,867
10	Volvo	205,527
11	Aion	190,729
12	Kia	156,653
13	Audi	151,688
14	Toyota	141,599
15	SAIC	140,614
16	Hyundai	136,744
17	Changan	117,988
18	Leapmotor	109,168
19	NIO	108,302
20	Chery	108,133

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.

keywords: #Global EV sales 2024 # Top EV brands July 2024 #Li Auto EV sales #Chinese EV startups #EV market trends