EV registrations globally are on course to reach 10.8m by the end of the year, according to data from New AutoMotive’s latest Global Electric Vehicle Tracker (GEVT).

The figure represents global growth of 7 per cent on last year, with a total of 700,000 more EVs being sold worldwide throughout 2024.

The increases were primarily driven by China, which saw new battery electric sales rise 508,000, second the US, which rose 86,000, and third the UK with 48,000 additional registrations. The combined market share of battery electric and plug in hybrid cars was 23.2 per cent, up from 20.1 per cent in January to November last year. Amongst the largest 10 markets, only three (France, Germany and Sweden) declined.

Ben Nelmes, CEO of New AutoMotive, said: “The market has spoken, the transition isn’t coming; it’s already here, and it’s unstoppable. The numbers speak for themselves: demand for EVs and plug-ins keeps climbing, month-on-month and year-on-year, while ICE sales shrink to levels not seen since the pandemic.”

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