What Falling Sales? Global EV Sales Grow 25% in April!

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Global plugin vehicle registrations were up 25% in April 2024 compared to April 2023. There were 1.2 million registrations. BEVs were up by 14% YoY, while plugin hybrids jumped 51% YoY.

In fact, the Shenzhen make placed 6 representatives in the top 10! Among these, the highlight is the BYD Destroyer 05, theof the Qin Plus. The Destroyer 05 scored a record 33,150 registrations in April. This is no doubt another model that is benefitting from BYD’s recently introducedBesides the Tesla and BYD fleets, the two other models running at a top 10 pace were the AITO M9, with the Huawei-backed model ending the month in 10th with a record 15,139 sales, and the VW ID.

Finally, a reference goes out to the Toyota BZ4X, which scored a record 8,836 registrations in April. Is this a sign that the Japanese juggernaut is awakening?Top 20 EV Models YTD. With the BYD Yuan Plus/Atto 3 climbing one position, to 6th, and the BYD Destroyer 05 jumping four positions, to 9th, we now have 7 BYD models in the top 10!

, didn’t disappoint. It scored some 309,000 registrations. Expect its sales to continue steadily rising throughout the year. Although, if that sales climb does not materialize, then BYD wasted profit margins for nothing. With Toyota currently the 3rd largest brand in China , it needs to ramp up its EV operations fast — or else it could sayA final mention goes out to Zeekr, which joined the best sellers table in #17 with 16,517 registrations. Is this another Chinese brand to follow closely?more

 

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