USA Electrical Car Gross sales Up 478% in 2024 vs. 2019, Fossil Gasoline Automobiles Down 12%

By Imran Last updated Mar 3, 2025

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Following our report on This autumn auto gross sales within the US, together with pure electrical automobile (EV) gross sales versus fossil gas automobile (FFV) gross sales, we’ve acquired a brand new, a lot greater report — effectively, it’s the identical measurement and sort of report, however it’s for full-year gross sales reasonably than 4th quarter gross sales. Like within the quarterly report, we’re going deep, means again to 2019 — the final pre-COVID 12 months.

Additionally, we’ll have a look at industry-wide developments, we’ll have a look at brand-specific developments, and we’ll have a look at EV versus FFV gross sales.

Initially, in comparison with yearly since COVID-19 hit, we are able to see that US auto gross sales grew in 2024. In comparison with 2023, auto gross sales had been up a modest 3% in 2024.

Nevertheless, after we strip out fossil gas automobile gross sales and electrical automobile gross sales, we see very completely different developments. Nicely, like in total auto gross sales, fossil gas automobile gross sales had been up barely in comparison with 2023 gross sales, up barely in comparison with 2020 gross sales, and up loads in comparison with 2022 gross sales. Additionally, they had been down — however way more significantly (by 12%) — in comparison with 2019 fossil gas automobile gross sales. (They had been additionally down, by 5%, in comparison with 2021 gross sales.)

That leads us to electrical automobile gross sales….

Pure battery-electric autos didn’t have any down years on this 5-year time interval. 2024 EV gross sales had been up 7% in comparison with 2023 EV gross sales, up 61% in comparison with 2022 EV gross sales, up 166% in comparison with 2021 EV gross sales, up 406% in comparison with 2020 EV gross sales, and up a whopping 478% in comparison with 2019 EV gross sales — EV gross sales the 12 months earlier than COVID-19 hit.

So, we get the highlights famous within the headline — fossil gas automobile gross sales declined 12% from 2019 to 2024, whereas electrical automobile gross sales elevated 478%.

Simply have a look at 2024 gross sales by auto model, we’ve got the chart above. There’s nonetheless the actual “massive 3” — Toyota, Ford, and Chevrolet — and Honda type of shut behind them. Absolutely electrical Tesla got here in ninth in 2024. That’s down from eighth in 2023, however it’s up from twelfth in 2022, thirteenth in 2021, seventeenth in 2020, and nineteenth in 2019.

As for different absolutely electrical automobile manufacturers, effectively … they’re nonetheless down on the backside of the rating. That may be Rivian, Lucid, Polestar, Brightdrop, and Fiat.

The draw back for absolutely electrical Tesla in 2024 is that it misplaced the fifth most gross sales volume-wise in comparison with 2023 amongst all auto manufacturers (-20,201 gross sales, or 3%). Moreover, Polestar dropped essentially the most percentage-wise (-30%).

On the upside, three absolutely electrical manufacturers noticed the very best share progress in 2024 vs. 2023. Brightdrop grew 208%, Fiat grew 153%, and Lucid grew 53%. Rivian additionally grew, however by simply 3%.

For comparisons to earlier years, you’ll be able to look via the next charts by yourself, and I’ll return on the finish for commentary on comparisons to 2019.

Evaluating 2024 to five years prior, 2019, the most important spotlight is Tesla’s huge progress. The corporate’s US gross sales grew by 442,523 items, or 235%. It’s beautiful progress. Regardless of the drop in gross sales in comparison with 2023, Tesla continues to be up enormously over this previous half-decade.

To wrap up, the next mega-chart helps you to look at every model’s annual gross sales adjustments from 2019 via 2024. There’s a static model, after which there’s an interactive model that’s significantly better — however you most likely must view that on an actual pc (not a telephone). The static chart is unquestionably a lot simpler to view on an enormous machine as effectively.