2024 EV sales in Australia: A deep dive into the electric car market that saw Tesla drop, BYD grow – and 10 new brands enter the market

  • Australians bought a record 91,292 EVs in 2024, an increase of 4.7%
  • 77% of all EVs sold here were sourced from China
  • Tesla sales dropped 16.9%, but it still sells 42% of all EVs
  • The Tesla Model 3 outsold the Toyota Camry for the second year
  • 36 brands sold EVs in Australia in 2024, 10 of which sold no EVs in 2023
  • 13 brands sold fewer EVs in 2024 compared with 2023
  • Luxury brands outperform mainstream marques on EV sales

Sales of electric cars in Australia inched up in 2024.

That means we bought more EVs than ever in 2024.

A total of 91,292 pure battery electric vehicles (BEVs) were added to Australian roads throughout the year.

It’s a decent number, albeit not a spectacular one.

READ MORE: Australians bought a record number of EVs in 2024 (just); Tesla still dominates, BYD, MG, BMW, Volvo catching
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READ MORE: Ultimate guide to buying an EV in Australia: Everything you need to know

It looks far less impressive when you consider the stratospheric percentage growth for EVs over recent years.

In 2021 we bought 17,243 EVs before annual growth of 94 percent (taking the 2022 tally to 33,410) followed by growth into 2023 of 161 percent (for 87,217 sales).

The growth between 2023 and 2024 was a more subdued 4.7 percent, which is indicative of how much tougher it is trying to convince regular Aussies into EVs.

Many of the early adopters have jumped.

Many in the industry say it’s harder getting the mainstream to break their petrol/diesel habit.

In that largely flat overall EV market there are some interesting results, starting with the big one – Tesla.

Let’s talk Tesla

Believe the headlines and you’d think Tesla is about to fizzle under a high voltage rock due to an unprecedented sales slump.

Yep, Tesla sales dropped. A fair bit.

The brand sold 7769 fewer EVs in Australia in 2024 than it did in 2023. That’s a 16.9 percent fall.

But there were a lot of sales to drop.

Tesla has dominated the EV market – and it still does.

Tesla Model 3 Long Range
Tesla Model 3 Long Range

Until last year it accounted for more than half of all EV sales.

But in the same way as Toyota’s share of hybrid sales is dropping – Toyota is selling more cars, but increased competition means hybrid share has dropped – Tesla’s EV share is also dropping.

Tesla’s 38,347 sales in 2024 accounted for 42 percent of the entire electric car segment.

Two out of every five EVs Aussies bought were Teslas.

And the Model 3 and Model Y – the only two cars Tesla sells here – are still dominant in their respective market segments.

The Model 3 is the best-selling mid-sized car on the market. It’s outsold the Toyota Camry for two years.

The Model Y is one of the top selling SUVs in the country (out of about 150 options, only six other SUVs outsold it in 2024).

And in the premium end of the SUV market Tesla dominates.

2025 Tesla Model Y 'Juniper' update
The updated 2025 Tesla Model Y ‘Juniper’ arrives in May

Australians bought 57,087 mid-sized SUVs priced over $60,000 and 21,253 of them – more than one in three – were a Tesla Model Y.

The next best seller was the Lexus NX, with 6123 sales (351 of which were plug-in hybrids).

So, yes, Tesla sales dropped. But it’s still the dominant EV brand. And in 2025 its top seller – the Model Y – has been rejuvenated. First deliveries of the updated Model Y Juniper are due in May.

Plenty saw EV sales shrink

There were 36 brands that sold at least one EV in 2024 (some of them are truck brands).

Of those, 13 sold fewer EVs in 2024 than they did in 2023.

Mercedes-Benz had more EV models than any other brand (a total of 11, one of which has since been discontinued) but its electric sales went backwards 14.1 per cent.

Mercedes-AMG EQE 53 SUV.
Mercedes-AMG has a lot of EV models – including the EQE SUV – but they don’t sell in big numbers

Polestar also shed 30.5 percent of its sales in 2024 and fledgling Volkswagen-owned brand Cupra sold almost half as many EVs last year as it did the year prior.

Genesis went backwards 68 percent on EVs, as did Porsche (32.7 percent), Nissan (26.2 percent) and Lexus (18.8 percent).

Mazda sold just three EVs in 2024, down from 13 (pitiful numbers) in 2023.

And struggling Jaguar sold just 12 EVs, down from 35.

13 brands with a reason to celebrate

There were 13 brands that sold more EVs in 2024 – some of them a lot more.

BMW had the biggest reason to celebrate. It was not only the fourth biggest seller of EVs in Australia in 2024, but its sales grew by 160 percent.

Almost 30 percent of all BMWs sold here – it’s comfortably the top selling luxury brand – was powered only by electricity.

The additional 4797 BMW electric car sales was more than the EV growth for the entire market (4075).

2024 BMW i4 eDrive35.
The BMW i4 eDrive35 has helped boost the brand’s EV sales to 30 percent of its total

In other words, if BMW hadn’t grown as much, sales of electric cars may have gone backwards.

Other brands that had a bumper EV year included MG, up 2311 sales or 39 percent.

BYD’s battery electric share also grew 14.6 percent and with 12,438 sales the brand is a clear number two in the EV sales race.

Kia also increased 18.8 percent, Hyundai 11.3 percent, GWM 133 percent and Mini 104 percent.

New brands added to the EV mix

Ten new brands sold their first EV in Australia in 2024, including some heavy hitters such as Toyota and Subaru.

The others were Chery, Fiat, Jeep, Leapmotor, Skoda, Lotus, Iveco and Volkswagen (14 ID.Buzzes made it into the 2024 sales figures).

But none – not even Toyota, which sells almost one in five of all new vehicles – made a big impact.

Between those 10 brands new to the EV segment they sold just 1977 cars, accounting for 2.1 percent of overall EV sales.

2024 Toyota bZ4X.
Toyota finally has an EV in the bZ4X … but not many people are buying it

Toyota says it wants to increase its EV share (which shouldn’t be difficult given the low numbers).

But the brand also doesn’t currently have the firepower with the bZ4X that has struggled to find buyers.

Prestige and luxury drivers buy more EVs

The luxury market loves EVs, as the 2024 sales figures reinforce.

While some prestige and luxury brands still don’t have an EV presence (Land Rover, Maserati, Alfa Romeo and Ferrari among them) others have tiny sales (Audi and Lexus continue to languish in the EV market).

But of the 147,425 prestige and luxury cars sold last year 57,014 of them – or 39 percent – were powered purely by batteries.

Now that figure includes Tesla, which some argue isn’t a prestige brand (although with a starting price of about $60K it certainly has prestige prices).

But even if you pull Tesla out of that then 17 percent of all luxury cars sold were EVs. That’s more than double the 7.4 percent market share across the rest of the industry.

And some brands had some impressive results.

We’ve covered off BMW – an impressive 29.6 percent EV share – and its prestige small car sibling Mini managed 28 percent of its sales as EVs.

Volvo was even better, with 43 per cent of its Australian sales EVs (it sold a fraction less than 2023, down 2.2 percent).

Rolls-Royce Spectre
19 of the 54 Rolls-Royces sold in Australia in 2024 were the all-electric Spectre

Of 54 Rolls-Royces sold in Australia last year 35 percent of them were the all-electric Spectre.

Even Lotus managed to beat the overall market, with 11 percent of its 155 sales EVs.

China dominates

If you’re buying an EV there’s a good chance it’ll come from China.

Last year 77 percent of all EVs sold here were sourced from China.

Obviously that includes Chinese brands such as LDV, Chery, MG, GWM and BYD, but it also includes Tesla, Polestar, Volvo, two Minis (the Aceman and electric Coopers), one BMW (the iX3) and one Kia (the EV5).

The two Lotus EVs – Eletre and Emeya – are also from China (the brand is these days owned by Geely, which also owns Volvo, among others).

2024 Lotus Eletre.
The Lotus Eletre is made in China; 77% of the EVs sold in Australia in 2024 were from China

While some have hesitations about buying cars from China, the country is leading the way on EV development right now.

EVs more popular than petrol for mid-sized passenger cars

For the first time medium passenger cars (sedans, hatches and wagons) powered by electricity outsold those fuelled by petrol.

It’s a remarkable feat when you consider some of the big names in the mid-sized passenger car category: Toyota Camry, BMW 3-Series, Mercedes-Benz C-Class, Mazda6, Honda Accord and the Audi A4.

Of 46,146 sold last year 27,382 – 59 percent of them – were EVs.

Of course, the big seller was the Tesla Model 3, which accounted for 17,094 of those sales.

But the BYD Seal (6393) was also a popular four-door sedan, comfortably outselling the Mazda6, Mercedes C-Class and BMW 3-Series.

BYD Seal Performance
The BYD Seal is one of five EVs that made up 59 percent of all mid-sized passenger car sales

With 2062 sales the BMW i4 was almost as popular as the 3-Series (2472 sales).

And while the Polestar 2 went backwards on sales, its 1459 units shifted represented a healthy effort.

The final EV in the mid-sized category was the Hyundai Ioniq 6, with just 374 sales.

What about hydrogen?

Hydrogen fuel cell cars are still a minnow in the electrified world.

Last year Toyota brought another nine Mirais into the country and Hyundai a single Nexo.

None were sold to customers, just leased because each brand wants to be able to take them back and control who the cars are driven by.

But each also sees a viable longer term place for FCEVs (as does BMW).

At its sales announcement Toyota Australia sales and marketing chief Sean Hanley reiterated that he believes hydrogen fuel cell will play a role in Australia, but not until around 2035.

EV sales ranked: Every EV sold in Australia in 2024

RankMakeModelSales
1TeslaModel Y21,253
2TeslaModel 317,094
3MGMG46,934
4BYDSeal6,393
5BYDAtto 35,751
6BMWiX12,618
7VolvoEX302,129
8BYDDolphin2,116
9BMWi42,062
10KiaEV61,785
11Polestar21,459
12HyundaiKona1,363
13BMWiX21,280
14MGZS EV1,262
15GWMOra1,225
16VolvoXC401,173
17BMWiX31,092
18Mercedes-BenzEQA1,044
19ToyotabZ4X977
20HyundaiIoniq 5933
21Mercedes-BenzEQE SUV759
22FordMustang Mach-E673
23KiaNiro Electric649
24KiaEV5608
25KiaEV9568
26VolvoC40560
27BMWiX556
28MiniCountryman EV516
29Mercedes-BenzEQB504
30CupraBorn465
31MiniCooper Electric426
32SubaruSolterra386
33HyundaiIoniq 6374
34AudiQ4 e-tron357
35NissanLeaf357
36PorscheTaycan282
37RenaultMegane E-Tech266
38LexusRZ215
39Peugeote-2008207
40CheryOmoda E5197
41Fiat500e/Abarth194
42MiniAceman183
43Polestar4183
44AudiQ8 e-tron174
45Mercedes-BenzEQE162
46LDVeDeliver 7150
47BMWi5143
48Mercedes-BenzEQS SUV136
49Audie-tron GT100
50LexusUX92
51Peugeote-Partner92
52JeepAvenger79
53PorscheMacan EV78
54Polestar371
55GenesisGV6070
56FordE-Transit69
57Mercedes-BenzEQC69
58FotonMobility T568
59LeapmotorC1064
60RenaultKangoo E-Tech64
61SkodaEnyaq48
62MGCyberster43
63BMWi736
64LDVeDeliver 928
65LDVeT6028
66Mercedes-Benze-Vito23
67LDVMifa 920
68Mercedes-BenzEQS20
69HyundaiMighty19
70Rolls-RoyceSpectre19
71GenesisGV70 Electrified17
72Mercedes-BenzEQV14
73JaguarI-Pace12
74LotusEletre12
75Peugeote-Expert9
76Sea ElectricMD9
77VolkswagenID.Buzz8
78Mercedes-Benze-Sprinter6
79VolkswagenID.Buzz Cargo6
80AudiQ6 e-tron5
81LotusEmeya5
82GenesisG80 Electrified4
83MazdaMX-30 EV3
84SEA ElectricHD3
85Peugeote-3082
86IvecoHD van1
87Mercedes-BenzG580e1

EV by brand: Every car maker’s Australian EV sales in 2024

Make2024 EV salesChange compared to 2023% change
Tesla38,347-7,769-16.8%
BYD14,2601,822+14.6%
MG8,2392,311+39.0%
BMW7,7874,797+160.4%
Volvo3,862-87-2.2%
Kia3,610571+18.8%
Mercedes-Benz2,738-450-14.1%
Hyundai2,689272+11.3%
Polestar1,713-750-30.5%
GWM1,225699+132.9%
Mini1,125574+104.2%
Toyota977977
Ford742630+562.5%
Audi63697+18.0%
Cupra465-422-47.6%
Subaru386386
Porsche360-175-32.7%
Nissan357-127-26.2%
Renault330309+1471.4%
Peugeot310182+142.2%
Lexus307-71-18.8%
LDV22687+62.6%
Chery197197
Fiat194194
Genesis91-189-67.5%
Jeep7979
Foton68-3-4.2%
Leapmotor6464
Skoda4848
Rolls-Royce1916+533.3%
Lotus1717
Volkswagen1414
Jaguar12-23-65.7%
Sea Electric12-14-53.8%
Mazda3-10-76.9%
Iveco11

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