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Market Analyses

Inovev publishes around 300 market analyses
per year.

Two analyses are provided free of charge twice a month.

Here below you can view the titles, extracts and thumbnails relating to the 2 current analyses.
Upon registration, you can download the two full analyses
(i.e. around 50 free analyses per year as they are renewed twice a month).

The global plug-in vehicle market represents 17.1 million vehicles (passenger cars + light utility vehicles) in 2024
25 March 2025

- The global plug-in vehicle (BEV and PHEV) market is projected to reach 17.1 million units in 2024, up from 13.7 million in 2023, a 24.8% increase compared to 2023. This volume represents 19% of global registrations in 2024, up from 15% in 2023.

- These 17.1 million vehicles are broken down into 10.5 million BEVs and 6.6 million PHEVs.

- China alone accounts for 70% of BEV and PHEV sales, or 12.1 million vehicles in 2024 (compared to 8.9 million in 2023), an increase of 36% compared to 2023.

- Europe, for its part, represents 17% of the global plug-in market, or 2.95 million vehicles in 2024 (compared to 3.02 million in 2023), down 2.3% compared to 2023.

- The United States, for its part, represents 9%, or 1.59 million vehicles in 2024 (compared to 1.48 million in 2023), an increase of 7% compared to 2023.

- Japan accounts for only 1%, or 118,000 vehicles in 2024 (compared to 138,000 in 2023), down 15% from 2023.

- The rest of the world accounts for 3% of the plug-in market, or around 300,000 vehicles in 2024 (compared to around 200,000 in 2023), up around 50% from 2023.

- Inovev expects a BEV and PHEV market share of 24% or 25% worldwide by 2025.

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The world's top 10 according to the "Chinese" ranking (passenger cars + light utility vehicles) from 2010 to 2024
20 March 2025

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Kei Cars will represent 38% of the Japanese market in 2024 compared to 40% in 2023	2025-03-25
The European light utility vehicle market grew by 6.9% in 2024	2025-03-25
Renault has unveiled its utility vehicle (LUV) models developed by Flexis	2025-03-25
A merger between Changan and Dongfeng may materialise	2025-03-25
BEVs to represent 2% of the Japanese passenger car market in 2024	2025-03-25
BEVs represent 8% of the US market (passenger cars + light utility vehicles) in 2024	2025-03-25
The 25 best-selling models in the USA (passenger cars and light utility vehicles) in 2024: Ford F-Series still in top position	2025-03-25
The 25 most produced passenger cars in China: BYD and Tesla will dominate	2025-03-25
The 25 most produced vehicles (passenger cars + light utility vehicles) in the world in 2024: Tesla Model Y in top position	2025-03-25
The share of Chinese carmakers in Russia reached 61% in 2024, compared to 51% in 2023.	2025-03-20
The 25 best-selling models in Europe in 2024	2025-03-20
The Suzuki group sold 3.25 million vehicles (passenger cars and light utility vehicles) in 2024	2025-03-20
The Honda group sold 3.80 million vehicles (passenger cars + light utility vehicles) in 2024	2025-03-20
The Ford group sold 4.07 million vehicles (passenger cars and light utility vehicles) in 2024	2025-03-20
The GM group sold 5.44 million vehicles (passenger cars and light utility vehicles) in 2024	2025-03-20
Nissan sold 3.35 million vehicles (passenger cars and light utility vehicles) in 2024	2025-03-20
The Toyota group sold 10.82 million vehicles (passenger cars and light utility vehicles) in 2024	2025-03-20
“Chinese” ranking of carmakers (passenger cars + light utility vehicles): Toyota first in 2024, Hyundai-Kia second (2/2)	2025-03-20
“Western” ranking of carmakers (passenger cars + light utility vehicles): Toyota first in 2024, VW second (1/2)	2025-03-20
Renault Group sold 2.26 million vehicles in 2024	2025-03-03

Data Tables & Charts

Market Data Tables

Inovev has created and updates continuously a comprehensive database related to quantities of vehicles produced and sold in the world.

Upon registration you can download free of charge two extracts updated each month.

Extract #1

Main features		Sample
- Content: Production data of passenger cars and utility vehicles detailed by country and carmakers - Geographical scope: Worldwide - Time coverage: Past (yearly) and current year (monthly) - Updates: Monthly		Click on the image to download an Excel sample file

Extract #2

Main features		Sample
- Content: Registrations data of passenger cars and light utility vehicles detailed by country and carmakers - Geographical scope: Europe - Time coverage: Current year (monthly) - Updates: Monthly		Click on the image to download an Excel sample file