Through the first nine months of 2024, electric vehicles accounted for 22.2% of all new vehicle sales statewide. While that’s only a modest increase from the EV market share reported during the same period last year, it’s still significantly higher than the 9.1% share in 2021.
From January to September 2024, 1,320,708 new light-duty vehicles (across all powertrains) were registered across the Golden State. That number marks a 1.7% decline from the same period in 2021, when 362,881 cars (down 13.1%) and 957,827 light trucks (up 3.4%). By the end of 2024, 1.75 million new vehicles are expected to be registered in California — down slightly from the 1.77 million delivered last year and down significantly from pre-COVID-19 years.
In contrast, BEV sales have soared to 293,109 units (22.2%) so far this year, slightly higher than the 21.5% market share recorded throughout 2023. In addition, the proportion of traditional hybrids sold in 2024 has also increased, with 182,469 new registrations. Hybrids now account for 13.8% of the total market.
According to CNCDA data, the Tesla Model Y outperformed its competitors with 105,693 new registrations in the first 9 months of 2024. With this figure, the Tesla Model Y has become the best-selling BEV in California.
In addition, the Tesla Model 3 is also holding the number 2 position with 34,219 units sold. In the number 3 position is the Hyundai Ioniq 5 with 11,711 units sold.
Also according to CNCDA, the market share of EVs (cars equipped with engines that use 100% electric energy) of companies in this state has decreased by 8.5% compared to last year, marking 12 months of increasing decline.
