Top 10 Best-Selling Electric Vehicles of 2024
The EV market may have slowed, but these ten models still dominated U.S. sales in 2024.
Intro
The electric vehicle market faced a slowdown in 2024 as automakers reevaluated their ambitious electrification strategies. Despite the decline, several models still managed to post strong sales figures, with Tesla continuing to lead the pack. Ford, Hyundai, and Chevrolet also saw success, while some surprising newcomers made an impact. Here’s a breakdown of the ten best-selling EVs in the U.S. in 2024, based on industry estimates and reported figures.
10. Rivian R1S – 26,934 Units (est.)
Rivian’s all-electric SUV, the R1S, secured the tenth spot on this list with nearly 27,000 units sold. While sales saw a 23.4% increase over 2023, they declined slightly in the last quarter of the year. The R1S is known for its rugged off-road capability and high-tech features, but it received mixed reviews, with Consumer Reports giving it a low predicted reliability score. Despite this, strong owner satisfaction ratings suggest that buyers appreciate its unique blend of luxury and adventure.
9. Cadillac Lyriq – 28,402 Units
Cadillac’s first entry into the EV market, the Lyriq, performed well in 2024, posting over 28,000 sales. That’s a dramatic 111.6% increase from the previous year’s fourth-quarter figures. The Lyriq is built on GM’s Ultium platform, offering up to 314 miles of range and up to 500 horsepower. Consumer Reports noted its solid road-test performance but criticized its predicted reliability, giving it just 5/100 in that category. Nonetheless, it remains a compelling luxury EV option.
8. Chevrolet Equinox EV – 28,874 Units
The Chevrolet Equinox EV made an impressive debut, selling nearly 29,000 units despite a late-year launch. Its affordability, with a starting price under $35,000, contributed to its strong sales, and an even cheaper base trim is set to arrive in 2025. Although long-term reliability ratings are still pending, initial reports suggest high owner satisfaction, making the Equinox EV a promising player in the mass-market EV segment.
7. Honda Prologue – 33,017 Units
Honda’s Prologue, built on GM’s Ultium platform, entered the market as the brand’s most expensive model, yet it still managed to move over 33,000 units. Despite its high price tag, the Prologue attracted buyers with its blend of Honda design and GM technology. However, Consumer Reports gave it only a 30/100 for predicted reliability, though it received positive marks for its driving experience and owner satisfaction.
6. Ford F-150 Lightning – 33,510 Units
Ford’s all-electric pickup truck saw a notable 38.7% sales increase in 2024, with more than 33,500 units sold. A price cut early in the year likely contributed to this boost, but demand softened toward the end of 2024, leading Ford to scale back production. Consumer Reports praised the truck’s road performance but raised concerns about reliability, a common issue among first-generation EVs.
5. Tesla Cybertruck – 38,965 Units (est.)
Tesla’s long-awaited Cybertruck finally arrived, and despite its polarizing design, it outsold its closest competitor, the F-150 Lightning, with nearly 39,000 units delivered. However, enthusiasm waned toward the end of the year, suggesting that its initial hype may not translate into sustained demand. As a brand-new model, it has yet to receive full evaluations from major consumer review organizations.
4. Hyundai Ioniq 5 – 44,400 Units
The Hyundai Ioniq 5 continued to gain traction, with sales rising 31% from 2023. The model’s combination of retro-futuristic styling, solid range options, and a high-performance Ioniq 5 N variant contributed to its appeal. Hyundai also introduced a Drift King Edition, adding to its sporty credentials. Consumer Reports rated it well for road performance but noted reliability concerns.
3. Ford Mustang Mach-E – 51,745 Units
The Mustang Mach-E maintained its strong position in the EV market, with over 51,000 units sold—an increase of 26.9% from 2023. Ford improved the GT trim’s performance, reducing its 0-60 mph time to 3.3 seconds and extending the vehicle’s range across all trims. A price reduction for 2025 should help keep demand strong. However, Consumer Reports cited reliability as an area of concern.
2. Tesla Model 3 – 145,100 Units (est.)
Despite a 17.4% decline in sales from 2023, the Tesla Model 3 remained the second-best-selling EV in the U.S. with approximately 145,100 units sold. A 2023 refresh brought improved range and styling, but increasing competition from newer models likely contributed to the dip in sales. Consumer Reports gave the Model 3 an overall solid rating but noted lower-than-expected reliability scores.
1. Tesla Model Y – 405,900 Units (est.)
The Tesla Model Y once again dominated EV sales in 2024, with over 400,000 units sold. Although sales dipped 6.6% from 2023, no other electric vehicle came close to matching its numbers. Tesla is preparing a mid-cycle update, dubbed the Juniper revamp, which should help maintain the Model Y’s strong market presence. Consumer Reports gave it an 88/100 road test score but flagged reliability as a weak spot.