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The Largest EV Companies in 2025
Jul 1, 2025
Over 17 million EVs were sold by the end of 2024 -- who's building them?
Once considered an unprofitable niche, electric vehicles (EVs) are now big business. Sales reached more than 17 million in 2024, and 22% of cars sold were electric, according to the International Energy Agency. The biggest electric car companies have continued increasing production to keep up with demand.
China is leading the way with 5 of the world's top 10 EV manufacturers, but you won't see many of their cars in the United States or the European Union because both impose hefty tariffs on EVs made by Chinese companies. Keep reading for the latest numbers on the largest EV companies.
Largest EV companies
The largest EV companies
The largest EV manufacturers
Manufacturer BEV FCEV PHEV Total
BYD 1,708,972 0 2,327,566 4,036,538
Tesla Inc. 1,787,944 0 0 1,787,944
Geely Auto Group 711,486 0 311,588 1,023,074
GM 897,164 0 123,599 1,020,763
VW Group 746,180 0 262,800 1,008,980
Changan Automobile Group 307,984 0 337,816 645,800
BMW Group 431,465 222 164,082 595,769
Hyundai Motor 423,718 2,865 113,206 539,789
Li Auto (CHJ Automotive) 11,268 0 515,085 526,353
Chery Automobile 225,212 0 284,773 509,985
Stellantis 281,338 0 208,780 490,118
GAC 378,715 0 80,535 459,250
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