Hey there! With the electric vehicle (EV) world getting busier by the day, picking the right EV can feel like finding a needle in a haystack. But don’t sweat it; we’re here to break down the top choices and give you the lowdown on what’s revving up in 2023. Last year was wild, with EV sales skyrocketing by 65 percent to hit over 800,000 sold. Let’s dive into the cream of the crop and what you need to keep in mind when joining the electric revolution.
Top selling EV cars in the world 2024
#1 Tesla Model Y – The Undisputed Champion
Best selling ev cars 2024
- Starting MSRP: $53,490
- Car Type: SUV
- Range: 330 miles
- Federal EV Tax Credit: Yep, you’re covered (just keep it under $80,000 MSRP)
Why It’s a Big Deal: The Tesla Model Y isn’t just any SUV; it’s a safety superstar with a five-star rating, packs a punch with its all-wheel drive and dual motors, and keeps getting smarter with over-the-air updates. Oh, and let’s not forget its autopilot feature for those who like a bit of futuristic flair in their drive. Need to go far? Tesla’s Supercharger network has got your back (though it’s not a free ride).
But…: It’s not all smooth sailing. Some owners have spotted cosmetic issues right off the bat and found Tesla’s service centers a tad slow on the uptake. Yet, for every critic, there’s a legion of Model Y lovers singing its praises.
The Takeaway: The Tesla Model Y stands out not just for its specs but for the experience it offers. Sure, there might be a few bumps along the road (or on the car), but it’s still a favorite for many. As the EV landscape keeps evolving, knowing what makes each model shine and where they might fall short can make all the difference in finding your perfect electric match. Stay tuned as we plug into more top sellers and what’s rolling out in 2023!
#2 Tesla Model 3: The Electric Sedan That Packs a Punch
Stepping into the spotlight as the second favorite is the Tesla Model 3, a sedan that brings a lot to the table without asking for your entire wallet.
- Starting MSRP: $43,990
- Car Type: Sedan
- Range: 272 miles
- Federal EV Tax Credit: You’re in luck (just don’t go crazy on those extras and keep it under $55,000 MSRP)
Why You’ll Love It: Rocking the same five-star safety rating as its SUV sibling, the Model 3 doesn’t skimp on performance with its all-wheel drive and dual motors. Those software updates that roll in while you sleep? Yeah, it’s got those too, not to mention autopilot for those who like to live a bit in the future. And, of course, you’ve got the key to Tesla’s Supercharger kingdom (though it’s a pay-per-charge deal).
But Hold Up: It’s not all rainbows and sunshine. Some owners have aired their grievances about aesthetic mishaps right off the lot, glitchy software updates, and a mystery smell wafting from the AC. And yep, the Tesla service center blues seem to be a recurring theme.
#3 Ford Mustang Mach-E: The Award-Winning Electric Steed
Best selling ev cars in the world 2024
Rolling in at number three, the Ford Mustang Mach-E manages to blend the iconic Mustang lineage with the future of electric mobility.
- MSRP: $45,995
- Car Type: SUV
- Range: 312 miles
- Federal EV Tax Credit: Absolutely eligible
Why It’s a Hit: Snagging the 2021 North American Utility Vehicle of the Year™ award and Car and Driver Magazine’s inaugural Electrical Vehicle of the Year, the Mustang Mach-E has galloped into the hearts of EV enthusiasts fast. The widespread availability of Ford service centers and ease of sourcing parts add cherries on top.
But, Here’s the Rub: It might wear the SUV badge, but the Mustang Mach-E’s lower ground clearance and no towing capacity have left some questioning its “utility” factor.
#4 Chevy Bolt: The People’s Electric Hatch
At fourth place, the Chevy Bolt stands out as a beacon of affordability in the EV market.
- MSRP: $25,600
- Car Type: Hatchback
- Range: 260 miles
- Federal EV Tax Credit: Yep, you’re good to go
The Selling Points: The Bolt doesn’t just tempt with its price tag; Chevrolet’s offer to cover the installation of a Level 2 charging outlet at home sweetens the deal further (conditions apply, of course).
#5 Tesla Model S: The Pinnacle of Electric Sedans
The Tesla Model S stands tall in the EV market as a beacon of luxury, performance, and innovation.
- MSRP: $94,990
- Car Type: Sedan
- Range: 405 miles
- Federal EV Tax Credit: Sadly, no go on this one
Why It’s Coveted: Sporting a sleek design and packed with tech, the Model S boasts features like a mammoth 17″ display, rear-seat wireless charging, and a cabin that screams comfort with three temperature zones and HEPA filtration. For the speed demons, the Model S Plaid version claims the throne as the quickest accelerating vehicle in production.
The Catch: High-end luxury and performance come with a higher price tag. And while the Model S is a dream drive, Tesla’s service experience has received mixed reviews from owners.
#6 Tesla Model X: Luxury Meets Utility
The Tesla Model X elevates the electric SUV game with its unique blend of luxury, performance, and utility.
- MSRP: $109,990
- Car Type: SUV
- Range: 348 miles
- Federal EV Tax Credit: Nope, not for this luxury ride
Key Features: This isn’t just any SUV; it’s an experience, featuring rapid acceleration, a panoramic windshield for sky-high views, and a spacious cabin with modern comforts like wireless gaming and 5,000 lbs of towing capacity.
Considerations: With great features comes a great price tag, making the Model X one of the pricier EV options out there. Service quality, as with other Tesla models, has seen some ups and downs according to customer feedback.
#7 Hyundai Ioniq 5: Compact, Capable, and Convenient
The Hyundai Ioniq 5 brings a fresh perspective to the compact SUV category, blending style with substance.
- MSRP: $41,450
- Car Type: Compact SUV
- Range: 220 miles
- Federal EV Tax Credit: This one’s sitting out on the tax credit eligibility
Why It’s Worth a Look: Hyundai’s reputation for reliability and comprehensive warranties shines here. Plus, owning an Ioniq 5 comes with the bonus of two years of complimentary charging at Electrify America stations, making it a sweet deal for new EV owners.
Things to Ponder: While the Ioniq 5 ticks many boxes, its range might leave long-distance drivers wanting more. And the lack of eligibility for the federal EV tax credit could be a deciding factor for some.
#8 Volkswagen ID.4: The Compact SUV with Big Ambitions
Meet the Volkswagen ID.4, Volkswagen’s foray into the electric compact SUV market, blending style with functionality.
- MSRP: $37,495
- Car Type: Compact SUV
- Range: 200 miles
- Federal EV Tax Credit: You’re in luck; it’s eligible
Why It Stands Out: With its sleek design, the ID.4 isn’t just about looks; it’s packed with features like a 10-inch display, a glass roof for those sunny day vibes, heated comforts, and wireless charging. And if you snag a 2022 model, you’re treated to three years of Electrify America charging sessions—a sweet deal for road trippers.
But Here’s the Thing: Unlike many EVs, the ID.4 skips the frunk, opting instead for a more traditional storage setup. And while it’s loaded with tech, some users find the controls a tad unconventional.
#9 Kia EV6: The Tech-Forward Compact SUV
The Kia EV6 jumps onto the scene as a testament to Kia’s electric aspirations, offering a blend of innovative features and practical performance.
- MSRP: $48,500
- Car Type: Compact SUV
- Range: 310 miles
- Federal EV Tax Credit: This one’s sitting out on the tax incentives
The Highlights: Beyond the standard EV offerings, the EV6 brings to the table wireless charging, remote smart parking assist, and 800-volt fast charging capabilities. It even serves as a mobile power source for your appliances or home during outages.
The Catch: While it’s a powerhouse of features, the EV6 doesn’t quite match up to its peers in terms of cargo space, making it a bit of a squeeze for storage-heavy trips.
#10 Rivian R1T: The Trailblazing Electric Truck
Rivian R1T marks Rivian’s bold step into the electric vehicle wilderness, aiming to combine rugged utility with electric efficiency.
- MSRP: Starting at $73,000
- Car Type: Truck
- Range: 260-400 miles
- Federal EV Tax Credit: Keep it under $80,000, and you’re golden
Why It’s Cool: The R1T isn’t just a truck; it’s a technological marvel with a panoramic roof, LTE and Wi-Fi connectivity, updates from the cloud, and an impressive 11,000 pounds of towing capacity. It’s also an adventurer’s dream, boasting a wading depth for off-roading that outdoes the Ford F-150 Lightning.
Considerations: Being the new kid on the block, Rivian’s long-term game is still a bit of a mystery. With the first deliveries in late 2021, there’s limited insight into the R1T’s reliability or how it’ll hold up value-wise.
