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South Africa doubled its NEV sales in 2024

How many fully electric vehicles, traditional hybrids and plug-in hybrids were sold in South Africa in 2024? Let’s take a closer look at last year’s official NEV sales figures.
South Africa doubled its NEV sales in 2024

Naamsa has finally released official sales figures for new-energy vehicles (NEVs) – that is, fully electric vehicles (EVs), traditional hybrids (HEVs) and plug-in hybrids (PHEVs) – in South Africa for 2024. Here’s what happened in this steadily growing section of the market.

According to the industry representative body, collective NEV sales (note, Naamsa seemingly doesn’t include mild hybrids in this group) from the 21 brands active in this space last year increased 100.6% year on year to 15,611 units. That means NEVs comprised 3.0% of Mzansi’s total new-vehicle market for 2024 (515 853 units), up from 1.47% in 2023.

Volvo says it registered 406 units of the EX30 in 2024, making it SA’s best-selling EV.
Volvo says it registered 406 units of the EX30 in 2024, making it SA’s best-selling EV.

Last year’s 15 611-unit performance was, of course, a record for NEV sales in South Africa. As a reminder, this part of the local market enjoyed significant year-on-year gains of 421.7% (to 4 674 units) in 2022 and 65.7% (to 7 746 units) in 2023, though obviously off comparatively low bases.

According to Naamsa, sales of fully electric vehicles for Q4 2024 came in at 184 units, down from 209 units in Q4 2023 and likewise down from 324 units in Q3 2024. By our maths, that puts South Africa’s EV sales total for 2024 at 12,57 units, up 35.3% year on year and eclipsing the previous high of 929 units achieved in 2023. Take note, however, that this figure excludes local sales from BYD, which unfortunately doesn’t currently report sales numbers to Naamsa.

Interestingly, sales of plug-in hybrids in Mzansi in Q4 2024 outstripped those of fully electric vehicles, ending the 3-month reporting period on 260 units (more than double Q4 2023’s effort). However, our calculations suggest plug-in hybrids were still outsold by EVs locally over the whole of 2024, with PHEVs ending the year on 728 units (again, more than doubling 2023’s tally of 336 units). It’s our understanding the BMW X1 xDrive30e was SA’s best-selling PHEV last year.

Finally, that brings us to traditional hybrids, which yet again accounted for the overwhelming majority of NEV registrations in 2024, mostly thanks to dual-powered versions of the Prospecton-built Corolla Cross (which we’d estimate represented nearly 75% of this segment’s sales). In the final quarter of the year, as many as 4,157 units were registered, which – based on our arithmetic – pushes the HEV figure for 2024 to 13,604 units (a 108.7% year-on-year improvement).

This article was originally published on Cars.co.za...

Source: Cars.co.za

Cars.co.za is a leading online automotive retail portal that lists more than 70 000 vehicles stocked by hundreds of dealers countrywide, as well as the top-ranked branded SA YouTube channel. In 2015, Cars.co.za repositioned itself as a consumer champion by optimising its editorial content for the purposes of engaging and empowering its users. The Cars.co.za Ownership Satisfaction Survey, in association with Lightstone Consumer, and the Cars.co.za Consumer Awards – powered by WesBank, underlines the company’s objective to be the most comprehensive resource to South African vehicle buyers.

Go to: http://www.cars.co.za

About Ryan Bubear

Having written about everything from sport to politics and crime, Ryan eventually settled on motoring. For the past 15 years, he’s been penning articles – both online and in print – about the broader automotive industry, though he’s particularly fascinated by vehicle-sales statistics. A freelance writer and editor, Ryan has owned a 1971 Austin Mini Mk3 for 20-plus years (or has it owned him?).
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