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Five facts about electric vehicles in 2024

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Five facts about electric vehicles in 2024
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Five facts about electric vehicles in 2024

2024-12-26 22:30 Last Updated At:22:51

DETROIT (AP) — Electric vehicles had another whirlwind year around the globe, driven by buyers in China, and growth in parts of Europe and the United States, despite headwinds.

In a milestone for China, the world's biggest auto market, EVs hit 50% of new car sales in July. That included pure battery EVs plus plug-in hybrid electric vehicles. Chinese companies such as BYD continue to gain traction worldwide with their inexpensive EVs.

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FILE - A 2023 Ford Mustang Mach-E charges, March 8, 2024, at an electric vehicle charging station in London, Ohio. (AP Photo/Joshua A. Bickel, File)

FILE - A 2023 Ford Mustang Mach-E charges, March 8, 2024, at an electric vehicle charging station in London, Ohio. (AP Photo/Joshua A. Bickel, File)

FILE - Visitors look at cars at the BYD booth during the China Auto Show in Beijing, China, April 26, 2024. (AP Photo/Tatan Syuflana, File)

FILE - Visitors look at cars at the BYD booth during the China Auto Show in Beijing, China, April 26, 2024. (AP Photo/Tatan Syuflana, File)

FILE - A Tesla level three Electric vehicle charger is visible, Feb. 2, 2024, in Kennesaw, Ga., near Atlanta. (AP Photo/Mike Stewart, File)

FILE - A Tesla level three Electric vehicle charger is visible, Feb. 2, 2024, in Kennesaw, Ga., near Atlanta. (AP Photo/Mike Stewart, File)

FILE - A driver waits in their car while charging an electric vehicle at an Electrify America station, Oct. 9, 2024, in Seattle. (AP Photo/Lindsey Wasson, File)

FILE - A driver waits in their car while charging an electric vehicle at an Electrify America station, Oct. 9, 2024, in Seattle. (AP Photo/Lindsey Wasson, File)

FILE - A sign is displayed at an electric vehicle charging station, March 8, 2024, in London, Ohio. (AP Photo/Joshua A. Bickel, File)

FILE - A sign is displayed at an electric vehicle charging station, March 8, 2024, in London, Ohio. (AP Photo/Joshua A. Bickel, File)

Electric vehicles also made headway in Europe and the U.S. Uncertainty around purchase subsidies could complicate matters come 2025, especially under the incoming Trump administration in the U.S. But mainstream consumers remain interested in new models, longer driving ranges, better performance and lower prices.

The transition to electric vehicles is an important part of the shift to clean energy. Road transport accounts for around one-sixth of all global emissions from energy, according to the International Energy Agency. Widespread EV adoption could significantly address climate change.

Here are five facts about EVs this year. Most of the data comes from consultancy Rho Motion.

The global EV market, including pure EVs and plug-in hybrids, grew by 25% year-over-year as of November.

Rho Motion estimates 15.2 million EVs had been sold worldwide ahead of the end of the year, and the International Energy Agency expected electrified vehicle sales to reach one in five cars sold globally. Most were in China.

Mexico sold roughly 5 times as many EVs this year than last, mostly from Chinese powerhouse automaker BYD, according to Rho Motion.

Because China's population is so much larger, its 40% growth year-to-date translates to many more EVs than Mexico's fivefold increase.

Other areas of note are the United Kingdom, which saw a roughly 17% increase year-to-date. That's interesting to compare to France and Germany, which saw sales decline.

In Turkey, the EV market grew by almost 50% year-to-date, driven by Tesla entering the market last year and Togg, a Turkish auto company, ramping up its sales.

In Norway, which for years has been in first place for share of vehicles that are electric, 90% of new cars were EVs.

The best-selling pure electric vehicles were the Tesla Model Y, followed by the Tesla Model 3 — both globally and in the U.S., according to Rho Motion.

The Model Y SUV was released in 2020. Its base version today costs nearly $45,000.

The Model 3 was released in 2017. The least expensive version sells for around $42,000.

Both have been eligible for a $7,500 tax credit in the U.S.

Tesla's market share stood at 17% of all electric cars across the globe through October, according to Rho Motion.

In the U.S., Tesla's market share was 49% through October. That means the company still has the biggest EV market share. But its hold is shrinking as other auto companies combined sell a growing number of electrics. For example, GM, Ford, Honda and more are offering a wider variety of EVs at lower prices and sizes and are chipping away at Tesla's longstanding lead.

Tesla remains the most valuable auto company in the world, with a market value of $1.4 trillion.

Alexa St. John is an Associated Press climate solutions reporter. Follow her on X: @alexa_stjohn. Reach her at ast.john@ap.org.

Read more of AP’s climate coverage at http://www.apnews.com/climate-and-environment

The Associated Press’ climate and environmental coverage receives financial support from multiple private foundations. AP is solely responsible for all content. Find AP’s standards for working with philanthropies, a list of supporters and funded coverage areas at AP.org.

FILE - A 2023 Ford Mustang Mach-E charges, March 8, 2024, at an electric vehicle charging station in London, Ohio. (AP Photo/Joshua A. Bickel, File)

FILE - A 2023 Ford Mustang Mach-E charges, March 8, 2024, at an electric vehicle charging station in London, Ohio. (AP Photo/Joshua A. Bickel, File)

FILE - Visitors look at cars at the BYD booth during the China Auto Show in Beijing, China, April 26, 2024. (AP Photo/Tatan Syuflana, File)

FILE - Visitors look at cars at the BYD booth during the China Auto Show in Beijing, China, April 26, 2024. (AP Photo/Tatan Syuflana, File)

FILE - A Tesla level three Electric vehicle charger is visible, Feb. 2, 2024, in Kennesaw, Ga., near Atlanta. (AP Photo/Mike Stewart, File)

FILE - A Tesla level three Electric vehicle charger is visible, Feb. 2, 2024, in Kennesaw, Ga., near Atlanta. (AP Photo/Mike Stewart, File)

FILE - A driver waits in their car while charging an electric vehicle at an Electrify America station, Oct. 9, 2024, in Seattle. (AP Photo/Lindsey Wasson, File)

FILE - A driver waits in their car while charging an electric vehicle at an Electrify America station, Oct. 9, 2024, in Seattle. (AP Photo/Lindsey Wasson, File)

FILE - A sign is displayed at an electric vehicle charging station, March 8, 2024, in London, Ohio. (AP Photo/Joshua A. Bickel, File)

FILE - A sign is displayed at an electric vehicle charging station, March 8, 2024, in London, Ohio. (AP Photo/Joshua A. Bickel, File)

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Herro makes go-ahead jumper with 0.5 seconds left as Heat beat Magic 89-88

2024-12-27 10:42 Last Updated At:10:50

ORLANDO, Fla. (AP) — Tyler Herro hit a 19-foot jumper with 0.5 seconds left Thursday night to give the Miami Heat an 89-88 win over the Orlando Magic.

Jalen Suggs, who scored 29 points for the Magic, missed a long jumper at the buzzer.

Herro finished with 20 points to help the Heat come back from an early 17-point deficit and avenge a loss to the Magic last Friday in which they squandered a 22-point fourth-quarter lead.

Alec Burks scored 11 of his 17 points in the fourth quarter for Miami, and Jaime Jaquez Jr. added 15 points.

Tristan da Silva had 18 points and six rebounds for the Magic.

Heat: Playing a third straight game without Jimmy Butler, and five days after squandering a 25-point lead in Orlando, the Heat shot 15 for 30 on 3-pointers and made six in the fourth quarter.

Magic: In the third of five straight home games, the Magic managed only 88 points after scoring 31 in the first quarter. They shot 5 for 29 from 3-point range, staying at the bottom of the NBA in that category.

A tip-in by Goga Bitadze regained a one-point lead for the Magic with 4.9 seconds left, but they left just enough time for Herro to dribble to an open spot and hit the game-winning shot.

The Heat fell behind 14-0 by committing five turnovers and missing their first five shots. But the Magic finished the game with 23 turnovers, including nine in the fourth quarter, to Miami's 21.

Heat visit Atlanta on Saturday, and Magic host New York on Friday.

AP NBA: https://www.apnews.com/hub/NBA

Miami Heat forward Duncan Robinson, left, drives down court against Orlando Magic guard Trevelin Queen, right, during the first half of an NBA basketball game, Thursday, Dec. 26, 2024, in Orlando, Fla. (AP Photo/Kevin Kolczynski)

Miami Heat forward Duncan Robinson, left, drives down court against Orlando Magic guard Trevelin Queen, right, during the first half of an NBA basketball game, Thursday, Dec. 26, 2024, in Orlando, Fla. (AP Photo/Kevin Kolczynski)

Orlando Magic head coach Jamahl Mosley reacts to his team playing the Miami Heat during the first half of an NBA basketball game, Thursday, Dec. 26, 2024, in Orlando, Fla. (AP Photo/Kevin Kolczynski)

Orlando Magic head coach Jamahl Mosley reacts to his team playing the Miami Heat during the first half of an NBA basketball game, Thursday, Dec. 26, 2024, in Orlando, Fla. (AP Photo/Kevin Kolczynski)

Miami Heat guard Terry Rozier (2) defends Orlando Magic guard Jalen Suggs (4) during the first half of an NBA basketball game, Thursday, Dec. 26, 2024, in Orlando, Fla. (AP Photo/Kevin Kolczynski)

Miami Heat guard Terry Rozier (2) defends Orlando Magic guard Jalen Suggs (4) during the first half of an NBA basketball game, Thursday, Dec. 26, 2024, in Orlando, Fla. (AP Photo/Kevin Kolczynski)

Miami Heat center Bam Adebayo (13) fouls Orlando Magic guard Jalen Suggs, not pictured, during the first half of an NBA basketball game, Thursday, Dec. 26, 2024, in Orlando, Fla. (AP Photo/Kevin Kolczynski)

Miami Heat center Bam Adebayo (13) fouls Orlando Magic guard Jalen Suggs, not pictured, during the first half of an NBA basketball game, Thursday, Dec. 26, 2024, in Orlando, Fla. (AP Photo/Kevin Kolczynski)

Miami Heat head coach Erik Spoelstra reacts to his team playing the Orlando Magic during the first half of an NBA basketball game, Thursday, Dec. 26, 2024, in Orlando, Fla. (AP Photo/Kevin Kolczynski)

Miami Heat head coach Erik Spoelstra reacts to his team playing the Orlando Magic during the first half of an NBA basketball game, Thursday, Dec. 26, 2024, in Orlando, Fla. (AP Photo/Kevin Kolczynski)

Miami Heat guard Terry Rozier (2) brings the ball down court against the Orlando Magic during the first half of an NBA basketball game, Thursday, Dec. 26, 2024, in Orlando, Fla. (AP Photo/Kevin Kolczynski)

Miami Heat guard Terry Rozier (2) brings the ball down court against the Orlando Magic during the first half of an NBA basketball game, Thursday, Dec. 26, 2024, in Orlando, Fla. (AP Photo/Kevin Kolczynski)

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