Global EV Registrations Surge in March 2024, BYD Qin Plus Among Top Performers

Global electric vehicle (EV) registrations surged by 19% in March 2024, surpassing 1.3 million new units. The BYD Qin Plus stood out in the global EV ranking, securing the third position with 52,305 registrations. Tesla Model Y led the pack with 118,985 registrations. BYD’s pricing strategy helped them secure seven models in the top 10, while Volkswagen (VW) Group and Audi also made their mark in the top 20. Notable performances included the Jeep Wrangler PHEV, indicating a growing interest in plug-in hybrid models globally.