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EV Adoption Index · 42.7 · Q4 2024 Global BEV share of new sales: 18.4% Software-defined vehicle penetration (new launches): 61% AutoRevolution weekly briefing · Issue #287 out now L2+ ADAS attach rate (US, Q4): 34.1%
Q4 2024 · Issue 287 Subscribe to the Weekly Briefing
EV Adoption Index  Q4 2024 reading: 47.3 · Next release: 15 Jan 2025 · 67 OEMs tracked across 42 markets · Cited by Bloomberg, Reuters, and the IEA · Indexed since 2019 · EV Adoption Index  Q4 2024 reading: 47.3 · Next release: 15 Jan 2025 · 67 OEMs tracked across 42 markets · Cited by Bloomberg, Reuters, and the IEA ·

Data Product  ·  Q4 2024 Release

The AutoRevolution EV Adoption Index — the reference OEM league table.

A single weighted score measuring EV penetration, charging density, model availability, and OEM policy signals across 67 automakers and 42 markets. Updated quarterly. Cited by Bloomberg, Reuters, and the IEA.

Q4 2024 Reading · Published 14 Oct 2024 · By the AutoRevolution Data Desk
47.3 / 100

Global composite, weighted by market EV share, charging infrastructure density, available BEV/PHEV models, and OEM electrification commitments.

▲ 2.4 vs. Q3 2024  ·  ▲ 9.1 YoY

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Methodology

How the Index is built — and why analysts trust it.

A composite score between 0 and 100, weighted across four input pillars and normalized per market. Below: the inputs, the weights, and the cadence.

The AutoRevolution EV Adoption Index measures the real-world maturity of the EV transition at the OEM level — not the volume of press releases. Each of the 67 OEMs we track receives a composite score every quarter, recalculated against current registrations, charging-point density, electrified model availability, and publicly stated electrification policy.

Inputs are normalized per market so that a Japanese OEM's relative charging coverage is measured against Tokyo-area infrastructure, not European averages. Composite scores are then weighted to produce a single global reading — the headline number — alongside per-market breakdowns that subscribers can pivot on directly in the dataset.

Data lineage is documented in the methodology appendix of every quarterly release. Where a number cannot be sourced to a primary OEM filing, regulatory disclosure, or verified charging-network operator, it is excluded rather than imputed.

Four input pillars, weighted

EV market share 35%

BEV + PHEV share of new-vehicle registrations per OEM, per market, normalized to the market leader.

Charging density 25%

DC fast-charging points per million population, weighted by accessibility in OEM's primary sales region.

Model availability 25%

Number of BEV/PHEV nameplates commercially delivered in 2024, plus range, charging speed, and price-band coverage.

OEM policy signals 15%

Announced end-of-ICE date, EV capex commitment, battery sourcing contracts, and verified platform strategy.

67 OEMs tracked
42 Markets covered
4 Weighted input pillars
2019 Index baseline year

Q4 2024 League Table

Top of the Index — preview of the OEM leaderboard.

The full dataset contains all 67 OEMs, scored against the four pillars, with per-market pivots and a 5-year back-series. Below: the four highest-scoring manufacturers as of Q4 2024.

Rank OEM Score YoY Primary market Strongest pillar  
01 BYD Vertically integrated 82.4 / 100 ▲ 11.7 China EV market share View row
02 Tesla BEV-only 76.9 / 100 ▲ 4.2 United States Charging density View row
03 Volkswagen Group Multi-brand 71.5 / 100 ▲ 8.9 European Union Model availability View row
04 Hyundai Motor Group Multi-brand 68.2 / 100 ▲ 6.1 South Korea OEM policy signals View row

The complete leaderboard covers all 67 OEMs across 42 markets, with per-pillar breakdowns, per-market pivots, and a quarterly back-series to 2019. Available on request as CSV or Excel.

By the numbers

The Index at scale.

67 OEMs tracked every quarter From BYD to BorgWarner — every volume manufacturer with commercial EV programs.
42 Markets covered Every major automotive market by volume, plus the 12 markets where EV policy is binding.
3 Outlets citing the Index Bloomberg, Reuters, and the International Energy Agency reference the Index in their reporting.
Quarterly releases per year Q1, Q2, Q3, and Q4 readings published on a fixed schedule — never breaking embargo.

Coverage verified against S&P Global Mobility registrations data since 2021. AutoRevolution holds no OEM equity and accepts no sponsored content.

Analyst FAQ

What enterprise data buyers ask before licensing the Index.

How often is the Index updated, and what is the embargo window?

The Index is published quarterly on a fixed schedule — Q1 in April, Q2 in July, Q3 in October, Q4 in January. Subscribers receive the dataset 72 hours before public release under embargo. OEM-level scores are never shared with the underlying manufacturers before publication.

What formats are available, and can I integrate the Index into our internal dashboard?

The full dataset ships as CSV (UTF-8, normalized column headers) and Excel (.xlsx, with a methodology sheet). Enterprise licenses include an API endpoint returning JSON for direct ingestion into BI tools. Sample integrations are documented for Tableau, Power BI, and Looker.

How are market boundaries defined — and what about cross-border OEMs?

Markets follow the United Nations geoscheme, with the EU-27 treated as a single market and the United Kingdom as separate. Each OEM is scored in every market where commercial registrations occurred during the reference quarter; cross-border brands are reported under each legal entity (e.g., Audi under Volkswagen Group EU).

What is the data lineage, and how is each OEM score verified?

Every quarterly release ships with a methodology appendix citing the primary source for each input pillar: registration data via S&P Global Mobility, charging networks via the Global EV Charging Infrastructure Index (our own data product), and OEM policy signals via direct filing cross-checks. Scores are computed once and frozen; corrections are issued as errata, never silently overwritten.

Full Dataset  ·  67 OEMs  ·  42 Markets  ·  Quarterly Back-Series

The complete EV Adoption Index — all 67 OEMs, all 42 markets, delivered as CSV or Excel.

Request the full dataset for your team. Includes per-pillar breakdowns, per-market pivots, a 5-year back-series, and the methodology appendix. Enterprise licenses include an API endpoint for direct dashboard ingestion.

  • All 67 OEM scores, Q4 2019 → Q4 2024
  • Per-pillar breakdown for every OEM
  • Per-market pivot tables across 42 markets
  • Methodology appendix & data lineage
  • CSV + Excel formats  ·  API access on enterprise license

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