Japan's EV Sales Plummet: First Decline in Four Years
2025-01-10
Sales of electric vehicles in Japan plunged 33% year-on-year in 2024 to 59,736 units, marking the first decline in four years. EVs accounted for less than 2% of total vehicle sales, the lowest among major advanced economies. While global EV sales continue to grow, albeit at a slower pace, Japan's slow adoption of EVs is increasingly apparent. Nissan maintained its top spot, while China's BYD saw growth thanks to a new model.
Tech
Japan Auto Market