Global Automaker Rating 2024

Who is leading the transition to electric vehicles?

For the last few years, Cerulogy has supported the International Council on Clean Transportation (ICCT) with its annual Global Automaker Rating, an independent assessment of the world’s 20 largest automakers and their progress on zero-emission vehicles (ZEVs). The 2024 edition evaluates manufacturers across a range of indicators, including ZEV sales share, model availability, executive compensation, battery recycling commitments, and new this year, progress on adopting ‘green steel’ in vehicle production. The assessment draws on publicly available data and direct engagement with manufacturers to provide a comprehensive overview of corporate ambition and delivery.

ICCT’s annual reports track how the ZEV transition is becoming a defining feature of automakers’ global competitiveness. This year’s report highlights the rapid advance of Chinese manufacturers, who now dominate global ZEV sales. BYD surpassed Tesla in global battery electric vehicle (BEV) sales for the first time, while Chinese manufacturers secured five of the top six positions for EV sales share and led in ZEV model coverage. ICCT notes that China now accounts for more than 11 million EVs sold annually, over half the global total sales, thanks to a strong domestic market and decisive policy support. India’s Tata Motors also moved out of the ‘laggard’ category for the first time.

Cerulogy was pleased to review the 2024 assessment, verifying the source data used in calculations, checking methodological consistency, and identifying updates.