💪17.1M EVs Sold in 2024: Global EVs Surge 25% as China Dominates
January 16, 2025
We are wrapping up another week filled with fresh opportunities and renewed momentum for what lies ahead. Thursday’s edition includes:
- Global EV Sales
- Next-generation Acura EV
- US EV Sales
- FLO charger wins: 2024 GOOD DESIGN Award
- TELO Trucks makes the world’s most efficient EV
- Lyteflo secures $3m
- Harbinger raises $100M in Series B funding
- GoBolt sets a new company record
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• Global EV sales reached 17.1 million units in 2024, marking a 25% increase from 2023, with China accounting for 11 million of these sales (a 40% increase). December 2024 set a new monthly record with 1.9 million units sold globally, including 1.3 million in China alone.
• Acura has unveiled the next-generation RSX, an all-electric premium SUV built on Honda's new EV platform and featuring the ASIMO OS, marking its first EV production at the Honda EV Hub in Ohio, with real-world testing underway.
• U.S. EV sales hit a record 1.3 million units in 2024, marking a 7.3% increase, with the Tesla Model Y leading sales and notable gains from Ford, Honda, and GM.
• Recognized for its innovative, user-friendly, and durable design, the FLO Ultra fast charger won the 2024 Good Design Award, highlighting its high-speed charging, versatile accessibility, and sustainability features.
• In partnership with Aptera Motors, TELO Trucks will offer solar-powered enhancements—including rooftop, bed cover, and camper shell solar paneling—extending the sustainability and range of its compact EV trucks while showcasing cutting-edge solar technology for off-grid and daily driving needs.
• Lyteflo, a startup providing EV merchandising solutions for auto dealerships, has secured $3 million in Seed funding led by Diagram. The company helps dealers adapt to the EV transition by offering tools to move inventory more efficiently and precisely appraise EV batteries
• A $100 million Series B funding round, co-led by Capricorn’s Technology Impact Fund and Leitmotif, was raised by medium-duty EV company Harbinger to scale production, expand operations, and meet growing demand for its innovative, cost-efficient EV platform.
• Achieving a record-breaking 562% year-over-year growth in EV deliveries in 2024, GoBolt completed 1.5 million EV-powered shipments, reduced 1,090 tons of CO₂ emissions, and solidified its leadership in sustainable logistics across Canada and the U.S.
• A strategic partnership has been formed between BYD and Grab to deploy up to 50,000 BYD EVs across Southeast Asia.
• In collaboration with Easee and the St Helena Government, the world’s most remote EV charging station was tested on St Helena Island, supporting its goal of zero-emission transport by 2030 and showcasing the reliability of the Subaru Solterra in challenging environments.
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