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đź’Ş17.1M EVs Sold in 2024: Global EVs Surge 25% as China Dominates

Author

John Rooney
January 16, 2025

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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  1. 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.

  2. 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.

  3. 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.

  4. 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.

  5. 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.

  6. 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

  7. 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.

  8. 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 COâ‚‚ emissions, and solidified its leadership in sustainable logistics across Canada and the U.S.

  9. A strategic partnership has been formed between BYD and Grab to deploy up to 50,000 BYD EVs across Southeast Asia.

  10. 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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