🚗 2024's EV Sales: Kia, BMW, Ford & Others Set Records

January 7, 2025

Dive into the newest edition of Mobility EVo and explore a curated collection of news and perspectives crafted just for you. Tuesday brings you: 

• Kia's global EV sales surge 74%

• BMW surpasses 50,000 EV units, up 12.3%

• Ford delivers record 285,291 EVs, 38% growth

• Hyundai's IONIQ 5 leads with 44,400 units sold

• Rivian hits targets: 49,476 produced, 51,579 delivered

• GM reports 60% Q3 growth with 32,095 EVs

• Stellantis PHEV sales climb 28%, Wrangler 4xe leads

• EV9 sales explode with 1,869% increase

• Video- The Future of Rivian

These EV stories and even more just a scroll away.

"Be always at war with your vices, at peace with your neighbors, and let each year find you a better man."

-Benjamin Franklin

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1. Worldwide EV sales grew 74% for Kia in 2024, with EVs comprising 7% of U.S. sales, driven by a 1,869% surge in EV9 sales and a 6% rise in EV6 sales, totaling over 43,700 units.

2. Surpassing 50,000 units in 2024, EV sales at BMW of North America set a new record, reflecting a 12.3% increase over the previous year, with the i4, i5, and iX leading the charge in BEV sales.

3. EV sales reached a record 285,291 for Ford in 2024, marking a 38% increase from the previous year, with significant gains in Mustang Mach-E, F-150 Lightning, and E-Transit sales, and achieving record EV sales in Q4, all driven by the Power Promise program.

4. Record-breaking EV sales were achieved by Hyundai Motor America in 2024, with the IONIQ 5 leading at 44,400 units (+31% year-over-year), contributing to a 64% Q4 EV sales increase and 12% December growth.

5. Production at Rivian reached 49,476 vehicles with 51,579 deliveries in 2024, meeting its guidance, while Q4 saw 12,727 units produced and 14,183 delivered.

6. A 60% year-over-year increase in EV sales for the third quarter of 2024 was reported by General Motors, with 32,095 units delivered and significant contributions from the Chevrolet Equinox EV and Chevrolet Blazer EV.

7. U.S. sales of Stellantis' PHEVs grew 28% in 2024, led by the Jeep Wrangler 4xe as the top-selling PHEV, alongside the launch of new models like the all-electric Ram ProMaster EV and Jeep® Wagoneer S.

8. Honda set new records in 2024 for both hybrid (308k+) and EV sales (33k+), with strong performance from the Prologue EV and high hybrid adoption across its CR-V, Accord, and Civic models.

9. Luxury carmakers Rolls-Royce and Mercedes-Maybach are expanding into the EV market, with Rolls-Royce launching the ultra-luxury, fully electric Spectre ($422,750) and Maybach introducing the all-electric EQS 680 SUV, emphasizing high-end performance, style, and exclusivity.

10. A new battery technology developed by DEOGAM, a South Korean EV manufacturer, converts waste energy into usable power, with the goal of extending the driving range of EVs.

11. In 2024, nearly 89% of new cars sold in Norway were fully electric, marking a significant increase from 2023 and putting the country on track to reach its goal of only adding EVs by 2025, aided by incentives like tax exemptions and a growing EV infrastructure.

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The Future of Rivian

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