📈GM, Tesla, Ford, Kia, & Hyundai: Q3 EV Sales Highlights
Charge into fall with Mobility EVo, coming to your inbox this Thursday. Today dive into info:
- GM has another record quarter with EV sales
- Tesla Q3 financial results 10.23.24
- Ford No. 2 EV brand in the U.S. with sales up 12% in Q3
- Record-breaking September for Kia
- Hyundai: IONIQ 5 retail sales climb; up 30% in Q3
- DC Fast Chargers added to Kwik Trip
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- General Motors increased retail sales by 3% year-over-year in the U.S. during Q3 2024, delivering 659,601 vehicles in total, while achieving a record quarter for EV sales with 32,195 deliveries, up 60% from the previous year.
- In Q3 2024, Tesla produced around 470,000 vehicles, delivered approximately 463,000, deployed 6.9 GWh of energy storage products, and will release its financial results on October 23, 2024, followed by a live Q&A webcast.
- Ford's U.S. retail sales rose 4% in Q3, driven by strong demand for hybrid and EVs, with Ford remaining the top seller in several segments, including trucks, hybrid trucks, and vans, while its EV sales grew 12%, making it the second-largest EV brand in the U.S.
- In September 2024, Kia America achieved record sales for its all-electric and plug-in hybrid models, with EV sales up 43% and PHEV sales up 11% year-over-year, as electrified models made up 17% of the company's total monthly volume.
- In Q3 2024, Hyundai set a new retail sales record, driven by strong demand for the IONIQ 5, which saw a 30% increase in sales, and a 36% rise in hybrid sales.
- Stellantis saw strong EV sales in Q3, with the Jeep Wrangler 4xe and Grand Cherokee 4xe remaining the top-selling plug-in hybrids in the U.S., and the all-electric Fiat 500e achieving a 118% sales increase year-over-year.
- EVs accounted for 48.4% of Toyota's total sales, with over 710,000 electrified units sold through the third quarter, representing 41.1% of year-to-date sales across 30 Toyota and Lexus electrified models.
- Caterham has partnered with Yamaha Motor to supply a cutting-edge e-axle and expertise in vehicle motion control for its upcoming electric sports coupé, Project V, with the prototype set for completion by mid-2025.
- Kwik Trip is expanding its EV charging network across the Midwest with fast-charging stations, supported by $23.2 million in federal funds, and launching a mobile app for users to access charging availability, pricing, and locations, with plans to have stations in Ashland and West Salem, Wisconsin, by the end of October.
- Wayne County Community College District is expanding its workforce development programs with new courses and stackable certificates in EV technologies, designed to prepare a skilled workforce for roles like EV and Battery Charger Technicians.
- First Student has introduced First Charge, an innovative, above-ground, trenchless EV charging infrastructure solution designed to simplify and reduce costs for school districts electrifying their bus fleets, while also supporting medium and heavy-duty EVs with a modular, scalable, and flexible design.
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