The Big Winners And Losers Of The EV Race In 2024

In this episode of the Plugged-In Podcast from InsideEVs, we reflect on the biggest EV stories of 2024.

38:10

Tim Levin

By: Tim Levin

Jan 3, 2025 at 10:22am ET

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How did 2024 go for electric vehicles? Well, that really depends who you ask.

Tesla struggled to sell cars like never before, while also doubling down on its still-unproven autonomous technology. General Motors and Hyundai notched big years as they vied for the No. 2 spot in the U.S. Ford said "peace out" and decided to take a break from EVs for the next couple of years. Chinese automakers continued to kick ass around the world—but not in America. Yet.

And Fisker, well, doesn't exist anymore. That tells you everything you need to know about that particular EV startup.

On this week's episode of the Plugged-in Podcast, my co-host Patrick George and I recap a wild, unpredictable and jam-packed year for the EV world. We debate the year's big winners and losers, reflect on the key developments of 2024 and offer up our predictions for 2025.

In short, it was a mixed bag. But all the key performance indicators were up, despite all the negative headlines and handwringing of the last 12 months. EV sales were up. EV charger deployments were up. The migration to Tesla's North American Charging Standard got underway. And lots of awesome new EVs hit the market, like our Breakthrough EV of the Year winner, the Chevrolet Equinox EV.

What do you think?

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Contact the author: Tim.Levin@InsideEVs.com