GoBolt, a technology company building the largest sustainable supply chain network, announced Wednesday it achieved 562% year-over-year growth in electric vehicle (EV) deliveries through its flagship service, GoBolt Parcel.
In 2024, GoBolt Parcel completed 1.5 million shipments powered by EVs, solidifying its leadership in sustainable logistics across Canada and the U.S, it said in a news release.
“Our 562% YoY growth in EV deliveries is a testament to our commitment to transforming an antiquated logistics industry into a more sustainable, forward-thinking one,” said Mark Ang, CEO of the company. “This milestone reflects the collective efforts of our team and merchant partners to create meaningful environmental change.”
Leading the Charge in Sustainable Logistics
The company said its transformative growth highlights the company’s dedication to reducing emissions and creating a more sustainable delivery network. In 2024, it completed 1.5 million shipments via electric vehicles, avoiding 1,090 tons of CO₂ equivalent (tCO₂e) — the same as eliminating the use of 111,267 gallons of gas. Additionally, GoBolt planted 35,028 trees in partnership with restoration platform veritree, further reinforcing its commitment to sustainability, it said.
Empowering Brands to Reduce Their Carbon Footprint
“Several leading brands with strong sustainability missions have partnered with GoBolt Parcel to significantly reduce their carbon footprint. These brands include North America’s largest athleisure retailer, the fastest-growing global marketplaces, and leading personal care companies. Many of these merchants now complete more than half of their deliveries using electric vehicles, with some achieving EV adoption rates close to 70% of their total shipments with GoBolt, said the company.
Record-Setting Quarterly Growth
“GoBolt’s 562% YoY increase in EV deliveries demonstrates its ability to scale sustainably. Quarterly EV deliveries surged from 156,000 in Q1 to 694,000 in Q4, a remarkable rise of over 345%. This consistent upward trajectory highlights GoBolt’s success in expanding EV-powered operations to meet the rising demand for sustainable delivery solutions,” it added.
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