U.S. Energy Information Administration - EIA - Independent Statistics and Analysis

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2024-12-13 01:30:12

Data source: Wards Intelligence Note: EV=electric vehicles, including both battery electric and plug-in hybrid electric vehicles

The share of electric and hybrid vehicle sales in the United States increased again in the third quarter of 2024 (3Q24), reaching a record. Combined sales of hybrid vehicles, plug-in hybrid electric vehicles, and battery electric vehicles (BEVs) increased from 19.1% of total new light-duty vehicle (LDV) sales in the United States in 2Q24 to 21.2% in 3Q24, according to estimates from Wards Intelligence.

This increase in the electric and hybrid vehicle market share was driven primarily by BEV sales. BEV sales continue to increase, with the share growing from 7.4% of the U.S. LDV market in 2Q24 to 8.9% in 3Q24. The share of hybrid vehicle sales also increased, with hybrid vehicles making up 10.6% of the U.S. LDV market in 3Q24, a record.

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