Electrification Archives

Electrified Vehicle Growth Energized in Q1 04/15/2021 Q1 2021 was big for electrified vehicles. In all, electrified vehicles – the combined total of EVs, hybrids and plug-in hybrids – accounted for 7.8% of the total sales last quarter, up from 4.8% in the same period one year ago. Electrified vehicle sales growth far outpaced industry growth, with EV volume growing by 44.8%, reaching nearly 100,000 sales in the quarter, a record. Hybrids outpaced… Read Article

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Japanese Hybrids Dominate Electrification in Shopping, Sales 03/03/2021 New EVs – 100% battery-powered vehicles – are generating a lot of buzz and excitement in the market right now, but in fact, U.S. consumers seem to favor hybrids and plug-in hybrids when shopping and buying electrified vehicles, specifically those from Toyota and Honda, according to Cox Automotive data. February sales were further proof. While Toyota’s February sales were down overall, it sold 41,706 electrified vehicles,… Read Article

Electric Vehicles EV Hybrids Electrified Vehicles Electrification Market Insights Data Point