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EV, hybrid sales reached a record 20% of U.S. vehicle sales in 2024

Sales of all-electric vehicles and hybrid models reached 20% of new car and truck sales in the U.S. For the first time last year, marking a landmark year for 'green' vehicles.
More than 3.2 million 'electrified' vehicles were sold last year, including 1.9 million hybrid vehicles and 1.3 million all-electric models.
Tesla continued to dominate the market but saw its annual sales fall, with its market share dropping to about 49%, down from 55% in 2023.
Cox Automotive expects 2025 to set another record for EV volume, predicting that one out of every four vehicles sold will be electrified this year.

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Canary Media

Chart: EV sales grew slowly in 2024 — but still set new records

Electric vehicle sales set a new record in the U.S. last year, but the pace of growth was sluggish compared to previous years. In 2024, 1.3 million new EVs were sold in the country, over 7 percent more than were sold the previous year, per new data from Kelley Blue Book . Electric vehicles — as well as plug-in…

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Bloomberg

Polestar Needs a Rich Benefactor to Keep the Wheels Turning

The Chinese-Swedish EV maker’s path to profitability remains full of potholes.

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Electrek

Polestar expects profits in 2025 with 5 GT launch, confirms Polestar 7 will be an entry level compact SUV

Swedish and Chinese EV automaker Polestar has shared an updated business strategy, looking to 2025 and beyond as its next...

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CNBC

+3 Reposted by 3 other sources

EV, hybrid sales reached a record 20% of U.S. vehicle sales in 2024

2 months ago·United States

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Jalopnik

Jeep Rushing To Launch Recon EV, Could Add Hybrid Model

Jeep may add an all-electric model to its lineup here in the U.S. sooner than expected if a new report is to be believed. The Stellantis-owned brand is said to be bringing up the release of its Recon EV, which could now launch with a hybrid powertrain as well as battery-powered options.Read more...

EV, Hybrid Sales Reached Record 20% of US Vehicle Sales In 2024

Sales of electric vehicles and hybrids reached 20% of new car sales in the U.S. last year, with Tesla maintaining dominance in the EV market despite a slight decline in market share. CNBC reports: Auto data firm Motor Intelligence reports more than 3.2 million "electrified" vehicles were sold last year, or 1.9 million hybrid vehicles, including plug-in models, and 1.3 million all-electric models. Traditional vehicles with gas or diesel internal …

2 months ago

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