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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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