Electric and hybrid vehicle sales set new record
More than one in five light-duty vehicles sold in the U.S. in the third quarter of 2024 was a hybrid, plug-in hybrid, or battery-powered EV.
The share of electric and hybrid vehicle sales in the U.S. reached a new record in the third quarter of 2024 according to the latest data from the federal Energy Information Administration.
Combined sales of hybrid vehicles, plug-in hybrid electric vehicles, and battery electric vehicles (BEVs) increased to 21.2% of total new light-duty vehicle (LDV) sales over the three-month time period. Robust sales of battery electric vehicles drove the increase.
“When we see our friends and neighbors get where they need to go in an EV, it dawns on us that we can reap the benefits of driving a more efficient and less polluting car too, ” said Johanna Neumann, Senior Director of the Campaign for 100% Renewable Energy at Environment America Research & Policy Center. “If you need to replace your car, now is a great time to consider an electric vehicle. EV technology has continued to improve, prices keep coming down, and consumers have more choices than ever before.”
Consumers may also qualify for tax credits toward their electric vehicle purchase. Check out our buyers guide to buying a used electric vehicle.
To learn how many battery electric vehicles are registered in your state and how quickly public charging infrastructure is growing, check out the Renewables on the Rise dashboard.
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