From December 15 to December 30, Today in Energy will feature some of our favorite articles from 2022. Today’s article was originally published on February 9.
Hybrid, plug-in hybrid, and electric vehicle sales in the United States have increased in recent months as sales of non-hybrid internal combustion engine (ICE) vehicles fueled by gasoline or diesel decreased. In the fourth quarter of 2021, hybrid, plug-in hybrid, and electric vehicles collectively accounted for 11% of light-duty vehicle sales in the United States, according to data from Wards Intelligence.
Sales of several existing hybrid, plug-in hybrid, and electric models increased in 2021, but a large portion of the sales increase came from new manufacturer offerings across different market segments. Manufacturers increased the number of non-hybrid ICE vehicle models by 6 in 2021, versus an increase of 23 for hybrid and electric vehicle models.
These additional hybrid or electric models were mostly either crossover vehicles, which combine attributes of passenger cars and sport utility vehicles, or vehicles such as vans and pickups, which previously didn’t have many hybrid or electric vehicle options.
Manufacturers of hybrid vehicles and plug-in vehicles have expanded into market segments such as crossovers, vans, and pickups following consumer preference for larger vehicles. Within each electric or hybrid powertrain type, crossover vehicles now account for most sales.
Principal contributor: Michael Dwyer
Tags: vehicles, gasoline, diesel, liquid fuels