Hybrid & Electric Light Vehicles: United States

Hybrid & Electric Light Vehicles: United States

This report forecasts to 2028 US light-duty hybrid and electric vehicle (LD HEV) retail sales in units. Total retail sales are segmented by power source in terms of: full hybrid electric vehicles (FHEVs), plug-in hybrid electric vehicles (PHEVs), battery electric vehicles (BEVs), and fuel cell electric vehicles (FCEVs).

To illustrate historical trends, total retail sales and the various segments are provided in annual series from 2013 to 2023.

Mild hybrids are considered a type of full hybrid for the purposes of this report. Excluded from the scope of this report are micro hybrids, in which vehicle propulsion is generated from an internal combustion engine but some technological features found in hybrid vehicles – specifically start-stop systems – are used to improve fuel economy. Because these vehicles do not use an electric motor for propulsion, they fall outside the scope of this report.

Key macroeconomic indicators are also provided with quantified trends. Other various topics, including profiles of pertinent leading companies, are covered in this report. A full outline of report items by page is available in the Table of Contents.

Related NAICS Codes:

• 336111 Automobile Manufacturing
• 336112 Light Truck and Utility Vehicle Manufacturing
• 336120 Heavy Duty Truck Manufacturing