Jaguar Land Rover (JLR) announced that its Jaguar brand will become an EV-only brand beginning in 2025. At least in the US, this is likely a survival strategy as the brand had its lowest market share in 2020 since 2015. With the luxury market from Lucid Motors to Audi, BMW, Cadillac and Mercedes-Benz going electric, Jaguar almost has no option but to go upscale and electric ASAP.
Toyota’s US sales of electrified vehicles declined 9.2% in Q1 2023 versus Q1 2022. With a decline of 12%, sales of Toyota and Lexus hybrids had the largest decline among the companies electrified powertrains.
Sales of plug-in hybrid electric vehicles (PHEVs) in 2022 are expected to decline to less than 20%, the lowest share of total electric vehicle (BEV + PHEV) sales since 2011 according to analysis by EVAdoption of S&P Mobility data for the Alliance of Automotive Innovation.
California surpassed 20% in EV sales share in Q3 2022, according to data from S&P Mobility and the Alliance of Automotive Innovation. US overall reached 7.1%.
Toyota’s US sales of electrified vehicles declined 9.2% in Q1 2023 versus Q1 2022. With a decline of 12%, sales of Toyota and Lexus hybrids had the largest decline among the companies electrified powertrains.
Sales of plug-in hybrid electric vehicles (PHEVs) in 2022 are expected to decline to less than 20%, the lowest share of total electric vehicle (BEV + PHEV) sales since 2011 according to analysis by EVAdoption of S&P Mobility data for the Alliance of Automotive Innovation.
California surpassed 20% in EV sales share in Q3 2022, according to data from S&P Mobility and the Alliance of Automotive Innovation. US overall reached 7.1%.
