The story within California borders during the 2019 through 2020 period is the return of the sales for regular hybrids and a slight decline in sales share of PHEVs. The latter is due to GM discontinuing the popular Chevrolet Volt PHEV and the increase in BEV sales driven by the Tesla Model 3 and now Model Y. We expect regular hybrids to continue increasing for several more years as Toyota and Honda in particular launch hybrid versions of all of their top-selling vehicles.
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%.
