Hybrid vehicles gain record US market share as EV sales decline after tax credit expiry: EIA
Washington DC, July 28 -- Hybrid electric vehicles continued to gain market share in the United States in the second quarter of 2026, while battery electric vehicle (BEV) sales declined following the expiration of federal tax credits last year, according to the US Energy Information Administration's (EIA) latest analysis.
The EIA said that 24 per cent of all new light-duty vehicles sold in the United States during the second quarter of 2026 were hybrid electric, battery electric or plug-in hybrid electric vehicles, up from 22 per cent in the corresponding quarter of 2025.
According to the report, hybrid electric vehicles recorded the strongest growth, reaching a record 16 per cent share of light-duty vehicle sales, while battery electri...
Click here to read full article from source
To read the full article or to get the complete feed from this publication, please
Contact Us.