Hybrid automobile gross sales rose 76 % final 12 months to 801,550 automobiles, which accounts for five% of US mild automobile gross sales, in line with information from analytics agency Wards Intelligence.
Pure electrical vehicles are grabbing all of the headlines, however their gasoline-electric hybrid rivals quietly achieved report gross sales within the United States final 12 months, trade information confirmed.
While the likes of Tesla Inc. and Ford Motor Co. pushed for electrical automobile gross sales, Asian automakers promoted hybrid automobile line-ups, as many purchasers nonetheless use EVs on account of excessive costs, restricted driving vary or lack of charging stations. are removed from.
Hybrid automobile gross sales rose 76 % final 12 months to 801,550 automobiles, which accounts for five% of US mild automobile gross sales, in line with information from analytics agency Wards Intelligence.
Electric automobile gross sales additionally jumped 83 % to 434,879, however characterize solely 3% of the market.
Toyota Motor Corp. posted report hybrid automotive gross sales for the US market, serving to the Japanese automaker to overhaul General Motors Company because the best-selling US automaker.
Toyota grew its hybrid, plug-in and gasoline cell gross sales 73% to 583,697, most of which got here from hybrids. GM bought lower than 25,000 electrical automobiles after the Bolt EVs had been recalled because of the danger of a battery hearth.
“Hybrids offer a really interesting mix of fuel economy performance without some of the major drawbacks present in electric vehicles,” stated Brett Smith, expertise director on the Center for Automotive Research.
Electric automobile gross sales additionally jumped 83 % to 434,879, however characterize solely 3% of the market.
Pure EVs run solely on electrical energy and require a charging infrastructure, whereas hybrid EVs mix a standard combustion engine with an electrical propulsion system.
Honda Motor Co., the No. 2 hybrid automotive vendor within the United States, additionally noticed hybrid gross sales develop 67% in 2020 in comparison with a report 107,060 final 12 months’s 107,060.
“We expect an increase in hybrid sales of our core products, the CR-V and Accord, as we prepare for battery electric vehicles in the coming years,” Honda Executive Vice President Dave Gardner advised Reuters.
Honda, which plans to launch its first EV for the US market in 2024, had anticipated the market to speed up on account of a number of new fashions launched by automakers and coverage assist by the Biden administration.
“It’s just a matter of time, but consumer acceptance, I think, will take some time to catch on,” Gardner stated.
Hyundai Motor Company sees hybrid and plug-in hybrid as “enablers” that can assist speed up battery EV gross sales, stated its world chief working officer, Jose Munoz.
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“Some of our competitors, they jump straight into battery EVs… we still see many consumers who are hesitant to just get into battery EVs,” he stated.
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With inputs from NDTV
