09 Aug '17, 9pm

How Soon Will US Plug-in Car Sales Surpass Hybrid Car Sales?

Plug-in electrified vehicles are projected to begin outselling hybrids in the U.S. but it may not be as soon as some people think. As we reported in February , the total number of plug-in hybrid (PHEV) and battery electric vehicles (EV) for sale in the U.S. now exceeds the total number of hybrid vehicles. Quantity of selection is not however the same as quality of sales. That is, the U.S. “take rate,” or market share percentage is about half as much for the 34 plug-in vehicles versus the 30 hybrids on offer. Hybrids, down from the lower 3 percent range are now in the 2 percent range, and plug-in electrified vehicles (PEVs), some with limited availability, are just over 1 percent. With all the headlines for electric cars with 200-plus miles priced below $40,000, and plug-in hybrids on the horizon too, the feeling in cyberspace has been electric cars are due for a runaway su...

Full article: http://www.hybridcars.com/how-soon-will-us-plug-in-car-sa...

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