Hybrid Electrical Automotive Gross sales Hit Document Highs within the US in 2021

Pure electrical vehicles are making all of the headlines, however their gasoline-electric hybrid rivals quietly achieved report gross sales in the USA final yr, business knowledge confirmed.

Whereas the likes of Tesla and Ford Motor pushed for electrical automobile gross sales, Asian automakers boosted hybrid automobile line-ups, as many shoppers nonetheless shun EVs attributable to increased costs, restricted driving vary or lack of charging stations.

US gross sales of hybrid automobile gross sales jumped 76 p.c to 801,550 automobiles final yr, accounting for five p.c of US mild automobile gross sales, in accordance with knowledge from analytics agency Wards Intelligence.

Gross sales of EVs additionally jumped 83 p.c to 434,879, however represented a meager 3 p.c of the market.

Toyota Motor posted report hybrid automobile gross sales for the US market, serving to the Japanese automaker overtake Common Motors because the top-selling US automaker.

Toyota boosted gross sales of its hybrids, plug-ins and gas cells by 73 p.c to 583,697, with most of them coming from hybrid. GM bought fewer than 25,000 electrical automobiles, because it recalled Bolt EVs attributable to battery fireplace dangers.

“Hybrids supply a very intriguing mixture of gas financial system efficiency with out a few of the enormous drawbacks that electrical automobiles current,” Brett Smith, know-how director at Heart for Automotive Analysis, stated.

Pure EVs run solely on electrical energy and require charging infrastructure, whereas hybrid EVs mix a traditional combustion engine with an electrical propulsion system.

Honda Motor, the No. 2 hybrid automobile vendor in the USA, additionally boosted hybrid gross sales by 67 p.c in contrast with 2020 to a report 107,060 final yr.

“We hope to extend our hybrid gross sales of our core merchandise, CR-V and Accord, considerably within the coming years as we put together for battery electrical automobiles,” Dave Gardner, govt vice chairman at Honda, instructed Reuters.

Honda, which plans to launch its first EV for the US market in 2024, anticipated the market to take off because of a slew of latest mannequin launches by automakers and coverage assist by the Biden administration.

“It’s only a matter of time, however I feel client acceptance, it will take some time to catch as much as,” Gardner stated.

Hyundai Motor sees hybrids and plug-in hybrids as “enablers” that can assist speed up gross sales of battery EVs, its world chief working officer, Jose Munoz, stated.

“A few of our rivals, they bounce immediately into the battery EV solely … We nonetheless see many shoppers which might be hesitant in the case of stepping into battery EV solely,” he stated.

© Thomson Reuters 2022

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