EIA: EVs, Hybrids Account for More than 16% of 2023 Light-Duty Vehicle Sales

February 1, 2024--Researched by Industrial Info Resources (Sugar Land, Texas)--Sales of hybrid vehicles, plug-in hybrid electric vehicles, and battery electric vehicles (BEVs) accounted for 16.3% of total light-duty vehicle (LDV) sales in the U.S. in 2023, up from 12.9% in 2022, according to the U.S. Energy Information Administration (EIA), citing data from Wards Intelligence.

Industrial Info is tracking 118 active electric vehicle (EV)-related projects in the U.S., with a total investment value of $117.3 billion.