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Key FactsHybrids Gain Ground in US Auto Sales
Sep 5, 2024 · Reading time: ~30 sec.
Summary created with AI assistance · Source: qz.com
Summary created with AI assistance · Source: qz.com
- Toyota said August sales of electrified vehicles rose 49% to 94,509, representing 48% of its US deliveries, with nearly all being gasoline-electric hybrids.
- Hyundai reported 79,278 August deliveries, up 22%, while hybrid sales increased 81%, led by the Santa Fe at 120% and the Tucson at 97%.
- Kia recorded 75,217 deliveries, up 4.3%, while crossover deliveries rose 9%, EV sales 27%, and plug-in hybrid volume 43%.
- Battery-powered cars and light trucks are projected to account for 9% of US industry deliveries in 2024, down from an earlier forecast of 12.4%.
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