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U.S. Hybrid Vehicle Market Share Is Double That Of Full EVs

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While a couple of U.S. states and regions like Europe are focused on a future filled with nothing but all-electric vehicles, consumers haven’t been quite so quick to trade in their ICE-powered vehicles for BEVs. EV sales have indeed risen in recent years, but still only represent a small percentage of overall automotive sales. On the flip side, U.S. hybrid vehicle market share has grown significantly as HEV and PHEV sales outpaced BEV sales in April, according to new data from IHS Markit.

Hybrids accounted for 6.1 percent of all new vehicle registrations in the U.S. in April, compared to 2.4 percent for BEVs. But this isn’t an anomaly, either – hybrid vehicle market share has more than doubled over the same time period when compared to last year, with total volume growing from 17,591 to 92,865 units. The rise in hybrid sales has also fueled overall electrification market share, which has grown by at least five percent each month for seven straight months.

It’s worth noting, of course, that there are far more hybrid models on sale in the U.S. than battery-electric vehicles. Regardless, these two segments attract two very different types of customers in terms of demographics. While just 34 percent of BEV buyers are aged 55 or older, 46 percent of hybrid buyers fall into that age range. For most of these customers, hybrids offer some of the benefits of electric power without the downsides, which include increased cost, inadequate infrastructure, and long charging times.

Given this data, it’s no surprise that Ford remains committed to hybrid vehicles, despite the fact that it is also investing heavily in BEVs and battery research and development. We’ve seen this in recent months with the introduction of the 2021 Ford F-150 hybrid and its 3.5L PowerBoost V6 that’s capable of powering an entire home and traveling up to 750 miles on a tank of gas, as well as the recent reveal of the 2022 Ford Maverick – which comes standard with a hybrid powertrain.

We’ll have more on the state of the automotive market soon, so be sure and subscribe to Ford Authority for 24/7 Ford news coverage.

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Brett's lost track of all the Fords he's owned over the years and how much he's spent modifying them, but his current money pits include an S550 Mustang and 13th gen F-150.

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Comments

  1. Stephen Ketterer

    Hybrids are a common sense solution to reducing fossil fuel use. Batteries alone are not the answer.

    Reply
  2. Ford Owner

    Ford always makes the best hybrids!

    Reply
  3. Kyle Essenmacher

    Chicken and the egg. People don’t want to buy EVs in areas without proper charging infrastructure. Companies don’t want to invest in EV Infrastructure super charging cuz it’s expensive and they’re worried people won’t use it.

    Reply
    1. Ford Owner

      Yet most BEV owners charge at their garages, not at public stations.

      Reply
  4. Mick1

    Scrambled eggs vs turned over easy

    Reply
  5. BozB

    Have I missed something? When will the Lincoln Corsair plug-in hybrid electric vehicle become available? Or has it been quietly cancelled? It was announced at the New York International Auto Show in 2019 and it still has not launched even though Volvo, Audi, BMW, Toyota, Hyundai and others have launched theirs?

    Reply
  6. WisdomLost

    If only the Lightning came with a range extender…

    I’d pay a premium if the (recently patented by Ford) in-bed range extender was included as an option. Even better, mounting it in the “frunk” would leave the bed available.

    I don’t need (want) a hybrid drive system in the F150. All-electric power to the wheels is best for performance, efficiency, and maintenance. Simply using the gas (or diesel) engine to maintain battery charge would allow it to run at peak efficiency all the time. The mechanicals would be less complex and easier to maintain (and manufacture), as well.

    The biggest (only?) issues with a BEV truck are going to be range and charging, as mentioned in the article. An onboard range extender will fix both of these issues, especially while towing (a primary reason for owning a truck). With a BEV-first, gas-last setup, you can drive all-electric all the time, and only use the range extender when the battery range isn’t enough (or to maintain charge for those silly “no-ICE zones”).

    As a side note…
    You don’t fix “range anxiety” by simply informing the driver how close the nearest charger is, and whether you’ll make it. You fix “range anxiety” by increasing range. With a range extender, you can build with less battery capacity (cost savings and supply-chain relief), without any major drawbacks. Under heavy acceleration, when a smaller battery pack can’t handle demand, the range extender can provide the additional power (with the option to disable, of course). As a bonus, if the range extender isn’t in use, it could be a stand-alone home generator (for when you need to go get groceries during a blackout, but the kids still want to watch TV at home… or some other similar emergency).

    FORD… PLEASE make a range extender option!!!! I’ll buy the 300-mile battery AND the range extender. I’ll need both to make my 360-mile monthly tow! In fact, I’ll need both just to drive that distance without a trailer.

    Reply
  7. whypac

    Full electric is asininely stupid anywhere other than warm climates such as California and Florida.

    Cold weather severely impacts battery life and performance.

    Governments and warm climate states trying to shove EV’s on everyone, everywhere is ridiculous.

    Reply
  8. Ford Owner

    Ford does offer a range extender for the F’150 Lightning. Do a search for it. As always, Ford has a better idea!

    As for warm climates, all of the U.S. is warmer since 1890, so electric vehicles can run anywhere, even on the Moon and on Mars!

    Reply

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