Customer Logins

Obtain the data you need to make the most informed decisions by accessing our extensive portfolio of information, analytics, and expertise. Sign in to the product or service center of your choice.

Customer Logins

An Automotive Minute with Stephanie Brinley - Vehicle Electrification

03 May 2021 Stephanie Brinley

An Automotive Minute with Stephanie Brinley: Vehicle Electrification

IHS Markit US light-vehicle registration data from January and February 2021 shows a jump in share for electrified vehicles. In 2020, electrified vehicles accounted for 5.9% of all light-vehicle registrations. Over the first two months of 2021, this jumped to 8.0%. #EVs share of landed at 2.1%, while traditional hybrid share came in at 5.1%. Plug-in-Hybrids (#PHEVs) remain less than 1%, though also improved slightly.

IHS Markit sees potential for battery electric vehicles to make up 25% to 30% of US passenger car sales as soon as 2030, on global regulations pushing for a speedier pivot to all-electric vehicles, increasing calls for bans on internal combustion engines in the US, and industry investments.

There remains a significant distance between consumer behavior today and potential in 2030. The early 2021 improvement may signal the start of deeper change in consumer attitude toward electrification.

Ask Stephanie a question.

Explore

Follow Us

{"items" : [ {"name":"share","enabled":true,"desc":"<strong>Share</strong>","mobdesc":"Share","options":[ {"name":"facebook","url":"https://www.facebook.com/sharer.php?u=http%3a%2f%2fihsmarkit.com%2fresearch-analysis%2fautomotive-minute-stephanie-brinley-vehicle-electrification.html","enabled":true},{"name":"twitter","url":"https://twitter.com/intent/tweet?url=http%3a%2f%2fihsmarkit.com%2fresearch-analysis%2fautomotive-minute-stephanie-brinley-vehicle-electrification.html&text=An+Automotive+Minute+with+Stephanie+Brinley+-+Vehicle+Electrification+%7c+IHS+Markit+","enabled":true},{"name":"linkedin","url":"https://www.linkedin.com/sharing/share-offsite/?url=http%3a%2f%2fihsmarkit.com%2fresearch-analysis%2fautomotive-minute-stephanie-brinley-vehicle-electrification.html","enabled":true},{"name":"email","url":"?subject=An Automotive Minute with Stephanie Brinley - Vehicle Electrification | IHS Markit &body=http%3a%2f%2fihsmarkit.com%2fresearch-analysis%2fautomotive-minute-stephanie-brinley-vehicle-electrification.html","enabled":true},{"name":"whatsapp","url":"https://api.whatsapp.com/send?text=An+Automotive+Minute+with+Stephanie+Brinley+-+Vehicle+Electrification+%7c+IHS+Markit+ http%3a%2f%2fihsmarkit.com%2fresearch-analysis%2fautomotive-minute-stephanie-brinley-vehicle-electrification.html","enabled":true}]}, {"name":"rtt","enabled":true,"mobdesc":"Top"} ]}
Filter Sort