Hybrid, plug-in hybrid, and battery EVs collectively accounted for 16% of US light-duty automobile gross sales within the second quarter of 2023, in keeping with the US Vitality Info Administration (EIA).

EV gross sales are on the rise within the US

The EIA, which reviewed information from Wards Intelligence, additionally notes that inversely, gross sales have additionally decreased for gasoline and diesel autos.

US EV gross sales progress was largely all the way down to new producer choices throughout completely different market segments – extra on that later – though present fashions additionally made up a number of the leap in gross sales.

Producers decreased the variety of ICE automobile fashions from 318 to 297 between 2021 and Q2 2023, and so they elevated the variety of battery-electric fashions from 34 to 55. (The EIA categorizes a single automobile mannequin as together with one nameplate and all of the out there trim ranges related to that nameplate.)

It was the luxurious automobile market that captured 18% of complete new automobile gross sales in Q2 2023, up from 14% in 2020, and many of the EV uptake is happening in within the luxurious phase. Automakers canceled 17 luxurious ICE automobile fashions and added 19 luxurious EV fashions between 2021 and Q2 2023.

Battery-electric autos now account for 20% of all out there luxurious fashions, in contrast with 7% of non-luxury fashions.

Electrek’s Take

Automakers know that luxurious is the market phase wherein to promote EVs: The EIA says it’s as a result of luxurious automobile market patrons are extra prepared to pay EV value premiums than non-luxury market patrons.

It additionally famous that “in Q2 2023, battery-electric autos accounted for 32% of complete luxurious gross sales and a little bit over 1% of non-luxury gross sales.”

These percentages actually shine a lightweight on the US EV market phase gross sales disparity. If the US is to achieve the purpose set by the Biden administration to have 50% of all new US automobile gross sales be electrical by 2030, then automakers are going to want to determine how you can entice extra non-luxury market patrons. The automakers may even must work to get dealerships singing from the identical songsheet.

Learn extra: In a primary, renewables beat coal within the US energy sector in 2022

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