U.S. Department of Energy | Office of Energy Efficiency and Renewable Energy U.S. Department of Energy Office of Energy Efficiency and Renewable Energy

May 12, 2024

Current State of the Electric Vehicle Market

Despite recent headlines, electric vehicle (EV) sales continue to grow, with market experts predicting EVs to pass 12% market share for 2024. Plug-in hybrid vehicle sales are growing and currently make up a quarter of total EV sales.

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