Plug-in Vehicle Sales Could Reach 1% Market Share

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Plug-in Vehicle Sales Could Reach 1% Market Share

Electrified vehicles are gaining ground in the U.S. market.

According to a recent report from Carlypso Analysis, plug-in vehicle sales in the U.S. could reach one percent of total new-car sales by the end of this quarter. Despite falling gas prices, American consumers aren’t ready to commit back to standard gasoline vehicles and it appears that models such as the Tesla Model S, Nissan Leaf and Chevrolet Volt continue to grow in popularity.

SEE ALSO: Hyundai Sonata Adds Plug-in Hybrid Electric Powertrain

Carlypso Analysis found that plug-in vehicles accounted for 0.86 percent of U.S. new-car sales last year and continue to gain market share. The company examined over 28-million car sales from January 2013 to December 2014 and noted that the demand for trucks hasn’t dramatically shifted upwards in the short term. According to Carlypso’s data, demand for pickup trucks remain relatively consistent between 51 to 53 percent.

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  • smartacus

    when Calypso Analysis says despite falling gas prices, American consumers aren’t ready to commit back to standard gasoline vehicles; they are so correct.

    I mean the evidence speaks for itself… almost 1% market share? OMG! Non-plug-ins are circling the wagons now as we speak awaiting the siege.

    *fap-fap-fap*