California Auto Outlook Gasoline, 59.7% Electric (BEV), 21.4% Hybrid, 13.2% Plug In Hybrid (PHEV), 3.4% Diesel, 2.3% Fuel Cell, 0.0% Annual Registrations and Market Share Quarterly Registrations and Market Share 2020 2021 2022 2023 YTD '24 2Q '23 3Q '23 4Q '23 1Q '24 2Q '24 BEV registrations 92080 161385 260071 379692 191322 BEV registrations 102730 99785 89503 89879 101443 BEV share 5.8% 9.1% 16.4% 21.5% 21.4% BEV share 21.8% 22.4% 21.2% 20.9% 21.9% Hybrid regs. (excl. plug ins) 97500 160159 144500 196494 118222 Hybrid regs. (excl. plug ins) 50976 52438 56353 56184 62038 Hybrid share (excl. plug ins) 6.1% 9.1% 9.1% 11.1% 13.2% Hybrid share (excl. plug ins) 10.8% 11.7% 13.3% 13.1% 13.4% PHEV regs. 29083 54289 42492 59540 30542 PHEV regs. 15103 15029 15076 15679 14863 PHEV share 1.8% 3.1% 2.7% 3.4% 3.4% PHEV share 3.2% 3.4% 3.6% 3.7% 3.2% 0.0% 5.0% 10.0% 15.0% 20.0% 25.0% 2016 2017 2018 2019 2020 2021 2022 2023 YTD '24 Market Share BEVs Hybrids (excl. plug ins) PHEVs 0.0% 5.0% 10.0% 15.0% 20.0% 25.0% 3Q '22 4Q '22 1Q '23 2Q '23 3Q '23 4Q '23 1Q '24 2Q '24 Market Share BEVs Hybrids (excl. plug ins) PHEVs Vehicle Powertrain Dashboard Annual and Year-to-date Quarterly Data sourced from Experian Automotive. BEVs are full battery electric vehicles. PHEVs are plug in hybrids. Hybrid vehicle registrations and market share excludes mild hybrids. BEV market share was 21.4 percent during the first half of ‘24, down slightly from ‘23. Market Share for all Powertrain Types - YTD ‘24 thru June California and U.S. Markets California BEV market share YTD ‘24 21.4% ❏ Gasoline powered vehicles accounted for less than 60 percent of state new vehicle registrations during the first six months of this year. ❏ ICE market share (including gasoline and diesel vehicles) was 62 percent during the first six months of this year, down from 71.6 percent in 2022 and 88.4 percent in 2018. ❏ Combined share for BEVs, PHEVs, hybrids, and fuel cell vehicles was 38 percent in the first half of 2024, up from just 11.6 percent in 2018. Hybrid and Electric Vehicle Market Share U.S. BEV market share YTD ‘24 7.5% California share of U.S. BEV registrations YTD ‘24 33.0% Data sourced from Experian Automotive. Data sourced from Experian Automotive. BEVs are full battery electric vehicles. 33 California New Car Dealer Quarterly
RkJQdWJsaXNoZXIy MTg3NDExNQ==