EIA: EVs Were 16% of All Auto Sales in 2023

Electric vehicles and hybrids are taking the U.S. automobile market by storm! According to the Energy Information Administration, in 2023, the combined sales of hybrid vehicles, plug-in hybrid electric vehicles, and battery electric vehicles (BEV) surged to 16.3% of total new light-duty vehicle (LDV) sales. This significant increase highlights a growing demand for more environmentally-friendly…