us auto market

US Hybrid Sales Climb to 16% Share as EV Sales Fall After Federal Tax Credit Expiration

Hybrids reached 16% of US light-duty vehicle sales in Q3 2026 while battery electrics fell to 6% and plug-in hybrids to 0.7%, following the September 2025 expiration of federal EV tax credits. Overall electrified vehicle share slipped to 23% from 24% a year earlier, with BEV share in the luxury segment dropping sharply from 31% to 12%.