article thumbnail

Argonne: Cumulative PEV sales in the US reach 1.6 million units; BEVs outpace PHEVs

Green Car Congress

In August 2020, cumulative US plug-in vehicle sales reached 1.6 Plug-in vehicles consist of both battery electric vehicles (BEVs) and plug-in hybrid electric vehicles (PHEVs). Source: Argonne National Laboratory, Light Duty Electric Drive Vehicles Monthly Sales Updates , August 2020.

PHEV 243
article thumbnail

Mitsubishi Outlander PHEV hits 200,000 global sales

Green Car Congress

Mitsubishi Motors Corporation (MMC) announced that the world’s first plug-in hybrid SUV, the Mitsubishi Outlander PHEV, has achieved sales of 200,000 units worldwide since its launch in 2013. Since making its debut in Japan, the Outlander PHEV has been rolled out to more than 50 countries across the world. liter gasoline engine.

PHEV 304
article thumbnail

IDTechEx: Market value for hybrid electric vehicles to peak at $792 billion in 2027

Green Car Congress

In a new report—“ Full Hybrid Electric Vehicle Markets 2021-2041 ”—IDTechEx forecasts that market value for hybrid electric vehicles will peak at $792 billion in 2027. Several European countries have set out plans or regulations to ban the sales of new ICE vehicles in the 2030s.

Market 243
article thumbnail

BYD, Toyota to establish joint company for battery-electric vehicle research and development

Green Car Congress

and Toyota Motor Corporation signed an agreement to establish a joint company to research and development for battery-electric vehicles (BEVs). In 2008, BYD became the first company to sell mass production of plug-in hybrid electrified vehicles (PHEVs). BYD Company Ltd. —BYD senior vice president Lian Yu-bo.

BYD 283
article thumbnail

Forecast: 3.2M Plug-in Electric Vehicles to be Sold Worldwide between 2010 and 2015; More Than 1M PEVs in 2015

Green Car Congress

Total global electrified vehicle sales. Pike forecasts that PHEV and BEV sales will reach just over 1 million units in five years (1,081,294 vehicles in 2015), with PHEVs accounting for 44% of that amount. CAGR between 2010 and 2015 (compared to 4.8% CAGR for the overall light-duty vehicle market).

2015 218
article thumbnail

BYD, Toyota jointly to develop battery electric vehicles for Chinese market

Green Car Congress

and Toyota Motor Corporation have signed an agreement for the joint development of battery electric vehicles (BEVs). In 2008, BYD became the first company to sell mass production of plug-in hybrid electrified vehicles (PHEVs). BYD Company Ltd.

BYD 186
article thumbnail

Chrysler to introduce PHEV models in 2016 and 2017 to meet ZEV requirements; new FCA gasoline engine family coming in 2015

Green Car Congress

Fiat Chrysler Automobiles’ (FCA) Chrysler Brand will launch two plug-in hybrid vehicles (PHEV) over the next several years, said Al Gardner, President and CEO of the Chrysler Brand, during the FCA Investor Day presentations at Auburn Hills, Mi. FCA will launch a PHEV minivan in 2016 to comply with ZEV requirements.

Chrysler 294