Global plugin vehicle registrations rise 5% in August to 1.8 million
· Energy
Global plugin vehicle registrations rose 5% year over year in August to about 1.8 million units, with battery electric vehicles up 13% while plug-in hybrids fell 12%. The divergence underlines that pure electrics continue to gain share at the expense of plug-in hybrids.
Why it matters:The widening split between BEV and PHEV demand shapes model planning, battery sourcing and pricing strategy for automakers and suppliers worldwide.
Key points
- Plugin registrations reached roughly 1.8 million units in August.
- BEVs grew 13% year over year while PHEVs declined 12%.
- August's global EV share stood at 27%.
Sources (original reporting)
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