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Hybrid sales rise while battery electric sales remain lower after tax credit expiration

In the second quarter of 2026 (2Q26), 24% of new light-duty vehicles sold in the United States were hybrid electric, battery electric, or plug-in hybrid electric vehicles, up from 22% in 2Q25. Between 2Q25 and 2Q26, hybrid electric vehicles continued to gain market share, reaching a record 16% of light-duty vehicle sales. The market shares of battery electric and plug-in hybrid electric vehicles decreased, according to estimates from Omdia. In 2Q26, battery electric vehicle sales were 6% of new light-duty vehicles sold, down from 7% in 2Q25; plug-in hybrid electric vehicle sales fell from 1.9% to 1.4% over the same period.

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Likely impactMedium
Affected currenciesUSD
Related instrumentsEURUSD, GBPUSD, USDJPY, AUDUSD, XAUUSD, XAGUSD, XPTUSD, XPDUSD, BTCUSD, ETHUSD, SOLUSD, XRPUSD, ADAUSD, DOGEUSD, LTCUSD, BCHUSD, LINKUSD, AVAXUSD, NZDUSD, USDCAD, USDCHF, USDCNH, USDCZK, USDDKK, USDHKD, USDHUF, USDILS, USDMXN, USDNOK, USDPLN, USDSEK, USDSGD, USDTRY, USDZAR
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