Hybrid vehicle sales continue to rise as electric and plug-in vehicle shares remain flat
About 22% of light-duty vehicles sold in the first quarter of the year in the United States were hybrid, battery electric, or plug-in hybrid vehicles, up from about 18% in the first quarter of 2024. Among those categories, hybrid electric vehicles have continued to gain market share while battery electric vehicles and plug-in hybrid vehicles have remained relatively flat, according to estimates from Wards Intelligence.
Damaged Vehicle Assistance Available for Kentucky Survivors of April Storms
Damaged Vehicle Assistance Available for Kentucky Survivors of April Storms FRANKFORT, Ky. – In the aftermath of the April severe storms, straight-line winds, flooding, landslides and mudslides, some Kentuckians are grappling with storm-damaged vehicles. If your insurance doesn’t cover all your storm-related vehicle damage, FEMA may be able to provide financial assistance to help fill the gap. The first step is to file a claim with your insurance company if you have a comprehensive policy. This type of policy usually covers storm-related damage to a vehicle. Apply with FEMA even if you have insurance. FEMA cannot duplicate insurance payments, but underinsured applicants may receive help after their claims have been settled.
Damaged Vehicle Assistance Available for Kentuckians Impacted by February Storms and Flooding
Damaged Vehicle Assistance Available for Kentuckians Impacted by February Storms and Flooding FRANKFORT, Ky. –FEMA may be able to provide financial assistance to help those whose vehicles were damaged due to the severe storms, straight-line winds, flooding, landslides and mudslides that occurred February 14 – March 7. The first step is for survivors to file a claim with their insurance company if they have a comprehensive policy. This type of policy usually covers storm-related damage to a vehicle. Federal disaster assistance may help fill the gaps for those whose coverage does not pay for any or all storm-related damage costs.
Natural gas vehicle fuel prices rose in 2022 and 2023 after a decade of relative stability
After a decade of nearly flat prices from 2011 to 2021, inflation-adjusted fuel prices for natural gas vehicles increased in 37 states from 2021 to 2023, according to new estimates in our State Energy Data System (SEDS). Real U.S. natural gas prices for vehicle fuel remained 25% below their peak in 2008.
U.S. share of electric and hybrid vehicle sales reached a record in the third quarter
The share of electric and hybrid vehicle sales in the United States increased again in the third quarter of 2024 (3Q24), reaching a record. Combined sales of hybrid vehicles, plug-in hybrid electric vehicles, and battery electric vehicles (BEVs) increased from 19.1% of total new light-duty vehicle (LDV) sales in the United States in 2Q24 to 21.1% in 3Q24, according to estimates from Wards Intelligence.