SNAPSHOT: Plug-in Electric Vehicles

by | Jul 24, 2019 | 0 comments

While Hybrid Electric Vehicles paved the way for electric vehicle adoption, Plug-in Electric Vehicles (PEVs) rule the category now.

Battery Electric Vehicles and Plug-In Hybrids are making significant inroads around the world. Adoption varies widely by country due to economics, distribution, and government policy.

Today, every major automaker has multiple offerings in the category.

For the aftermarket this has implications for the service business, as well as parts availability.

Here’s a snapshot of how North American PEV penetration into the market compares globally and to select countries.

While Hybrid Electric Vehicles paved the way for electric vehicle adoption, Plug-in Electric Vehicles (PEVs) rule the category now.

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