Hybrid sales totaled 1.35 million vehicles in 2012, with Toyota Motor Corp. (NYSE: TM) grabbing just over 20% of the total with sales of more than 276,000 hybrids. The company’s Lexus division added another 38,000 in sales. Toyota’s plug-in electric vehicles sold about 13,000 units.
Ford Motor Co. (NYSE: F) sold about 26,500 hybrids and another 3,000 or so all-electric vehicles. The Chevy Volt from General Motors Co. (NYSE: GM) sold 23,461 units, an increase of more than 200% from 2011.
Plug-in electric vehicles, like the Chevy Volt and the Model S from Tesla Motors Inc. (NASDAQ: TSLA), accounted for just 0.37% of total vehicle sales in 2011.
While alternative energy vehicle sales are rising, they are not likely to make a significant dent in total sales for a long time to come.
The complete hybridcars.com report is available here.
Get Ready To Retire (Sponsored)
Start by taking a quick retirement quiz from SmartAsset that will match you with up to 3 financial advisors that serve your area and beyond in 5 minutes, or less.
Each advisor has been vetted by SmartAsset and is held to a fiduciary standard to act in your best interests.
Here’s how it works:
1. Answer SmartAsset advisor match quiz
2. Review your pre-screened matches at your leisure. Check out the advisors’ profiles.
3. Speak with advisors at no cost to you. Have an introductory call on the phone or introduction in person and choose whom to work with in the future
Get started right here.
Thank you for reading! Have some feedback for us?
Contact the 24/7 Wall St. editorial team.
Latest from 24/7
