For the first time since hybrid vehicles entered the market, the share of hybrid registrations declined in 2010 – from 2.9% in 2009 to 2.6% in 2010. Reasons for this include the relatively lower price of gasoline and the availability of several non-hybrid vehicles that get 40 miles per gallon or more.
Share of Hybrid Registrations, 2005-2010
Supporting Information
Calendar Year | Market Share |
---|---|
2005 | 1.4% |
2006 | 1.8% |
2007 | 2.5% |
2008 | 2.6% |
2009 | 2.9% |
2010 | 2.6% |
Source: R. L. Polk and Company, "U.S. Hybrid Market Share Suffers, Expected to Rebound," April 2011. |