Although there are 39 additional BEVs – all-new or as added powertrain options to existing vehicles - expected in 2025, greatly adding to consumer choices, expectations are that the count of currently scheduled new BEVs over the next five years will be further reduced, and that more FHEV and PHEV programs will be slated in that period. According to GlobalData, more hybrids will “allow various OEMs to more affordably bring new models to help meet regulations into the market with technologies consumers are more familiar with and less averse to.”
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Electrified Propulsion Accounts for 20% of 2024 U.S. Light-Vehicle Sales
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The Analyst Team
Haig Stoddard
Follow AnalystPrincipal Analyst, Forecast & Markets
Haig has followed the auto industry for over three decades, starting as a reporter and editor for Wards Automotive Reports, then transitioning to an automotive market analyst. He analyzes market trends related to new-vehicle demand, production, and powertrain take-rates, and forecasts vehicle connectivity and automation levels
Haig focuses on tying together demand, vehicle production, and powertrain trends. He also has created and co-created several of the company’s current analytical outputs related to forecasts, plant capacities, product cycle plans, market segmentation, and future vehicle propulsion reports. Currently, he supports the Wards Intelligence database and produces regularly scheduled and custom subscription-based posts tied to North American production, sales analysis, forecasts, and general global market analysis. He also is working on projects to help expand the company’s coverage of future trends by creating vehicle-based forecasts related to factory-installed equipment, such as ADAS and mobility.
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