For the first time ever in the U.S. last year, sport-utility vehicles (SUVs) likely accounted for half or just over half of all vehicles sold, according to recent data from IHS Markit, a data and analytics firm. Between 2010 and 2019, the share of SUVs in overall car sales in China jumped from 14% to 44%. If they offer any electric SUVs, major automakers so far offer only about one apiece, a minuscule number compared to the array of traditional SUVs on offer. But this coming updraft of electric SUVs hasn't happened yet — nor was it helped by the pandemic, at least not in the U.S. Power, the share of both battery electric vehicles and plug-in electric vehicles fell in 2020 compared to 2019.
Source: Forbes January 22, 2021 14:13 UTC