Popular non-Tesla models such as the Ford Mustang Mach-E crossover had 7,363 registrations in December 2024 EV Registrations Are Rising—But What’s Really Behind the Growth? Electric vehicle (EV) registrations have increased significantly over the past few years, signaling a major shift in the automotive industry. Globally, EVs now account for a growing share of new vehicle sales, with millions of units sold annually and market penetration steadily increasing. But this surge

Chevrolet Silverado EV at Hampton Roads Automotive Show 2025 The Rise of Electric Vehicles and Hybrids Is Reshaping the Automotive Industry Electric vehicles (EVs) and hybrids are no longer niche options—they are rapidly becoming a central part of the global automotive market. In fact, more than 20% of new cars sold worldwide are now electric , with global EV sales surpassing 17 million vehicles in 2024 alone . This shift represents more than a trend—it signals a fundamental