Third Quarter 2025 Page 7 0.0% 2.0% 4.0% 6.0% 8.0% 10.0% Q4 '20 Q1 '21 Q2 '21 Q3 '21 Q4 '21 Q1 '22 Q2 '22 Q3 '22 Q4 '22 Q1 '23 Q2 '23 Q3 '23 Q4 '23 Q1 '24 Q2 '24 Q3 '24 Q4 '24 Q1 '25 Q2 '25 Q3 '25 Electric (BEV) Hybrid Plug In Hybrid (PHEV) BEV, PHEV, AND HYBRID MARKET SHARE Percent Share of Industry Registrations by Powertrain Type Data sourced from Experian Automotive. Hybrid registrations exclude mild hybrids. FLAT ALTERNATIVE POWERTRAIN MARKET FIVE KEY TRENDS 1. 2. 3. 4. 5. Hybrid vehicles continued to post gains. Hybrid share was 9.8% so far this year, up 2.1 points vs. year earlier. BEV share was just 2.2% in 3Q ‘25, up slightly vs. year-earlier and 2Q ‘25. The graph below shows ICE, hybrid (excluding plug-ins), and combined BEV and PHEV share for eight main segments Hybrids accounted for more than 24% of registrations in the Non Luxury Car and Van segments. BEV and PHEV share was highest in luxury segments (right side of the graph). POWERTRAIN SHARES FOR VEHICLE SEGMENTS Percent Share of Segment Registrations by Powertrain Type - YTD 2025 thru September The graph above shows market share by powertrain type for eight vehicle segments. Gray bars show ICE market share, green is hybrids, and blue is combined share for BEVs and PHEVs. Luxury segments are shown on the right side of the graph. BEV/PHEV share exceeded 22% for Luxury Cars and Small Luxury SUVs. Data sourced from Experian Automotive. Non Luxury Cars Pickups Vans Small Non Luxury SUVs Mid Size and Large Non Luxury SUVs Luxury Cars Small Luxury SUVs Mid Size and Large Luxury SUVs ICE 73.6% 93.2% 72.9% 86.9% 91.5% 74.8% 67.0% 85.9% Hybrid 25.6% 5.7% 24.0% 11.2% 7.1% 3.2% 2.4% 6.0% BEVs + PHEVs 0.8% 1.1% 3.1% 2.0% 1.4% 22.0% 30.6% 8.1% 73.6% 93.2% 72.9% 86.9% 91.5% 74.8% 67.0% 85.9% 0.0% 20.0% 40.0% 60.0% 80.0% 100.0% % share of segment YTD thru September YTD '24 YTD '25 Hybrid 7.7% 9.8% Electric (BEV) 1.9% 2.1% Plug In Hybrid (PHEV) 0.4% 0.6% Quarterly 2Q '25 3Q '25 Hybrid 10.0% 9.9% Electric (BEV) 1.9% 2.2% Plug In Hybrid (PHEV) 0.6% 0.6%
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