Page 2 California Auto Outlook Gasoline, 57.6% Hybrid, 22.1% Electric (BEV), 15.9% Plug In Hybrid (PHEV), 2.3% Diesel, 2.1% Fuel Cell, 0.0% Annual Registrations and Market Share Quarterly Registrations and Market Share 2022 2023 2024 2025 YTD '26 2Q '25 3Q '25 4Q '25 1Q '26 2Q '26 ZEV registrations 262107 382219 385385 377198 137430 ZEV registrations 87306 108810 85586 57262 80168 ZEV share 16.6% 21.7% 22.0% 21.0% 15.9% ZEV share 18.2% 24.9% 20.2% 13.8% 17.8% Hybrid regs. (excl. plug ins) 144860 196148 258199 350533 191000 Hybrid regs. (excl. plug ins) 98117 83214 86738 86855 104145 Hybrid share (excl. plug ins) 9.2% 11.1% 14.8% 19.5% 22.1% Hybrid share (excl. plug ins) 20.5% 19.0% 20.5% 20.9% 23.2% PHEV regs. 41902 60506 60500 63291 19584 PHEV regs. 18827 16650 11000 8263 11321 PHEV share 2.7% 3.4% 3.5% 3.5% 2.3% PHEV share 3.9% 3.8% 2.6% 2.0% 2.5% 0.0% 5.0% 10.0% 15.0% 20.0% 25.0% 2018 2019 2020 2021 2022 2023 2024 2025 YTD '26 Market Share ZEVs Hybrids (excl. plug ins) PHEVs 0.0% 5.0% 10.0% 15.0% 20.0% 25.0% 3Q '24 4Q '24 1Q '25 2Q '25 3Q '25 4Q '25 1Q '26 2Q '26 Market Share ZEVs Hybrids (excl. plug ins) PHEVs Vehicle Powertrain Dashboard Annual Quarterly Hybrid vehicle share has increased in each of the past four years. Market Share for all Powertrain Types - YTD 2026 thru June California and U.S. Markets California ZEV market share YTD ‘26 thru June 15.9% ❏ Gasoline powered vehicles accounted for 57.6 percent of state new vehicle registrations during the first six months of this year, up from 54.0 percent in 2025. ❏ Combined share for BEVs, PHEVs, hybrids, and fuel cell vehicles was 40.3 percent in the first half of this year, down from 43.8 percent in 2025, but up significantly from just 11.6 percent in 2018. ❏ Hybrid vehicle market share easily surpassed ZEV share in the first half of this year - 22.1 percent for hybrids versus 15.9 percent for ZEVs. Electric and Hybrid Vehicle Market Share U.S. ZEV market share YTD ‘26 thru June 5.9% California share of U.S. ZEV registrations YTD ‘26 thru June 29.1% Data sourced from Experian Automotive. Data sourced from Experian Automotive. Hybrid market share increased from 20.9% in Q1 ‘26 to 23.2% in Q2. Data sourced from Experian Automotive. ZEVs are full battery electric vehicles and include fuel cell vehicles. PHEVs are plug in hybrids. Hybrid vehicle registrations and market share excludes mild hybrids. 28 California New Car Dealer Quarterly
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