Page 8 San Diego Auto Outlook 21.0% 13.3% 11.7% 11.1% 10.1% 9.4% 9.2% 8.0% 7.7% 7.4% 7.4% 7.1% 6.8% 6.4% 4.4% 4.4% 3.7% 2.5% 1.5% 1.4% 0.0% 5.0% 10.0% 15.0% 20.0% 25.0% 30.0% 35.0% 40.0% 45.0% Electric (BEV) Plug In Hybrid (PHEV) Comparison of Selected Metro Area Markets Markets are shown from left (highest) to right (lowest) based on combined BEV and PHEV market share. Data sourced from Experian Automotive. Comparison of BEV and PHEV Market Share Electric (BEV) and Plug in Hybrid (PHEV) Market Share - YTD 2023 thru September Combined market share for BEVs and PHEVs in San Diego County was well above average compared to the other markets. BEV market share was higher than 20% in four California markets. BEV share in the county was 22.4% and PHEV share was 3.5% Results in Area New Vehicle Markets The graph below provides a comparison of how metro area new vehicle markets have performed so far this year. It shows the percent change in new retail light vehicle registrations during the first nine months of this year versus the same period a year earlier. Percent Change in New Retail Light Vehicle Registrations - YTD 2023 vs. YTD 2022 (thru September) San Diego County registrations increased 9.2% during the first nine months of this year, above the average for other markets. The Silicon Valley market improved by 21.0%. NCDA.COM 31
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