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There are xx businesses in the Hybrid & Electric Vehicle Manufacturing industry in the US, which is expected to grow at xx% over the next five years. This industry primarily manufactures hybrid and electric automobiles that use one or more electric motors for propulsion. A hybrid electric vehicle (HEV) is a type of a vehicle that combines a conventional internal combustion engine (ICE) propulsion system with an electric propulsion system. The most common form of HEV is the hybrid electric car, though hybrid electric trucks (pickups and tractors) and SUVs also exist.
Curious about what drives these trends? IBISWorld's Hybrid & Electric Vehicle Manufacturing in the US industry coverage has got you covered.
Total value (#) and annual change from 2012 – 2030.
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| Industry | Sector | Last 5-yr CAGR | Forecast 5-year CAGR | Revenue |
|---|---|---|---|---|
| Automobile & Light-Duty Motor Vehicle Manufacturing in the US |
|
XX% | XX% | $XX |
| Motorcycle, Bicycle & Parts Manufacturing in the US |
|
XX% | XX% | $XX |
| Bicycle Manufacturing in the US |
|
XX% | XX% | $XX |
| Tire Manufacturing in the US |
|
XX% | XX% | $XX |
| Battery Manufacturing in the US |
|
XX% | XX% | $XX |
| Lithium Battery Manufacturing in the US |
|
XX% | XX% | $XX |
| Global Automobile & Light-Duty Motor Vehicle Manufacturing |
|
XX% | XX% | $XX |
| Automobiles & Pickup Trucks Manufacturing in Mexico |
|
XX% | XX% | $XX |
When the stakes are high, you need intelligence that cuts through the noise—wherever you work.
There is 148 Hybrid & Electric Vehicle Manufacturing in the US businesses as of 2026, an increase of 2.1% from 2025.
The number of Hybrid & Electric Vehicle Manufacturing in the US businesses has declined -1.5% per year on average over the five years between 2021 and 2026.
See our full analysis of the Hybrid & Electric Vehicle Manufacturing in the US to understand if the mumber of bussinesses is expected to grow or decline over the next five years.
The Hybrid & Electric Vehicle Manufacturing in the US has moderate market share concentration and the largest business is Tesla, Inc..