New electric vehicle sales could account for a third of the total global car market as soon as 2028.

Well over a year into the semiconductor chip shortage, automakers are still struggling to keep new vehicles on the lot while prices for those vehicles soar for consumers. 

Though they've dropped for a third-straight month, new vehicle prices are still at an all-time high.

Though total new vehicle sales in the U.S. grew less than 4 percent this past year, EVs continued to make significant strides forward.

Hybrid vehicles posted their best year of sales ever in the United States in 2021. 

A new survey shows that auto executives think President Joe Biden's 2030 EV sales goal is not only achievable but is highly likely to be reached.

Even as new vehicle sales decline amid the ongoing semiconductor shortage, EVs saw their single-best quarter ever in terms of units sold.