For years, Detroit's electrification story was "all-battery or nothing." That story is being rewritten. Buyers of big pickups and SUVs want electric driving for daily use, but they also want towing capacity and freedom from charging stops. Automakers are responding with series-hybrid designs, and the United States range extended electric vehicle market is set for one of the steepest growth curves in the auto industry.
The report values the market at just USD 0.03 billion in 2025, rising to USD 0.