Worldwide outside the US BEVs are about 16% of new car sales (BEVs + PHEVs are about 25%). Hybrids are still going to be relevant worldwide for quite a while.
The peak of ICE car sales (which includes hybrids) was in 2017 and it’s been downhill since then, and it’s going to plummet from here as EV share keeps growing rapidly. Bev share is growing significantly faster than hybrid. I personally wouldn’t be betting my company on a rapidly shrinking market
