Toyota (TM) Hybrid Dominance Continues: Hybrid Cars are Having a Moment Amid Electric Car Skepticism
December 10, 2023 |
“As automakers push their flashy new electric vehicles (EVs), many consumers making the jump from gasoline cars are opting instead for hybrids as they tiptoe toward electrification.
At $50,000, the average EV is still too expensive for many buyers — and new rules could make it harder to qualify for a federal tax credit. A lack of chargers remains a concern, too. Hybrids — which get great gas mileage and average under $40,000 — are a happy medium for many. That has some carmakers rethinking their product offerings, at least in the short term.”
