Hybrid vehicles gain market share as EV and gas-powered car demand declines
By
Mike Winters
Summary
Hybrid vehicles are becoming the fastest-growing segment of the U.S. auto market as both fully electric vehicles (EVs) and traditional gas-powered cars lose market share. Hybrids offer a middle-ground solution: they cost more than gas cars but less than EVs, achieve 25-40% better fuel economy than gas models, and don't require plug-in charging infrastructure. Industry experts highlight hybrids as a practical compromise for consumers who want fuel savings without committing to EV infrastructure limitations.
Source
bskyHybrid vehicles gain market share as EV and gas-powered car demand declinescnb.cxKey quotes
· 2 pulledA hybrid is a great way to save on gas without committing to an EV infrastructure that might not be ready to meet every need.
Hybrids typically achieve 25% to 40% better fuel economy than comparable gas-powered models, according to JD Power.
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