Hybrid vehicles gain U.S. market share as EV and gas-powered car demand declines
By
Mike Winters
Summary
Hybrid vehicles are gaining market share in the U.S. as both fully electric vehicles (EVs) and traditional gas-powered cars see declining demand. 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 note hybrids provide fuel savings without the commitment to EV infrastructure that may not yet meet all consumer needs.
Source
bskyHybrid vehicles gain U.S. market share as EV and gas-powered car demand declinescnbc.comKey quotes
· 3 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.
Hybrid vehicles typically cost more than comparable gas-powered cars, but substantially less than many fully electric vehicles.
Hybrids typically achieve 25% to 40% better fuel economy than comparable gas-powered models.
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