More US auto buyers are turning to hybrids as sales of electric vehicles slow
More US auto buyers are turning to hybrids as sales of electric vehicles slow
While EV sales are growing, their pace is falling well short of the industry’s ambitious timetable for transitioning away from combustion engines.
America’s automakers have staked their futures on the notion that electric vehicles will dominate sales in the coming years, spurred by buyers determined to reduce carbon emissions and save on fuel.
But so far, while EV sales are growing, their pace is falling well short of the industry’s ambitious timetable for transitioning away from combustion engines. Instead, buyers are increasingly embracing a quarter-century-old technology whose popularity has been surging: The gas-electric hybrid, which alternates from gas to battery power to maximize efficiency.
So far in 2023, Americans have bought a record 1 million-plus hybrids — up 76% from the same period last year, according to Edmunds.com. As recently as last year, purchases had fallen below 2021’s total. This year’s figures don’t even include sales of 148,000 plug-in hybrids, which drive a short distance on battery power before a gas-electric system kicks in.
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EV’s are simply too expensive for the middle class. Sales will take off when the price comes down.
Cars should be expensive. It's insane that trucks are the number one selling vehicle. That shit should cost $100, 000.
This right here. Why buy an EV when I can get an Acura for like $24k? Once they become comparable in price to the cheapest ICE cars then sales will boom.