Why hybrid sales surge as EV sales flatten
Publishing timestamp: 2024-04-04 08:00:01
Summary
Hybrid vehicles are gaining popularity again as EV sales slow down in the U.S. Toyota, a major player in the hybrid market, is planning to release 30 EV models by 2030 despite previously lagging behind in the EV revolution. While some argue that hybrids are not as effective as EVs in reducing greenhouse gases, others see them as a better short-term solution.
Sentiment: MIXED
Tickers: GM, TSLA, 7203.T-JP, TM, F,
Keywords: general motors co, tesla inc, environment, electric vehicles, toyota motor corp, autos, ford motor co, transportation, united states, business news, mary barra,
Source: https://www.cnbc.com/2024/04/04/why-hybrid-sales-surge-as-ev-sales-flatten.html