From Fortune Magazine:



American automakers are making a push toward electric vehicles (EVs) in an effort to reduce carbon emissions, but sales are not meeting the ambitious goals set for the transition away from combustion engines. Instead, gas-electric hybrids have seen a surge in popularity, with a record of over 1 million hybrids sold in the US, up 76% from the previous year. The reasons for the stronger popularity of hybrids over EVs vary, including concerns about the availability of charging stations, affordability, and reliability. Additionally, the proliferation of natural disasters has led more people to view climate change as a crisis and are opting for hybrids to reduce carbon emissions. EVs are pricier than hybrids, even with federal tax credits, and their range can be affected by cold weather. Furthermore, hybrids have been proven to be more reliable than EVs, according to Consumer Reports. While it is expected that eventually, more EVs will be sold in the US, for now, hybrids are the preferable option for many consumers. With the help of government incentives and advancements in technology, the popularity of EVs may increase in the future.



Original: Electric vehicle boom peters out but record number of hybrid cars sold in 2023