Name: Why Hybrids Are Beating EVs In The U.S.
Uploaded: 2024-04-05T05:38:32.000Z
Duration: 14 min 48 s
Description: Thousands of YouTube videos with English-Chinese subtitles! Now you can learn to understand native speakers, expand your vocabulary, and improve your pronunciation...

When it came to the US at the turn of the

Basic passive voice

millennium, the hybrid car was considered a

revolutionary step toward a less polluted future.

It wasn't exactly exotic or luxe, but Hollywood

ordinary, cash strapped consumers adored its

At a time when gasoline prices were on their way

But since then, EVs have stolen the spotlight for

Tesla model Y becoming the best selling vehicle in

While EVs stole the show, the company, once lauded

for bringing hybrids to the mainstream, received

extensive criticism from environmental groups for

being slow to adopt EVs and for lobbying against

tougher climate legislation. But EV sales

have slowed in the US, going from selling in just

25 days at the beginning of 2023 to 72 days just

Meanwhile, hybrids are flying off lots faster

than even plain internal combustion cars and

Hybrid sales grew five times faster than EVs in

They're realizing that they still have to sell

And that's this is what people want to buy.

Automakers, including some that had made bold

commitments to go all electric, are now pulling

back on EV manufacturing in favor of them.

But hybrids aren't as effective as EVs at

Defenders say they are a solid, short term

solution. Automakers, including some that had

made bold commitments to go all electric, are now

pulling back on EV manufacturing in favor of

In 2023, a record 1.2 million units were sold.

Their market share is growing, and yet the oft

One of the reasons legacy manufacturers are seeing

an EV sales slowdown has been Tesla's aggressive

automakers are still selling lots of hybrids,

You get a hybrid off of the truck at a dealership.

A lot of times that vehicle is already already

has a customer, so it's not even a point of if it

Comparing January 2023 and February 2024 data show

that hybrids continue to sell much better than both

Look no further than the company that brought the

hybrid to the mainstream more than two decades ago.

Toyota Pro EV and environmental groups say

lobbying to slow the EV revolution it missed out

on, though it has experimented with battery

The company has long argued that the bridge to

full electrification will be a long one, and that

most consumers aren't ready for fully electric

vehicles. That said, it did in 2021 unveil plans

to release 30 EV models by 2030, with an annual

Investors insisted the company do more to combat

reappointment of chairman and CEO Akio Toyoda.

The proposal was defeated and Toyota kept his board

seat, but he did step down from his role as CEO

Toyota has only two EVs, and neither sell in large

volumes, but in 2023, sales of its hybrids and

plug ins increased nearly 28% over the previous

year. They make up about 30% of the Japanese

Nothing has really changed within the Toyota

framework of product planning, and explain why

succinctly. A year ago we were being mocked for it.

Today we were being congratulated for it.

Toyota's American rival and sometimes partner

Ford, has been selling EVs for longer and in

Sales of its acclaimed Mustang Mach E and the

F-150 lightning climbed nearly 18% in 2023

Hybrids still outpaced that jumping by more than

a quarter. Ford CEO Jim Farley said the automaker

would postpone about $12 billion in planned EV

investment and pull back on production of the

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Why Hybrids Are Beating EVs In The U.S.

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