Are Hybrid Cars Helping America Transition to Electric Vehicles?

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America’s electric car subsidies expired at the end of September, notes Bloomberg. Yet in those last three months, “while fully electric cars and trucks made up 10% of all auto sales in the US… another 15% of transactions were for hybrid vehicles.”

The EV market is slowing in the U.S., but analysts expect hybrid sales to continue accelerating. CarGurus Inc., a digital listings platform that covers most of the US auto market, predicts nearly one in six new cars next year…



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Are Hybrid Cars Helping America Transition to Electric Vehicles?


America’s electric car subsidies expired at the end of September, notes Bloomberg. Yet in those last three months, “while fully electric cars and trucks made up 10% of all auto sales in the US… another 15% of transactions were for hybrid vehicles.”

The EV market is slowing in the U.S., but analysts expect hybrid sales to continue accelerating. CarGurus Inc., a digital listings platform that covers most of the US auto market, predicts nearly one in six new cars next year…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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