As U.S. sales of gas-electric hybrid vehicles surge and EV sales cool, automakers are betting on consumer demand for a compromise: hybrids. Ford for example can't build hybrid Mavericks fast enough.
surge and electric-vehicle sales cool, automakers and suppliers are betting consumer demand for a compromise between all-combustion and all-electric is a durable trend.
The industry shift toward hybrids challenges the Biden administration's pro-EV climate policies, and environmental groups that want automakers to phase out CO2-emitting internal combustion engines as quickly as possible.The November U.S. presidential election puts the White House's EV subsidies and emissions rules at risk, however.
Led by Toyota, Ford and Honda, North American production of hybrids could rise to as much as 20% of total light-vehicle production by 2025, compared with 14% for EVs, according to data provided to Reuters by AutoForecast Solutions. hybrid for about $61,000. Comparable gasoline-only trucks"were priced the same. Some of the gas ones are more expensive," Ashton said in an interview.
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