Enlarge (credit: Honda) Global carmakers are stepping up their investment in hybrid technologies as consumers’ growing wariness over fully electric vehicles forces the industry to rapidly shift gear, according to top executives. A combination of still high interest rates and concern over inadequate charging infrastructure has chilled buyers’ enthusiasm for fully electric cars, prompting a rebound in sales of hybrid vehicles that most of the industry had long regarded as nothing more than a stop-gap. Tapping the resurgent demand for hybrids was a priority, executives from General Motors, Nissan, Hyundai, Volkswagen and Ford told the Financial Times’ Future of the Car Summit this week.Read 17 remaining paragraphs | Comments
Similar Stories to Automakers Hedge Their Bets With Plug-in Hybrids As Ev Sales Slow on Bing News
Financial Times, Ars Technica
Fri, 05/10/2024 - 8:57am
BING NEWS:
- China EV Stocks Rise on Bets Tariffs Are Manageable: Street Wrap
Chinese electric-vehicle stocks gained as analysts said the European Union’s preliminary announcement of tariff increases was in line with market expectations and manageable for companies with cost ...
06/12/2024 - 4:29 pm | View Link - Jeep Looking To Grow PHEV Sales, Considering Traditional Hybrids Too
Speaking to CNBC, Jeep CEO Antonio Filosa revealed the brand expects to sell 160,000 to 170,000 plug-in hybrids in the United States in 2024. That would be a sizable jump as the publication reports ...
06/4/2024 - 12:06 pm | View Link - Jeep expects to grow plug-in hybrid SUV sales by as much as 50% in 2024
Jeep expects to sell 160,000 to 170,000 plug-in hybrid electric vehicles, or PHEVs, in the U.S. this year, an increase of 40% to 50% from last year, Jeep CEO Antonio Filosa told CNBC. The target comes ...
06/3/2024 - 4:03 am | View Link - Plug-In hybrids? Why you may want to rethink this car
EVs have progressed. It’s time to ditch the training wheels. Here are two reasons to say no to plug-in hybrids.
06/2/2024 - 9:00 am | View Link - Strong Sales Encouraging Mazda to Launch More Plug-in Hybrids
Mazda hits big with plug-in hybrids on two models and now plans more - encouraging other automakers to consider adding their own PHEVs.
06/2/2024 - 5:13 am | View Link - More
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