cwerdna
Well-Known Member
From https://www.nytimes.com/2024/01/17/business/hybrid-cars-electric-vehicles.html (snapshot at Hybrid Cars Enjoy a Renaissance as All-Electric Sales Slow if you get hit by a paywall):Per EV Sales Growth was a Highlight of 2022 - Cox Automotive Inc., "EV share of new-vehicle sales in 2022 hit 5.8%..." Per A Record 1.2 Million EVs Were Sold in the U.S. in 2023, According to Estimates from Kelley Blue Book - Cox Automotive Inc., "In 2023, the EV share of the total U.S. vehicle market was 7.6%, according to Kelley Blue Book estimates."
"Americans bought a record 1.2 million electric vehicles last year, a gain of about 46 percent and a 7.6 percent share of all new car sales, according to Cox. But hybrid sales rose even faster, up 65 percent to more than 1.2 million, lifting their market share to 8 percent from 5.5 percent, according to Edmunds. Throw in plug-in hybrids, and nearly one in 10 new cars pairs a gasoline engine with electric motors to save fuel and boost performance.
Analysts say stubbornly high electric car prices and worries about public charging are pushing some car shoppers to hybrids, including renters or urbanites who can’t charge a battery-powered car at home. Hybrids deliver savings at the pump with no need to plug in for hours or plan trips around charging stops. Their batteries are much smaller and cost a lot less than the batteries in fully electric vehicles.
Buyers paid about $42,500 on average for hybrids in November, according to Edmunds, compared with $60,500 for electric vehicles and $47,500 for conventional models. There is a smorgasbord of affordable hybrid models, many starting around $30,000 — including a stylishly redesigned Prius that returns a model-record 57 miles per gallon. The electric vehicle market, by contrast, remains top-heavy with luxury offerings."