2024 hybrid car sales projected to reach 14% of US vehicle sales, up from 9% in 2023.

Hybrid car sales are projected to reach 14% of vehicle sales by 2024, up from 9% in 2023. Better engineering, model variety, and lower price premiums contribute to their increasing popularity. Plug-in hybrid vehicles (PHEVs) offer a middle ground between conventional hybrids and electric vehicles. As more automakers introduce hybrid models, the US market is expected to see continued growth in hybrid car sales.

July 27, 2024
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