Hybrids are the breakout star of the U.S. car market as EV demand fades

Hybrid vehicle sales in the United States increased in 2024 while electric vehicle sales growth slowed. Major automakers including Toyota, Honda, and Ford expanded hybrid model lineups and production capacity. Hybrid vehicles typically cost less than comparable electric vehicles and do not require owners to locate charging infrastructure. Industry data showed hybrids accounted for a larger share of total U.S. auto sales in 2024 compared to the previous year.

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