Automakers have been ditching EVs for hybrids and it's already paying off:
Some Toyota dealers say customers are waiting two or three months just to take ...
qz.com/evs-hybrids-car-sales-toyota-hyundai-kia-honda-1851640730
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Hybrids Gain Ground in US Auto SalesSome Toyota dealers reported that customers were waiting two to three months for new hybrid deliveries.
- Toyota said August sales of electrified vehicles rose 49% to 94,509, representing 48% of its US deliveries, with nearly all being gasoline-electric hybrids.
- Hyundai reported 79,278 August deliveries, up 22%, while hybrid sales increased 81%, led by the Santa Fe at 120% and the Tucson at 97%.
- Kia recorded 75,217 deliveries, up 4.3%, while crossover deliveries rose 9%, EV sales 27%, and plug-in hybrid volume 43%.
- Battery-powered cars and light trucks are projected to account for 9% of US industry deliveries in 2024, down from an earlier forecast of 12.4%.
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