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As EV Sales Growth Slows, Automakers Accelerate Hybrid, Plug-In Plans

As EV Sales Growth Slows, Automakers Accelerate Hybrid, Plug-In Plans

Volkswagen “remains committed” to its aggressive EV program, the automaker’s U.S. chief executive said. But, as sales growth slows, the German auto giant is also considering adding hybrids and plug-in hybrids to its American fleet. And it’s not alone. Other manufacturers who’ve made major commitments to EVs, such as Kia, are also turning to hybrids to help them meet emissions targets because of consumer resistance to all-electric vehicles.

EV Skeptic Akio Toyoda Sees Electric Vehicle Market Share Peaking at 30%

EV Skeptic Akio Toyoda Sees Electric Vehicle Market Share Peaking at 30%

He’s warned that the switch to battery-electric vehicles could seriously harm the auto industry. And even though his successor as Toyota CEO has committed more resources to EVs, Akio Toyoda continues to see a future in which hybrids and other alternatives dominate the global market. More from Headlight.News.

GM, Other Automakers Rethink EVs and May Shift Near-Term Emphasis to Hybrids, Plug-Ins

GM, Other Automakers Rethink EVs and May Shift Near-Term Emphasis to Hybrids, Plug-Ins

With EV sales growth slowing down, General Motors “is currently assessing” its massive investment in battery-electric vehicles. And, while it remains committed to CEO Mary Barra’s “path to an all-electric future,” it will shift more emphasis to the hybrids and plug-ins it was planning to abandon. And other automakers, including Ford and Stellantis, are likewise shifting direction. If anything, this validates Toyota’s strategy calling for a mix of EVs, hybrids and PHEVs, reports Headlight.News.