Report: PHEVs will peak at 10% of global market in 2030

2025 Porsche Panamera Turbo S E-HybridEVs are still the future The sudden revival of plug-in hybrids is predicted to peak at 10% of the market Sales of PHEVs is predicted to call as battery prices drop and EVs become less expensive Plug-in hybrids are experiencing a sales resurgence, but they're unlikely to surpass EVs in the long term, predicts Bloomberg New Energy Finance. Sales of...

Porsche says EV transition to “take years,” Audi refocuses on PHEVs

2025 Porsche Macan 4SPorsche and Audi acknowledge the electric transition will take longer than anticipated Audi said plug-in hybrids will be the stepping stone, especially in the U.S. Both Porsche and Audi still plan to go all-electric Two Volkswagen Group brands now expect the EV transition to take longer than originally thought. Porsche previously said it was...

Kia Sorento PHEV updated for 2025, costs $10,000 more than 3 years ago

2025 Kia Sorento plug-in hybridThe 2025 Kia Sorento plug-in hybrid adopts the lineup's redesign from 2024 Sorento plug-in hybrid costs $49,365 Most buyers paid $10,000 less for similar plug-in hybrid Sorento just three years ago The 2025 Kia Sorento PHEV features revised styling and tech in line with the standard Sorento and Sorento Hybrid, but its effective cost as gone up...

2025 Kia Sportage Hybrid gets price hike, still undercuts RAV4, CR-V

2025 Kia Sportage HybridBiggest price hike applies to base front-wheel-drive Sportage Hybrid 2025 Sportage Hybrid remains cheaper than rivals if AWD isn’t a priority Sportage PHEV carries over at 34 miles of range, includes AWD Kia has carried over its Sportage Hybrid and Plug-In Hybrid lineups for the 2025 model year. And while there are few changes to these...

Hybrids, PHEVs make up record sales share

2023 Honda CR-V Hybrid Sport TouringHybrids and plug-in hybrids accounted for a record 11% of U.S. car sales in the first quarter, reports Automotive News, citing data from Cox Automotive. Sales of hybrids more than doubled in Q1 compared to a year earlier, the Cox data showed, while plug-in hybrid sales rose 59% in the quarter. Owner loyalty was also strong, with 42% of hybrid...

McLaren CEO asks UK to lead “power-dense battery cell manufacturing”

2025 McLaren Artura SpiderThe CEO of McLaren wants the U.K. government to help create a battery supply chain The new supply chain would lead to power-dense battery cell manufacturing This would all lead to future McLaren electric supercars being produced in the U.K. McLaren Automotive CEO Michael Leiters is calling on the U.K. government to invest in the country's battery...

Test drive: 2024 Volvo S60 Recharge PHEV is better in charge

2024 Volvo S60 RechargeIt’s been nearly a decade since Volvo first started rolling out plug-in hybrids in the U.S., and while the formula for them hasn’t changed a whole lot, a couple of important details have. One of them is that Volvo’s made the batteries larger every few years, leading to more plug-in electric range, improved hybrid drivability, or...

Volvo’s highest-mileage plug-in hybrid is going away

2025 Volvo S60The Volvo S60 sedan—which in Recharge form is currently the Swedish automaker's most efficient plug-in hybrid—is being discontinued in the U.S. Motor1 first reported that S60 production would end at Volvo's Ridgeville, South Carolina, factory (located near the city of Charleston) this month. That was telegraphed by Volvo in 2021, when...

Will plug-in hybrids be plugged in, or will they add oil demand?

2025 Ram 1500 RamchargerThe global fleet of internal-combustion vehicles will peak in 2025, but plug-in hybrids may determine whether this leads to decreased oil demand, according to new analysis from Bloomberg New Energy Finance (BNEF). Sales of internal-combustion vehicles already peaked in 2017, and BNEF expects them to be 29% below that peak in 2027. While BNEF still...