US consumers aren’t buying PHEVs despite automakers embracing them
The hype surrounding plug-in hybrids isn't translating to sales PHEVs only accounted for 1.9% of 2024 sales so far EVs have accounted for 9.4% of 2024 new vehicle sales As automakers emphasize plug-in hybrids as a hedge against EV uncertainties, consumer interest may be cooling, a new J.D. Power study indicates. Between January and August, plug-in...