US automakers race to build more hybrids as EV sales slow

March 16, 2024

U.S. sales of hybrids grew five times faster than EV sales in February, Morgan Stanley said. Investing in hybrid demandSuppliers such as Schaeffler are making long-term investments to expand capacity for hybrid production. Frustrated by the poor fuel economy of his V-8 powered Ford F-150 truck, Ashton shopped for a replacement and bought an F-150 hybrid for about $61,000. In December, hybrids accounted for about 35% of total F-150 sales at the dealership. For the 2024 model year, Ford F-150 hybrids will start at the same price as F-150s with 3.5 liter turbo-charged EcoBoost engines.

The source of this news is from Tuoi Tre News

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