Tesla investor and blogger Sawyer Merritt on X writes about some good reasons why he thinks some people choose hybrid vehicles like the Toyota Prius over electric vehicles and says Tesla could absolutely do a better job in one particular area with people.
Sales of hybrids are robust as General Motors, Ford Motor, and Volkswagen walk back ambitious targets for electric vehicles. Stubbornly high electric car prices and worries about charging push car shoppers to hybrids. Hybrids deliver savings at the pump without the need to plug in and have smaller, cheaper batteries than fully electric vehicles.
New car sales in Europe rebounded by 13.9 percent in 2023 as electric vehicles overtook diesel for the first time, an industry group said on Thursday.Volkswagen remained in pole position among car manufacturers, with the group selling 2.8 million new cars in 2023, up by 18 percent on the previous year.
Tata Motors is urging the government not to cut taxes on hybrid cars as they are more polluting than pure electrics, countering calls from Toyota for lower levies
Hybrid Cars: India s combined sales and additional taxes on hybrid vehicles sales are as high as 43%, based on the size of the car, compared with the highest rate of 50% imposed on petrol and diesel cars. India taxes electric vehicles (EVs) at just 5%.