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Fewer new-car shoppers are considering EVs for their next vehicle, according to JD Power, with shoppers citing a lack of access to charging infrastructure as a main reason for ruling out EVs. Brands that have leaned into hybrids saw better sales results in February. "Hybrids are just rockin,'" Toyota Motor North America's sales chief David Christ told Automotive News after it released its sales results last week. The Toyota RAV4 SUV is one of the more popular hybrids on dealer lots. Among American brands, Ford notched a 31.5% increase in hybrid sales, as these vehicles lured more new customers to the Blue Oval.
Persons: , Power, David Christ, Ford, Jim Baumbick Organizations: Service, Tesla, Business, Brands, Toyota, Automotive, Blue, Ford
Hybrid vehicle market share has picked up pace in 2023 despite all the investment pouring into EVs. From October 2022 to October of this year, total vehicle market share for hybrids grew from 6.5% to 11.4%, according to data from Edmunds. Over the same time period, EV market share growth was more sluggish, expanding from 6% to 7.5%. Toyota 's 2024 Prius, often called the "gold standard" in hybrid vehicles, was named MotorTrend's car of the year. The uptick in hybrid sales won't likely spell doom and gloom for the EV market over the long-term.
Persons: Stephanie Valdez Streaty, Valdez Streaty, Edmunds, Goldman Sachs, Tesla, Mark Delaney, David Christ, Honda, Michelle Krebs, Sienna, Krebbs, Ford, Dan Levy, Levy, EVs, headwinds, BEV, Tom Narayan Organizations: Cox Automotive, Ford, General Motors, Wall, Toyota, ICE, EV, Toyota Motor's, Wall Street, Los Angeles Auto, FactSet, Tesla, Barclays, GM, Biden, U.S, BMO Capital Locations: Edmunds, U.S
Visitors look at a Toyota Camry car during the Bangkok Auto Salon 2019 in Bangkok, Thailand, July 4, 2019. The 2025 Camry will combine a 2.5-liter gasoline engine with an electric drive system tuned to deliver more power in both front-wheel drive and all-wheel drive versions of the car, Toyota said. The hybrid powertrain and a new electronic all-wheel drive system deliver 232 combined horsepower – nearly 15% more than the outgoing Camry with a mechanical all-wheel drive system, Toyota said. The cheapest Camry hybrid model currently sells for about $2,400 more than the most inexpensive combustion Camry. A current Camry hybrid is rated at 52 miles (84 km) per gallon in combined city and highway driving, compared with a 32-mpg rating for the conventional four-cylinder Camry.
Persons: Athit, David Christ, Christ, Sienna, Joe White, Matthew Lewis Organizations: Toyota Camry, Bangkok Auto, REUTERS, Rights DETROIT, Toyota, Reuters, Los Angeles Auto, Camry, General Motors, Chevrolet Malibu, Honda, Hyundai, Tesla, Car Dealers Association, Thomson Locations: Bangkok, Thailand, U.S, North America, Los Angeles, Detroit, California
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Persons: Dow Jones
This copy is for your personal, non-commercial use only. Distribution and use of this material are governed by our Subscriber Agreement and by copyright law. For non-personal use or to order multiple copies, please contact Dow Jones Reprints at 1-800-843-0008 or visit www.djreprints.com. https://www.wsj.com/articles/homebuyers-with-short-memories-are-driving-up-prices-in-hurricane-hit-town-11e24fb6
Persons: Dow Jones
As the Covid pandemic raged around them, Ari Kaplan, his wife, Hannah Phillips-Kaplan, an interior designer, and son, now 13, were looking for somewhere new to live after nearly two decades in Los Angeles. “We wanted to raise our son somewhere more wholesome and with a stronger sense of community,” said Mr. Kaplan, 50, the chief financial officer for e-commerce company Mamenta. “And we talked about Austin, Portland, Charlotte, Denver and New York,” he said. The Kaplans’ list quickly whittled down to New York and Denver. But in the former “I’d just be changing one crazy for another crazy,” Mr. Kaplan said, while the latter felt just “too liberal and crunchy.” And so the Kaplans landed in Tulsa, Okla., the hometown of Ms. Phillips-Kaplan, 43, spurred by family connections, the city’s booming tech scene, its reasonably priced upmarket housing and its middle-of-the-road political climate.
Cinci cărți pe care merită să le citești în această varăBill Gates vrea ca în această vară să ai parte de gânduri serioase. Astfel, el a vine cu o recomandare ce include cinci cărți pe care trebuie să le citești în perioada fierbinte a anului. „Leonardo da Vinci” by Walter IsaacsonGates consideră că Leonardo a fost unul dintre cei mai fascinați oameni vreodată. Isaacson combină diferite fire ale vieții lui Leonardo și explică ceea ce l-a făcut atât de excepțional. Gates menționează că rezultatul este un memoir inconștient, surprinzător de amuzant despre credință și despre abordarea propriei mortalități.
Persons: Bill Gates, Gates, Leonardo, Vinci, Walter Isaacson Gates, Isaacson, Kate Bowler, Bowler, George Saunders, Abraham Lincoln, Lincoln ., David Christian, Christian, Hans Rosling, Rosling, Anna Rosling Ronnlund Gates Organizations: Lincoln
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