Three Automakers Dominate U.S. Hybrid Vehicle Market
Toyota, Honda, and Hyundai Motor Group control 86% of the fast-growing hybrid vehicle market in the United States as sales surged nearly 20% year-over-year to a record share of 15.4%. High fuel prices and consumer hesitation around EV charging are driving demand for hybrids.
Topics: EV Market Dynamics Honda Hybrid Vehicles Hyundai Motor Group Toyota