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3 min read
Interest in EVs and Hybrids Remains High As Fuel Prices Slowly Decrease
04/13/2022
The national average gas price for a gallon of gas is still high at the beginning of April, down 6 cents to $4.17 per gallon on April 10 compared with a week earlier. President Biden’s decision to release oil from the strategic reserves coupled with this week’s waiver allowing the use of ethanol this summer continues to lower prices at the pump and hopefully alleviate consumer…
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5 min read
Japanese Hybrids Dominate Electrification in Shopping, Sales
03/03/2021
New EVs – 100% battery-powered vehicles – are generating a lot of buzz and excitement in the market right now, but in fact, U.S. consumers seem to favor hybrids and plug-in hybrids when shopping and buying electrified vehicles, specifically those from Toyota and Honda, according to Cox Automotive data. February sales were further proof. While Toyota’s February sales were down overall, it sold 41,706 electrified vehicles,…
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