Why the hype for hybrid cars will not last
Fully electric vehicles will win the race
The car industry’s effort to decarbonise revolves around replacing petrol with batteries. A growing number of customers want both. Buyers who cannot afford a fully electric car, or worry about the availability of charging points, are turning to plug-in hybrid electric vehicles (PHEVs), sales of which are rocketing. But the hype for hybrids may prove to be short-lived.
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This article appeared in the Business section of the print edition under the headline “On a detour”
Business September 21st 2024
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