Hybrid Shift: EV Tax Credit Loss Shakes Up Market
Update: 2025-12-20
Description
The electric vehicle market in the US has been significantly impacted by the removal of the seven thousand five hundred dollar tax credit, leading to a surge in hybrid vehicles. Ford and Toyota are among the automakers adjusting their strategies, with Ford scrapping pure EV models and Toyota focusing on hybrids. The European Union may also delay its ban on gas cars, and low-cost EVs could reshape the market by 2027. Hybrids seem to be the real path forward for 2026, as robotaxis gain attention.
The Daily News Now! — Every city. Every story. AI-powered.
Hosted on Acast. See acast.com/privacy for more information.
Comments
In Channel
Download from Google Play
Download from App Store
United States00:00
00:00
x
