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EV Models Outnumber PHEV Choices For The First Time Since 2014

16 Apr 2023 | Abstracted from Green Car Reports

"Toyota, Volvo, BMW, and others see them as a smart, effective bridge technology to EVs while others, including GM and Honda see them, at least for now in the U.S., as an unnecessary complication in the shift to EVs.

"By the end of 2022, EVs stood at about 6% of the U.S. market while PHEVs were at just over 1%...the number of EV models surpassed the number of plug-in hybrid models for the first time since 2014 - going from 20 to 38 distinct models in just a year."

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