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29 Feb, 2024
Posted by George Moskoff
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BEV’s Moving Slowly, Plug-In Hybrids Come Into View.

Hello. Welcome to the latest installment of stuff related to electrification upgrades in the United States.

Battery Electric Vehicles (BEV’s) are selling pretty well…just not as well as hoped for.  (Tesla still owns over 56% of the BEV new car market.)

What do you do when sales are lagging?  You pivot.

GM is announcing a possible return to the popular Chevy Volt (PHEV) and more hybrids to come.  Ford is said to be following Toyota’s lead on hybrids (Toyota’s deep experience should count for something — they were the first guys to come out with a regular hybrid in 2001 – the Prius).

There are still tax incentives from the Inflation Reduction Act (IRA) for PHEV’s.  Click here for link.

Stay safe out there.

George, Alexander and Damian
Bringing you news on new electrification activities.

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