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Adapting to Market Correction
Meanwhile, hybrid vehicles continue to gain traction. The U.S. Energy Information Administration estimates that about 22 percent of light-duty vehicles sold in 2025 were hybrid, battery electric, or plug-in hybrid models, up from 20 percent in 2024.
“Consumers tend to prefer hybrids over EVs for greater affordability, as hybrids can reach cost parity with their internal combustion counterparts much more quickly across vehicle classes than EVs do, when you factor in purchase price, financing options, insurance, fuel, maintenance, repairs, and other factors that affect car ownership,” Steve Christensen, executive director of the Responsible Battery Coalition, told The Epoch Times.
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Christensen sees automakers building what consumers want to buy at prices they can afford.
“What we’re seeing now is the auto industry adapting to a market correction following the cutback in federal EV subsidies, which were needed to lower manufacturing costs and incentivize consumers to buy EVs,” he said.
