Global gasoline-powered car sales have slipped below half for the first time, accounting for just under half of all new vehicle purchases worldwide. The shift reflects a growing consumer and regulatory push toward electric and alternative-fuel vehicles amid concerns over emissions and fuel efficiency. Industry analysts note the decline marks a turning point in the automotive market, with hybrid and battery-electric models gaining rapid traction. Automakers are accelerating investments in electrification as traditional combustion engines face declining demand.
Gasoline Cars Lose Global Market Majority As Sales Fall To 49 Percent Motor1.com
