As electric vehicle (EV) enthusiasm appears to be waning, a new survey from Kelley Blue Book (KBB) reveals a surprising shift in consumer preferences. According to the research, hybrid and SUV sales have reached new heights, with many motorists opting for these more traditional options over electric vehicles. The trend is particularly pronounced in the US market, where rising fuel prices and concerns about charging infrastructure have led some drivers to reevaluate their choices. As the EV market experiences a slight downturn, industry experts will be closely watching to see if this shift in consumer behavior signals a long-term trend or a temporary blip in the ongoing transition to electric vehicles.
Hybrids and SUVs hit new highs as EV interest cools, KBB survey finds CBT News