Electric Vehicle (EV) Sales Hit a Roadblock as Affordable Gas and Hybrid Options Gain Popularity. In a surprising turn of events, several major automakers have reported record sales, but not in the electric vehicle (EV) sector as one might expect. Instead, Hyundai and Kia have seen significant gains in sales of their affordable gas-powered models and hybrid vehicles, which have proven to be major draws for budget-conscious consumers. Meanwhile, electric vehicle sales have taken a hit, raising questions about the future of the EV market and the impact of increasing competition from more traditional fuel options.
Affordable models and hybrids resulted in record sales for several automakers, including Hyundai and Kia. Sales for EVs suffered.
