In a stunning reversal, Toyota, once a skeptic of electric vehicles, is now gaining traction with hybrid car buyers - including some former Tesla owners. Despite its initial hesitation to invest in EV technology, the Japanese automaker has been quietly building a robust lineup of hybrid and plug-in hybrid models that are winning over environmentally conscious consumers. According to recent data, a growing number of Tesla owners are trading in their electric vehicles for Toyota's more conventional hybrids, citing concerns over range anxiety and charging infrastructure. As the EV market continues to evolve, Toyota's shift towards hybrid technology is poised to give the company a competitive edge in the increasingly crowded electric vehicle space.
Toyota once scoffed at EVs, and now Tesla owners are trading in for its hybrids Yahoo Autos