Global demand for new gasoline-powered cars has fallen below 50% for the first time as rising fuel costs drive consumers toward more efficient alternatives. Electric vehicles and hybrid models are gaining traction, reflecting shifting priorities in the automotive market amid economic pressures. Industry analysts note the trend underscores growing environmental concerns alongside financial incentives for buyers. The shift could accelerate as governments and manufacturers push for cleaner transportation solutions.
Worldwide, gas-only cars drop below half of new sales as pricier fuel lifts EVs, hybrids The Cool Down
