At the end of 2022, plug-in hybrids accounted for around 27.2% of sales in the electric auto scene. At the end of 2023, that number was up to 29.6%. Even as BEV technology is improving by leaps and bounds and charging stations are popping up along the highway like wildflowers, the versatility of a plug-in is still hard to beat, and we’re seeing more and more automakers doubling down on PHEVs. Several automakers have backed out of their EV-only future, and will focus on PHEVs instead. Porsche is the most notable of the bunch, and even has an all-new combustion SUV in the pipeline.
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