Hybrid vehicle sales are surging in the U.S. while battery-electric cars pile up on dealer lots. According to Cars.com hybrids and plug-in hybrid vehicles, or PHEVs, average $48,918, while the average price for an all-battery electric vehicle is $63,802. Sales of battery electric vehicles, or BEVs, grew just 7% year over year in the first quarter of 2024, according to data provider WardsAuto, down from 43% year-over-year growth in the fourth quarter of 2023.
In the most recent trading session, Toyota Motor Corporation (TM) closed at $227.31, indicating a -0.28% shift from the previous trading day.
Billions of dollars are being spent to extract hydrogen energy from water at an industrial scale. Can this green dream come true?