Despite Lower Costs, Consumers opt for Hybrid cars Over EVs
Concerns regarding prolonged charging durations, infrastructure availability, and the safety of battery technology persist, deterring potential buyers, reveals a Deloitte study. According to Deloitte’s 2024 Global Automotive Consumer Study, a greater number of car buyers plan to opt for hybrid vehicles rather than electric vehicles (EVs) for their next purchase, despite the higher cost associated with hybrids. The study identifies[Read More…]