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The long-anticipated series-hybrid system from Nissan isn’t U.S.-bound yet, but executives hinted that it might make sense as a bridge toward fully electric pickups or SUVs—with a new parallel-hybrid twist.
Once again, Kia has announced record breaking sales and, contrary to all the recent negative press about EV sales, Kia’s electric vehicle sales were up 83% compared to October 2022. So what does this say about the US market’s appetite for EVs?
Why EV Demand Concerns are Overblown
The Biden administration is shooting for 50% of all car sales to be electric vehicles by 2030. Thanks to generous state and federal on-the-spot rebates local dealers are gearing up for a sales boom.
This week Honda and GM announced that they were scraping their plans to co-develop “affordable” EVs together (in this case affordable meaning below $30,000 US). While this is discouraging, it doesn’t mean more affordable EVs will not be available.