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Cox Automotive data shows buyers are waiting for more affordable EVs from Nissan and GM, while Honda's hybrid models are slowing the consumer shift to full-EVs.

1 report, 1 independent Updated Aug 14
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What happened

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Cox Automotive data shows buyers are waiting for more affordable EVs from Nissan and GM, while Honda's hybrid models are slowing the consumer shift to full-EVs.

Who's involved

What this event is mainly about
General MotorsNissanHonda

How it developed

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  1. Cox Automotive reports hybrid volume growth in the U.S. car market.Sub-event
  2. Affordability concerns and the persistence of hybrid models are flattening EV market share trends.1 source

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Coverage

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  • Automotive NewsEV registrations rise moderately in June, but U.S. market share drops to lackluster 8.6% New U.S. electric vehicle registrations rose 4.6 percent in June from a year earlier — with Tesla falling and