Part 5/10:
The Economic Implication of Hybrids
Hybrids often come with a smaller battery, meaning they are cheaper to produce and often more profitable for manufacturers at a time when many EVs are sold at a loss. They present a lucrative option for those companies looking to maintain existing supply chains and expertise while tapping into the growing market for more affordable vehicles. Consumers seeking cost-effective alternatives may find hybrids attractive due to their lower initial costs and operational efficiencies, at least in the short term.