Global Market Shift: EV and Hybrid Sales Overtake Gas Cars for First Time in a Century
GLOBAL
For the first time since the 1920s, gasoline-only vehicle sales now represent less than 50% of the global new car market. This significant milestone underscores the accelerating transition away from internal combustion engines, driven by the rapid growth of electric vehicles and hybrids. Experts project that electric cars alone could dominate sales by the end of the decade.
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