Why are car buyers preferring Hybrids over EVs?

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The U.S. auto market is seeing a growing preference for hybrid vehicles over fully electric vehicles. Hybrid sales have doubled since 2020 from Global Data, now outpacing pure EVs in the U.S. While pricier upfront, Idaho National Lab reported hybrids can save consumers money long-term on fuel costs. Yahoo Finance's Rachelle Akuffo and Akiko Fujita examine what's driving the hybrid demand surge. For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live

The U.S. auto market is seeing a growing preference for hybrid vehicles over fully electric vehicles. Hybrid sales have doubled since 2020 from Global Data, now outpacing pure EVs in the U.S. While pricier upfront, Idaho National Lab reported hybrids can save consumers money long-term on fuel costs.click hereBears like JPMorgan and bulls like Fundstrat remain split on what looms for markets in October, with some strategists eyeing a rebound in earnings.

Discover a world of exciting games, from heart-pumping action to brain-teasing puzzles. Get the latest versions of the top games in 2023.Despite fanfare, federal funding and even a visit from the prime minister, the owner of an N.W.T. mine project is closing down its processing plant in Saskatoon. Vital Metals owns Cheetah Resources, which is the owner of the Nechalacho mine project, about 100 kilometres south-east of Yellowknife. The project is one of the first rare earth metal mines in Canada.

More than one-third of Canadians say they consider themselves financially stressed amid inflation, interest rates, and the high cost of living. Sean Previl spoke with finance experts to get their perspective on what people can do to tackle that debt and hopefully ease some of that stress.Here are some main factors that can trigger a massive rally in this undervalued TSX stock.

MANILA -An oil tanker registered under the flag of the Marshall Islands was suspected to have been involved in an 'accidental collision' with a Philippine boat in the South China Sea that killed three fishermen, the Philippine coast guard said on Wednesday.

 

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Oil demand: We are still in an oil bull market, analyst explainsOil demand remains high despite inflation and other economic pressures keeping consumers on tightened budgets. Claudio Galimberti, Rystad Energy SVP & Head of Americas Research, joins Yahoo Finance Live to share his oil demand predictions for 2024. 'We are still in that phase' of an oil bull market, Galimberti tells Yahoo Finance, making a callback to previous comments on the energy market's reaction to OPEC's production cuts. Galimberti predicts a 'very sizable' rate of oil demand heading into 2024, coinciding with forecasts for extended production cuts from Saudi Arabian producers. For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live.
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