Hybrid cars now have 'very few compromises' says Ford executive ? and sales are booming

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Hybrids are set to take a bigger share of the new car market than EVs this year as more buyers question electric vehicles.

It's shaping up to be a comeback year for hybrid cars — and that's partly because they're now nearly as good as their conventional vehicles, according to a Ford executive.

Frick's comments come as demand for hybrid vehicles soars, partly due to drivers' worries about charging electric cars. Those concerns have dented sales of EVs in recent months. Hybrid car sales growth in January was five times that of EVs, according to data from Morgan Stanley, with Ford emerging as one of the major beneficiaries of that trend.

"I know that hybrids will play a role for an extended time," he said."For us, the freedom of choice and democratizing the technology for customers to select what's best for how they live their lives is really important."Toyota, which pioneered hybrids with the Prius, has also benefited.

 

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