Hybrid Vehicles Are an Electrification Lifeline for Automakers

The US electric vehicle market is facing a tough 2026. Federal incentives are no more, automakers are canceling all-electric models and sales are likely to sag. Hybrids, though, are having a moment. There are more models, with bigger batteries, and sales are on the rise.

Today’s newsletter deconstructs the trend and how automakers are resetting their electrification plans to be more reliant on hybrids. Want to keep up with changing EV dynamics? Please subscribe to Bloomberg News.