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Slowdown in EV Adoption and Shift towards Hybrids
In this chapter, the hosts delve into the reasons behind the slowdown in electric vehicle adoption, emphasizing the need for robust charging infrastructure and purpose-built EVs. They also explore the growing popularity of hybrid vehicles as a transitional option and discuss their own plans for hybrid vehicle launches in strategic segments. Additionally, they touch upon their strong demand for EV trucks and their commitment to ramping up EV production in 2024.