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Hybrid Vehicle Sales Jump 30% in May, Plug-Ins Jump 69%! | The Green Optimistic

The demand for electrified vehicles, including hybrid vehicles, plug-in hybrids, and pure electric vehicles, has been slacking for the last few months.

Past the end-of-the-year rush to take advantage of federal and state plug-in vehicle incentives, and add to this the fairly stable price of fuel, it’s the perfect recipe for stagnant hybrid vehicle sales. Summer is just around the corner, bringing with it trips to the beach [or the mountains], summer vacations, cookouts at the lake, and whatever else we love to do as a nation to enjoy ourselves when the sun finally comes out of hiding after Spring mayhem.
With all these summer activities comes a corresponding increase in the demand for fuel, and thus the rising price of fuel. May hybrid vehicle sales seem to reflect concern for this natural cycle of fuel prices following supply and demand. This year, hybrid vehicles, overall, saw a 30% jump in sales over last year at the same time. Plug-in hybrids and electric vehicles saw a 69% jump in sales as well.


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