Hybrid and EV registrations hit 47.3% of October total, up 53.7% YoY

October registrations show electric and hybrid vehicles now account for 47.3% of the market, with hybrids alone up 53.7% year-over-year. This signals accelerating consumer adoption of electrified powertrains, likely driven by policy incentives and model availability. The shift has implications for fuel demand, grid load, and the competitive position of legacy automakers.

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