Hybrids were the biggest trend in cars in 2024. Here are 5 key things that explain the takeover.

Tech Insider : Business
charging pump in car
Demand for hybrid cars took off in 2024 as consumers turned away from pure electric vehicles.

Hendrik Schmidt/dpa/Getty Images

Elon Musk just set Wall Street up for one of his classic head fakes

Tech Insider : Economy
Photo collage of Elon Musk, CEO of Tesla, holding a box of office items in front of an Exit sign
There's only one person to blame for Tesla's shambolic state and only one person whose exit could save the company: Elon Musk.

Steve Granitz/FilmMagic via Getty Images; Tesla; Alyssa Powell/BI

I test-drive dozens of cars every year for work and I won't buy an EV yet — I'm happy with my hybrid

Tech Insider
a Jeep in the snow
A 2023 Jeep Grand Cherokee 4xe plug-in hybrid.

John Vincent

Hybrids are more popular than ever as shoppers cool on EVs

Tech Insider
A hybrid car on top of an EV charging cord
The Toyota Prius is in a good position for car buyers who are showing renewed interest in hybrids.

iStock; Rebecca Zisser/BI

Ford's secret weapon in the fight against Tesla: hybrids

Tech Insider
Jim Farley and Elon Musk
Ford CEO Jim Farley and Tesla CEO Elon Musk are battling it out for their share of the car market.

Associated Press

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