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Hybrid adoption contributes to 3.9% uptick in California new-vehicle sales

EV market share lands at 17.3% in the Golden State

California’s new-vehicle sales rose in the third quarter following increased hybrid adoption and interest rate incentives from automakers, while EV adoption normalized. Hybrids made up 30% of new-vehicle sales in the San Francisco Bay area year-to-date through Oct. 16, up from 17% in 2023, Jessie Dosanjh, owner of California Automotive Retailing Group, told Auto Finance […]

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