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Sales of PHEVs in Australia increased from 3372 units to 5937 in 2022, but EVs have become more popular with Australians.
Subhabrata Sengupta, executive director, Avalon Consulting, told FE that for PHEVs cost economics needs to be evaluated.
The other hurdle for most Americans is that EVs and PHEVs can be expensive compared to their gas or hybrid counterparts.
Source: https://jalopnik.com/toyota-focusing-on-hybrids-not-electric-vehicles-1850440908
The PHEVs are also part, but not all, of the parent company’s strategic plan to boost sales of electrified vehicles and cut its global footprint 50% by the end of the decade.
Source: https://techcrunch.com/2023/04/05/jeep-is-adding-an-even-cheaper-plug-in-hybrid-to-its-4xe-lineup/