Why These Three Companies Dominate The U.S. Hybrid Car Market

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Hybrid sales are surging in the US. The vehicles offer consumers respite from high fuel prices without charging. Every other segment has seen sales shrink, but hybrids are going. Three automakers Toyota, Hyundai Motor Group, and Honda together control nearly 90 percent of the mainstream market. Chapters: 00:00 Introduction 01:27 Chapter 1: Hybrid surge 02:40 Chapter 2: Who was prepared 04:31 Chapter 3: Lagging rivals 06:04 Chapter 4: The future Produced by: Robert Ferris Edited by: Meline Rosales Camera by: Natalie Rice Senior Managing Producer: Tala Hadavi Senior Director of Video: Lindsey Jacobson Additional Footage: Getty Images, Toyota Motor, Honda, Hyundai Motor, Ford Motor Company » Subscribe to CNBC: https://cnb.cx/SubscribeCNBC » Subscribe to CNBC TV: https://cnb.cx/SubscribeCNBCtelevision About CNBC: From 'Wall Street' to 'Main Street' to award winning original documentaries and Reality TV series, CNBC has you covered. Experience special sneak peeks of your favorite shows, exclusive video and more. Want to get ahead at work? Then you need to learn how to make effective small talk. In CNBC’s new online course, How To Talk To People At Work, expert instructors teach you how to use everyday conversation to gain visibility, build meaningful relationships and advance your career. Sign up now: https://cnb.cx/4sGlSkh Connect with CNBC News Online Get the latest news: https://www.cnbc.com/ Follow CNBC on LinkedIn: https://cnb.cx/LinkedInCNBC Follow CNBC News on Instagram: https://cnb.cx/InstagramCNBC Follow CNBC News on Facebook: https://cnb.cx/LikeCNBC Follow CNBC on Threads: https://cnb.cx/threads Follow CNBC News on X: https://cnb.cx/FollowCNBC Follow CNBC on WhatsApp: https://cnb.cx/WhatsAppCNBC #CNBC Why Toyota, Honda And Hyundai Dominate The U.S. Hybrid Car Market