In 2025, the automotive industry will see continued growth in electric vehicles (EVs), including battery electric vehicles (BEVs), plug-in hybrids (PHEVs), and hybrids, with EV shipments forecast to grow 17% and hybrids expected to gain significant market share. However, EV adoption growth is slowing due to high costs, limited charging infrastructure, and reduced subsidies, prompting automakers like GM and Ford to scale back full EV production and emphasize hybrids as a more cost-effective, sustainable mid-term strategy.

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