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Toyota, Hyundai Motor Group, and Honda Dominate U.S. Hybrid Vehicle Market with 86% Share

07/23/2026, 04:37 AM business review auto Toyota Honda
The hybrid vehicle market in the U.S. is experiencing significant growth, with Toyota, Hyundai, and Honda dominating the segment, which now holds a record market share of 15.4%. This shift highlights the increasing consumer preference for hybrids over fully electric vehicles, driven by factors such as high fuel prices and a broader selection of models.