Demand for hybrid vehicles increased a lot in 2024, particularly among those not yet willing to commit to an EV. However, Toyota, which is the global hybrid leader, is struggling to keep up with demand for its fuel-efficient models in several markets, including the US. This means many buyers are having to wait for months on end before they can take delivery.
Anonymous sources claim shortages are also being experienced in Europe, Japan, China, and India. For example, wait times in India are between two to nine months depending on the hybrid, while in Japan they are between two to five months. Similarly, waiting periods across Europe have roughly doubled since 2020, typically ranging from 60 to 70 days.
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