Toyota's Hybrids Just Humiliated GM And The Entire Auto Industry Is Scrambling!

Gas prices jumped about 40% and Americans rushed to hybrids. Toyota was ready, with more than 600,000 hybrids sold in six months and RAV4s leaving dealer lots in days. GM, America's biggest automaker, has just one hybrid: a Corvette. After more than $11 billion in EV-related charges and a slide in market share, GM's 2019 dismissal of hybrids is catching up with it, while Nissan, Jeep, Hyundai and others race to cash in. Here's how Toyota's long-mocked bet paid off, and why GM's answer may not arrive until the end of the decade. #Toyota #GM #Hybrid