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Detroit’s EV bet backfires as hybrid boom leaves Big Three behind

Fuel-sipping hybrids have become some of the hottest vehicles on the lot this year as gas prices hover near $4 a gallon.

The problem for Detroit’s automakers is that they don’t have many to offer.

A Toyota 2025 Prius plug-in hybrid electric vehicle at the Everything Electric show in Vancouver. (Bloomberg)

Hybrid sales likely rose more than 9% during the first half of the year, compared with a roughly 3% decline in overall U.S. auto sales, according to forecasts by researcher Cox Automotive. 

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