The announcement comes as consumer demand for plug-in hybrids has slowed and federal support for electric powertrains has vanished, while, simultaneously, certain Stellantis 4xe vehicles have been marred by continuous recalls.

Discover which items should never be plugged into a power strip, along with other hazardous mistakes people frequently make.

Consumer Reports finds PHEVs experiencing about 80% more problems than gas cars, highlighting specific models that are dragging down reliability scores.

Plug Power shares are trading lower on Friday, pulling back following a recent partnership announcement with Walmart.

Plug-in hybrids can serve as a bridge to electric vehicles, offering 30–50 miles of electric-only range before a gas engine takes over.

What Happened? Shares of fuel cell technology Plug Power (NASDAQ:PLUG) fell 7.3% in the morning session after an analyst at TD Cowen downgraded the stock to Hold from Buy and lowered the price target to $2 from $4.

Plug Power shares are trading sharply higher Friday afternoon, with the stock up about 13% to roughly $2.24, extending a week-long rebound.

The Volvo XC60 sets the gold standard for plug-in luxury SUV reliability, with the Porsche Cayenne and Audi Q5 close behind.