28 Jul '11, 7pm

$4.50 gas, better range and cheaper costs needed to mainstream plug-ins

$4.50 gas, better range and cheaper costs needed to mainstream plug-ins An upcoming Mitsubishi plug-in hybrid The plug-in world according to Harvard In Will Electric Cars Transform the U.S. Vehicle Market? , Harvard finds that mainstream consumers will not embrace plug-in vehicles until they match conventional vehicle range, fueling convenience and cost. While it could take 10 – 20 years to improve batteries enough to entice mainstream consumers, $4.50+ gasoline prices could help increase plug-in sales in the interim, especially as battery costs decline and range increases according to the Harvard study. Overall, the study finds plug-in hybrids are $5,377 more expensive than gasoline-powered cars, while plug-in electric cars cost $4,819 more than a conventional car over the life of the vehicles. Unfortunately, I’ve not yet been able to review details of the study, so its h...

Full article: http://www.hybridcarblog.com/4-50-gas-better-range-and-ch...

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