Hybrid, Electric Car Sales Continue to Soar Despite Falling Gas Prices: #evworld

evworld.com 19 Jul '12, 2pm

Hybrid, Electric Car Sales Continue to Soar Despite Falling Gas Prices: #evworld

Sales of alternative-energy vehicles typically fall rapidly after fuel prices peak, and although sales are down from the March 2012 high, they remain stronger than in previous years. Sales of the Lexus CT200h improved nearly 500 percent year-over-year. In addition, the Chevrolet Volt was a strong performer with sales improving more than 200 percent year-over-year. The Volt, popular for its longer driving range, has outsold the Nissan Leaf nearly 3-to-1 so far this year, even though it has a higher manufacturer’s suggested retail price (MSRP) and is not considered a “true” all-electric from a purists’ standpoint. The Honda CR-Z, Honda insight and Nissan Leaf all fell short of figures from just a year ago.

Full article: http://evworld.com/news.cfm?newsid=28372

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