31 Oct '12, 9am

Study: Hybrid cars the most cost effective alternative to petrol consumption

Study: Hybrid cars the most cost effective alternative to petrol consumption

Amid all the various new technologies and alternative fuels that have been thrust on the motoring world in recent years as alternatives to regular petrol (gasoline) powered vehicles, it appears that hybrid cars are still the most cost effective solution. Researchers from Carnegie Mellon University found that, under a wide range of scenarios, the most cost effective solution to petrol consumption is for drivers to switch to low capacity plug-in electric vehicles or petrol powered hybrid electric vehicles (such as the Toyota Prius , pictured). They compared the subsidy that would be necessary to achieve lifetime cost parity and found that the maximum cost per gallon saving for increased electric range is five-40 per cent less than the minimum cost per gallon saved when installing charging infrastructure. They also suggest that as battery prices decrease and resulting lifetim...

Full article: http://www.thegreencarwebsite.co.uk/blog/index.php/2012/1...

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