28 Jul '15, 8pm

By 2025, Hybrids Could Be Priced Evenly With Non-Hybrids

By 2025, Hybrids Could Be Priced Evenly With Non-Hybrids

If hybrid vehicles continue improving at their current pace, a new study said manufacturing costs will “be cut in half before 2025,” positioning hybrids to compete directly with non-hybrids for sales. John German’s technical paper , published by The International Council on Clean Transportation, named advances through the learning process, increases in vehicle production and development of new technologies as some of the factors driving the lower hybrid manufacturing costs. Even beyond these costs, German said hybrids as a class are also becoming more refined. Better fuel efficiency, larger vehicle size and the addition of comfort features are some of the ways these vehicles have improved in the past 15 years. In his study, German often uses the Toyota Prius to illustrate these changes, a logical choice given the model’s long production history and sales domination in the ...

Full article: http://www.hybridcars.com/by-2025-hybrids-priced-evenly-w...

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