NEW YORK – The latest and greatest of today’s automotive technology revolves around electric cars. With a wide selection of models ranging from compacts like the Tesla Model 3 to large pickup trucks like the Ford F-150 Lightning, there seems to be a model for everyone.
According to Cox Automotive, the average price of a new electric vehicle was sold for around $53,469, a price that is not entirely attractive to most buyers. Additionally, the presence of range anxiety and an underdeveloped charging infrastructure in the United States create conditions that do not make EV ownership a practical reality for many buyers.
Car buyers are willing to give up their gas-guzzlers for good, but as Bloomberg reports, they aren’t making the jump straight to fully-electric vehicles; they’re buying hybrids.
Data from analytics firm GlobalData shows that sales of hybrid cars — cars that combine the use of electric power with a gas powered engine, more than doubled in the United States since 2020.
Although hybrids are still gas-powered cars that still have to be filled up at gas stations, it is still a small, but mighty step in the right direction. Popular models like the compact Toyota Prius can get up to an EPA estimated 57 miles per gallon in combined city and highway driving.
For drivers who are accustomed to the luxury of having gas stations nearby, it can make a difference when it comes to spending at the pump. GlobalData automotive executive vice president Jeff Schuster told Bloomberg that the shift to mass adoption of electric vehicles; like many things in the automotive industry, does not happen overnight.
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