A new study on the appeal of
Even consumers who want to save money on gas, says the survey, find the cost of hybrid cars prohibitive. Saving money proved a more popular reason to switch to a hybrid car than environmental concerns, the study found.
The study indicated that hybrid/plug-in cars will likely comprise under 10% of new car sales through 2016. Plug-ins are even less popular than hybrids; the study suggests that the limited driving range of such cars makes them less popular than hybrid cars.
The study was primarily based information from a 4,000-person survey of respondents that indicated they would be purchasing a vehicle in the next five years.
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