High Prices and Limited Range Keep U.S. Buyers Away from Electric Cars
Cars

High Prices and Limited Range Keep U.S. Buyers Away from Electric Cars



Reports of the death of the internal combustion engine have been greatly exaggerated. In 2011, hybrids and EVs like the Nissan Leaf and Chevy’s Volt made many headlines, though not always for the reasons the automakers would prefer.

The truth is that, despite all the publicity and the tax incentives, sales so far have been abysmal with Edmunds reporting that hybrids account for just 2.46 of the market and electric cars not even reaching one percent.

There are many reasons why new car buyers are not willing to shell out a lot of cash for zero-emissions vehicles. First of all, they are expensive and the gains from fuel costs come in the long-term, while the sticker price is immediately visible and clearly understood by everyone.

Read more »




- Toyota To Launch 21 New Hybrids And A New Fuel Cell Vehicle In The Next Three Years
When the first-generation Prius was launched in 1997, annual sales were negligible. Today, Toyota delivers more than one million hybrids annually and which account for 10 percent of its total global sales and 50 percent of the brand’s domestic...

- Car Prices Hit Record Highs In The U.s., Average Transaction Up 7% From Last Year
The U.S. auto market is gaining momentum after the recession which led to the bankruptcy of the General Motors and Chrysler groups, but so are median car prices. According to TrueCar.com, the average transaction price for new light vehicles in the States...

- Nissan Leaf Outsells Chevy Volt In Electric Car Battle During The First Half Of 2011
The battle for supremacy in the electric car category has begun –even though at present there are only two prime contestants. According to Bloomberg, the Nissan LEAF sold 3,875 cars the first half of the year, compared to 2,745 of GM’s...

- Chevrolet Prices 2011 Volt From $41,000, Or $33,500 After Tax Credits
General Motors has just put a price tag on the upcoming 2011 Chevrolet Volt. The plug-in compact hatch that's capable of driving 40 miles on a fully charged battery before a gasoline engine kicks in to produce electricity, will be priced at $41,000...

- 38 Hours Per Year For American Drivers
Ugly truth. I'm not sure who coined that phrase, but in some instances, it is so very very apt. Expensive truth. Hurtful truth. For this piece of news.... they all apply. On average, the American driver spent 38 hours sitting in traffic during their...



Cars








.