Plug In Hybrids Are Here But Buyers Aren’t Yet Convinced
Why are Plug-In Hybrid Electric Vehicles (PHEVs) struggling to win over buyers? While they offer a promising middle ground between gas and fully electric cars, many American buyers aren’t convinced. With concerns about electric range and high prices, more consumers are opting for regular hybrids or fully electric vehicles (EVs) instead. A recent J.D. Power study shows that PHEV owners aren’t as satisfied as EV drivers, further impacting their popularity. In Europe, PHEVs are faring a bit better, but still lag behind hybrids and EVs. Discover the challenges facing PHEVs in today’s market.
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