J.D. Power sees hybrid and EV share below 10% of US market through 2016 despite rising fuel prices
Green Car Congress
APRIL 27, 2011
For example, 75% of consumers who indicate they would consider a hybrid electric vehicle cite lower fuel costs as a main benefit. In contrast, 50% cite “better for the environment” as a main benefit of these vehicles. At the end of 2010, tax credits from the Energy Policy Act of 2005 were phased out.
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