Tony Karrer Delicious EVdriven
APRIL 21, 2009
At these prices, people are buying the "environmental feature" -- they want to be among the first owners of the worlds cleanest extended-range vehicles. They are early adopters, buying "Version 1.0" Conversions are mostly for the Prius, with a few for the Ford Escape/Mercury Mariner hybrid SUVs.
Tony Karrer Delicious EVdriven
APRIL 21, 2009
Despite this, a 2003 EPRI study , assuming only $2/gallon gas , zero buying incentives, and a PHEV premium of $3-$5,000 more than standard hybrids, shows that the total lifetime cost of ownership for a PHEV will be lower than that of any other vehicle type -- so the payback will be there. Power and Associates 2004 report ].
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