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CalCars and PHEVs Frequently Asked Questions

Tony Karrer Delicious EVdriven

Power and Associates 2004 report ]. 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.

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