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Plug-In Hybrids (or Plugin Hybrids)

Tony Karrer Delicious EVdriven

In some areas where wind and hydropower is wasted at night, the rate can be as low as 2-3 cents per kWh. This means the more maintenance-free electrical systems of PHEVs offset the initial higher cost of batteries. Thats 20-25 cents a gallon. Why Pay More for a PHEV?

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Tesla Q1 2024 Earnings Call Transcript: April 23, 2024

Teslarati

As people have seen the EV adoption rate globally is under pressure and a lot of other auto manufacturers are pulling back on EVs and pursuing plugin hybrids instead. That seems like it would be a waste not to use it. So to recap, in Q1, we navigated several unforeseen challenges as well as the ramp with the updated Model 3 in Fremont.

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