May 16, 2024

Candy_Red_Tesla_Model_3_trimmed_2Have you finally decided to switch from a gasoline-powered to a plug-in hybrid or electric car? Over the past few years, green cars have seen an increase in popularity as more people are realizing their numerous benefits. Each model year, car manufacturers have been increasing their offerings of cost-friendly and fun electric and plug-in hybrid cars. While buyers are clearly interested in the new vehicles, the new fuel efficacy regulations set under the leadership of President Obama have had a major impact in the industry. The rules have given automakers a basis for stepping up the production of less consumptive cars that can compete in cost with conventional gasoline-powered vehicles.

Additionally, consumers can save almost $8,000 in tax incentives, and probably a much higher figure from their state. The availability of such incentives has substantially lowered the costs involved in purchasing a plug-in hybrid or electric car. It means that it is extremely easy to opt out of gasoline and go for an electric car. A perfect case is Ford’s revamped C-Max Energi, a popular plug-in hybrid car with a range of about 500 miles and a 19-mile range when driving in a fully electric mode. This car’s retail price doesn’t exceed $28,000.

Not to be left behind, GM’s Chevrolet is also releasing several plug-in hybrids and electric vehicles that will be sold to consumers at reasonable prices. Chevy’s Spark electric has a range exceeding eighty miles per charge and its retail price is $19,000 dollars. The enthusiasts of the Chevrolet brand interested in a ride with more torque and engine power can settle for the Volt with a gasoline driving range of approximately 380 miles and 38 miles on all-electric driving. Its price tag has been estimated to not exceed $27,000.

Meanwhile, German car manufacturers continue to showcase their creativity in the electric vehicle sphere. The fully electric BMW i3 electric vehicle shoots from 0 to 60 within seven seconds, despite its not-so-attractive look. The fully electric i3 version retails for approximately $35,000 and its range is 81 miles per charge. However, owners have the option of adding a small-sized back up engine for an extra cost of $4,000, which would transform the car to a plug-in hybrid and give it a range of 150 miles. Let’s not forget Tesla’s Model 3 that is yet to be launched next year with its impressive range of 215 miles.

Hence, plug-in hybrid and electric cars are the future cars that should be embraced widely.

 

Electric Cars