(USATODAY) — Owners of gas-electric hybrids and battery electric vehicles are less and less likely to trade for another one, according to data from auto buying and research site Edmunds.com. Even more surprising: they are increasingly likely to shift to SUVs.
The disenchantment with clean-air fuel savers appears to be the result mainly of relatively low fuel prices, though there also seems to be a decline in their being seen as “special.”
“For better or worse, it looks like many hybrid and EV owners are driven more by financial motives rather than a responsibility to the environment,” says Edmunds.com Director of Industry Analysis Jessica Caldwell. “Three years ago, when gas was at near-record highs, it was a lot easier to rationalize the price premiums on alternative fuel vehicles. But with today’s gas prices as low as they are, the math just doesn’t make a very compelling case.”
It’s a blow to the sentiment of Earth Day today, the 45th annual fete for the planet.
from PropagandaGuard https://propagandaguard.wordpress.com/2015/04/22/hybrid-electric-car-owners-shift-to-suvs/
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