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Think EVs Are Expensive? Check the Cost of the Average a Plug-In Hybrid

Think EVs Are Expensive? Check the Cost of the Average a Plug-In Hybrid

As the growth of EV sales has slowed in recent months, automakers have begun looking at electrified alternatives, many betting that plug-in hybrids will become a “bridge” technology for motorists not quite ready to commit to an EV. But if you think battery-electric vehicles are expensive you may be shocked by what the typical PHEV costs – an average of more than $60,000. Then again, there are a few surprisingly affordable one.

August Brought Unexpectedly Strong Auto Sales – Boosted by EVs

August Brought Unexpectedly Strong Auto Sales – Boosted by EVs

Solid sales gains in August point to a robust finish for the year as fear of a recessions in the auto business recede, interest rate cut looms on the horizon, and buyers take a closer look at hybrids and newer EVs. Sales of new cars and trucks continued to gain...