The problem with hybrid, electric and alternative fuel cars

Is gas efficiency at the top of everyone’s list when it comes to buying a car? It is becoming increasingly clear that for automakers, at least, higher fuel economy cars like hybrids and electric cars are a number one priority. This is further reflected at the most recent Detroit Auto Show a couple of weeks ago. The new hybrids and electric cars were revealed by the numbers. However, if consumers were greener-minded, in other words, the demand for green cars would not match the supply.

Hybrid sales do not reflect an audience that is willing to explore alternative gasoline cars just yet. As gas prices continue to decline, so do the sales of electric and hybrid cars. What are the projections for 2012? Some market research and consumer researchers predict that alternative fuel car sales will not increase significantly this year either. Since gasoline is so cheap and also a major consumer concern, there seems to be less demand or rush to buy hybrid vehicles. We looked at the sales figures for the Nissan Leaf as well as the Chevy Volt, and each fell short of expectations regarding the sales figures.

Another factor is large upfront costs, some cars require at least 10,000 more suggested retail price (MSRP) compared to conventional gasoline cars. Low incentive isn’t driving momentum. But it also doesn’t stop major automakers like Toyota, Honda and Ford from exploring alternative fuel vehicles. In fact, most concept vehicles featured alternative energy at the Detroit Auto Show. Perhaps this heralds an eventual change, but not soon.

In fact, new hybrid and pug models were introduced to electric, which is exciting and risky. However, it gives consumers a snapshot of what to expect in the future, and research indicates that sooner or later we will eventually achieve that total shift to alternative fuels. The technology is being produced as we speak; for example, Ford’s Eco Boost technology has increased gas mileage for conventional gasoline cars by about 38 to 40 miles per gallon. Truth be told, that’s not a big enough step, but the technology will improve in the years to come.

There are other challenges automakers face when it comes to producing an alternative fuel efficient car. With internal combustion engines desperately in need of an affordable and accessible alternative fuel solution, the only plausible solution at this point is electrification. It may not be the least expensive, but it sure shows promise.

Since there is so much speculation and confusion about electric or hybrid cars, we recommend to those interested in making the switch to lease or loan an electric car, even for a couple of weeks to see how you like it and if it would match your style. of life and particular interests. before buying. Hybrid or electric car loans are a great way to test the waters before you commit. With such a high starting price, you’ll be glad you tried it. When electrics and hybrids become the norm, you’ll understand and have a much better idea of ​​what works for you and what doesn’t.