Hybrids can make sense to the folks that lease new vehicles every few years. For buy-and-hold folks, they’ll never make sense. And the used car market won’t be there for cars 8 or so years old or older.
Plug in electrics will never be more than a niche item.
China BYD has a Toyota Camry sized hybrid that just demonstrated 108mpg and it is $13,000 in China. It also has the most advanced and efficient gasoline engine in production anywhere at any price. It’s a plug in hybrid as well goes 50 miles on a charge then 1300 more on 17 gallons of gasoline. The pack in it is the LFP blade pack which cannot burn it has been shown live video to have a steel spike completely through it and it just sits there. We will never see it here because of the UAW goons. You couldn’t keep a $13,000 full sized sedan let alone one that gets over 100mpg in the city while only needing it’s engine after 50 miles of travel which for Americans covers 99% of all trips per the DOT. I have links to the real world testing of that car in China in a city of 7 million so not on a track but in real world traffic over 100km year run. Impressive tech to say the least.
Plug in electrics will never be more than a niche item.“
If left to just market forces that is true but the rats are committed to regulating ICE cars off the roads.
The next big thing will be hydrogen. Musk is already into it.