Situation:
Declining gas prices have stalled Green Car Sales
75% of Hybrid Trade-ins went home with all gas car
Drivers consume nearly 10 M barrels of a gas every day
Significance:
Hybrids save people about $400 a year in fuel costs
As regulators demand more efficient vehicles, gas vehicles will decline
Gas or Carbon tax may be answer but electric must create more value
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The Article
Auto Fuel Emits 16% of Green House Gases: Yet Electrics & Hybrids are only 3% of Car Sales appeared first on Automotive Digest.