Post #2270 by albaby1 on the Macroeconomic Trends and Risks board

Personal Finance Topics / Macroeconomic Trends and Risks

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The world will turn to hybrids. I do not know why exactly. There are theories, but most people are just driving around town so batteries are not the main reason as claimed.

Not that hard to fathom. Most trips by most people are short-ish trips. But if you're buying your own car, you need it to be able to handle every trip. Which means people get uncomfortable if it will be difficult to take the longest trip (or longest series of trips) that they'll take. But big batteries are expensive; HEV's and PHEV's have smaller batteries, which are cheaper, so they get you a lot of the economic savings of running on electrons for your daily trips without the expense of being able to power your longest trip.

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