Articles
Let You Know About These Things Before Going Ahead With Hybrid Replacement
by Alexis Sanford Autobacs Venture Singapore Pte Ltd.Do you want to adopt the advanced hybrid electric based technology for your existing car? Then you are not alone because almost 60% of the car consumers are today looking for alternatives to fuel based cars.
From many years the interest for electric cars has been widely increasing and quickly showing broader interest from the people with outpacing of the hybrid cars within the first year of their arrival in the market.
The design minded electric vehicles are dominating the industry
When we talk about hybrid car market in terms of automotive accessories the perfect combination of electric motors & internal combustion is showing better increment in overall sales of the new cars.
Recently it shows some downgrade due to the fact that hybrid cars generally cost around 20% more than that of vehicles of Standard engines and before incentives the cost for the EV’s can go 70% more.
There are some reasons why people are joining the race for green revolution with below factors:
Increment of gas price is the prime reason
If the gas price went low then there will be less demand of alternative fuel based cars because demand can marginally affects the development as well as availability of hybrids cars.
Hybrid car segment is a tough sector with gas prices are going low by keeping the eye on the cost of fuel. With the decrement in the production of oil, the price for the gas will rise. Consumer will see many shifts from petrol cars to gas powered cars on in other words if the price for the petrol goes low then hybrid cars will witness better growth.
The mileage math
Driving hybrid in a consistent manner with better care can actually save you a lot of money and it can be equivalent to the cost of fuel operated new car. Even if the gas price remains constant then switching from standard SUV to the hybrid hatchback car save you a lot of money over a period of 11 years on average for EV cars.
The cost of batteries
The mathematics is even more favourable in terms of EV’s vs. any typical car. The Hybrid Battery Replacement option can be considered for non off peak hours with nominal charges.
The battery is the main reason for the prices to go higher in case of hybrid cars. As per the analysis the hybrid battery replacement with lithium ion category can cost for around one third of the total cost of the vehicle. With better incremental improvements in the batteries more & more companies are now investing in the battery engineering. Electric vehicles are becoming the most affordable option and giving tough competition to many gas powered cars with powerful engine flush.Sponsor Ads
About Alexis Sanford 
Autobacs Venture Singapore Pte Ltd.
0 connections, 0 recommendations, 10 honor points.Joined APSense since, November 2nd, 2020, From singapore, Singapore.
Created on Jan 20th 2021 04:27. Viewed 196 times.
