Posts tagged as: insight

Will hybrid and electric vehicles be the answer to high oil prices? – Part 1

The oil prices are skyrocketing and it is expected that in the not-so-far future the price might touch $5 per barrel. With beefed up prices of the black gold, among countless commodities that will taste the inflation, car commute is going to receive harshest blow. Although the automotive industry has produced a number of solutions […]

Will hybrid and electric vehicles be the answer to high oil prices? – Part 2

Moreover, the economy of scale is another problem, in terms of production and sales. Due to the lack of demand of such automobiles in the market, the automakers cannot produce the equipment on larger scale. Low sales also result in higher costs of such cars, let alone SUVs and crossovers. The payback period of these […]

Will hybrid and electric vehicles be the answer to high oil prices? – Part 3

The most economic cars that have shortest payback period are Honda Insight and Ford Fusion Hybrid. The Insight registers one of the steepest declines compared with a comparably equipped gas-powered Honda Fit by dropping the payback period to just three years at $5 per gallon, down from six years at $3 per gallon. Likewise, of […]

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