by Admin | Aug 20, 2024 | Electric Cars
“Is my car electric or gasoline? Yes.”
Interestingly, hybrid vehicle growth is outpacing that of purely electric vehicles.
In the U.S., hybrid sales increased by 2.8 percentage points, making up 8.3% of all car sales in 2023. That’s about 1.2 million hybrid vehicles sold.
Have people decided to save the planet one Prius at a time? Why are they opting for a middle ground between fully electric and traditional gasoline cars?
Perhaps the answer is psychological.
Comfort with Familiarity
Humans are inherently creatures of habit, often gravitating towards the familiar.
You can say that it’s this preference for familiarity that is playing a role in the huge appeal of hybrids. Why?
Hybrids provide a bridge between the known and the new.
For many drivers, the idea of transitioning entirely to an EV—with its distinct operational differences and new requirements, such as finding charging stations—can be daunting.
Perhaps hybrids offer a sense of continuity. Drivers can experience the benefits of electric power while maintaining the familiarity of a conventional engine – not wandering too much into the dark forest!
This blend of old and new helps reduce anxiety associated with drastic change. For example, starting a hybrid car involves familiar sounds and sensations, unlike the silent start of an EV, which can feel alien to some.
This familiarity provides psychological comfort, making the transition to electric power less intimidating and more appealing.
Control and Independence
The need for control and independence is another significant psychological factor influencing the preference for hybrids. Fully electric vehicles often require reliance on public charging infrastructure, which can be seen as a loss of control and independence.
The fear of being stranded without a nearby charging station—known as range anxiety—is a common concern among potential EV buyers.
Hybrids address this concern by offering dual power sources. The presence of a traditional engine alongside the electric battery provides a safety net.
It’s this duality that gives drivers a greater sense of control over their travel plans, reducing anxiety and enhancing their sense of independence.
Ford Motors and Stellantis are among the automakers already shifting their plans to sell more PHEVs instead of EVs. So, does it mean the future is hybrid?
by Admin | Jun 5, 2024 | Electric Cars
Sustainability is all about reducing consumption and only buying what you truly need.
So, when it comes to cars, does that mean you should hold onto your trusty old gas car rather than upgrading to an electric vehicle (EV)? In many cases, the answer may be yes.
The Case for Keeping Your Old Car
If your current vehicle is already getting great fuel economy and you don’t drive it very often, the greenest choice may be to simply hang onto it for a few more years. Why change something when it’s already working well?
All your car needs is some TLC. Simply keep up with the maintenance schedules and maintain good driving habits.
The Environmental Impact of Manufacturing
One common misconception is that electric cars are automatically better for the environment. While it’s true that EVs produce zero direct emissions during driving, the manufacturing process does come with a significant environmental impact. The mining of rare minerals for EV batteries, in particular, can be resource-intensive and disruptive.
Some environmental experts say that this upfront impact is eventually offset by the emissions savings from driving an electric car – after around 13,000 miles of driving according to engineers.
So, critically, how long would it take to clock those miles before you can say you’re now contributing to green commuting?
Affordability Concerns
For many consumers, the price tag of an electric car can be a major deterrent. While costs are coming down and incentives are becoming more widely available, a new or even used EV may still be out of reach. Keeping your old, paid-off car can be the more budget-friendly option.
The wise thing to do is prioritize your needs over your wants when purchasing an EV. So, if your small or midsize SUV will get the job done, it doesn’t make any sense to indulge in the extra space.
by Admin | Nov 20, 2023 | Electric Cars
Electric vehicles (EVs) have been hogging the spotlight lately, from the sleek Tesla Model 3 to the mighty Ford F-150 Lightning.
But here’s the twist – not everyone’s rushing to jump aboard the electric train. Instead, they’re making a pit stop at the hybrid station. But why is this happening?
EV Sticker Shock
The average price tag of a brand-new electric vehicle is a hefty $53,469, according to Cox Automotive. That’s not exactly pocket change for most folks.
Add to the mix the ever-present fear of running out of juice and the not-so-widespread charging infrastructure across the U.S., and you’ve got yourself a recipe for second thoughts about going fully electric. The fear of the EV battery going empty has become the new epidemic, affecting the young and old.
So, what’s the deal? Well, as Bloomberg reports, folks aren’t waving goodbye to their trusty gas-guzzlers and leaping into EVs just yet. Instead, they’re cozying up to hybrids – those nifty vehicles that blend electric power with good old gasoline. According to analysts at GlobalData, hybrid car sales have more than doubled in the United States since 2020.
So, Why the Hybrid Hype?
Now, you might wonder, “Why hybrids when they still thirst for gas?” It’s a fair question. But picture this: popular hybrids like the Toyota Prius can sip gasoline so frugally that they can hit up to a jaw-dropping 57 miles per gallon in city and highway combined driving. For folks used to the convenience of gas stations on every corner, that’s a game-changer.
But here’s the thing, major shifts in the automotive world don’t happen overnight. As Jeff Schuster, the automotive executive vice president at GlobalData, puts it, the auto industry doesn’t work like a magic wand. Hybrids are the stepping stone, the way the masses can start tiptoeing toward fully electric vehicles.
The Giants Take Notice
Big-name automakers are catching on to this trend. Take Ford, for example. They’ve been pumping billions into electric vehicles but are also giving hybrids some love. They’re ramping up hybrid F-150 production and slashing prices to compete with their gas-powered siblings. Even Ford’s CEO, Jim Farley, expressed surprise at hybrids’ growing popularity.
On the other side of the spectrum, Toyota isn’t just diving headfirst into EVs. They believe in giving buyers choices. After all, they’ve spent over $50 billion on EVs but still see a place for hybrids and other powertrains. As former chairman Akio Toyoda once put it, Toyota is like a department store offering a variety of options, and they won’t tell you what to buy.
by Admin | Oct 20, 2023 | Electric Cars, Uncategorized
In recent years, the sustainability movement has been gaining traction, perhaps due to growing awareness of the contribution of human activity to the increasing environmental degradation.
The Electric Vehicle (EV) tax credit is Uncle Sam’s attempt at jumpstarting the electric vehicle revolution. A federal tax credit provides a financial incentive for individuals who purchase an electric vehicle. Here’s what you need to know about the EV tax credit for 2023.
How the EV Tax Credit Works
The EV tax credit is a dollar-for-dollar reduction in the amount of federal income tax owed by the taxpayer. If the amount of the credit exceeds the taxpayer’s tax liability, the excess credit can be carried forward to future tax years. The amount of the credit depends on the battery capacity of the electric vehicle and the taxpayer’s income.
Qualifying for the EV Tax Credit
To qualify for the EV tax credit, the electric vehicle you choose must meet certain requirements. The vehicle must be new or used, and it must be purchased or leased by you as the taxpayer. In addition, the EV must also meet certain battery capacity requirements.
If the vehicle was purchased and delivered before April 18, 2023, the critical minerals and battery sourcing requirements do not apply. Instead, the credit amount is calculated as $2,500 if the battery has at least a 7-kilowatt-hour capacity, plus up to $5,000 for additional kilowatt hours above the base requirement of 7-kilowatt hours.
EV Tax Credit Amounts
The amount of the EV tax credit depends on the battery capacity of the electric vehicle and your income. As of 2023, the maximum tax credit is $7,500 for new electric vehicles and $4,000 for used electric vehicles.
The credit amount is reduced for taxpayers with higher incomes. The credit begins to phase out for taxpayers with incomes above $150,000 for joint filers, $112,500 for a head of household, or $75,000 for an individual.
Which Electric Vehicles Qualify for the EV Tax Credit?
Keep in mind that not all electric vehicles qualify for the EV tax credit. Your vehicle must meet certain battery capacity requirements and must be manufactured by a qualifying manufacturer (in North America). The IRS maintains a list of qualifying electric vehicles on its website. The list includes both new and used electric vehicles.
by Admin | Nov 5, 2022 | Electric Cars, Prius
The four-door Toyota Prius hatchback scores top marks as the best delivery vehicle in the US. Delivery drivers get cargo space and fuel efficiency – the best of both worlds.
This fuel efficient four cyl 1.8 L sedan is not only built to last forever (almost), but it also has plenty of cargo space for all your needs. This fuel efficient four cyl 1.8 L sedan is not only built to last forever (almost), but it also has plenty of cargo space for all your needs. Plus, with Toyota charging stations becoming increasingly widespread, you don’t have to worry about losing a charge on the road.
However, some owners have reported that their Prius’ have been consuming excessive amounts of oil, especially the 2010 and 2011 models.
Toyota Prius Oil Issues
If you own a Toyota Prius, you must be aware of the excessive oil consumption issue and have your car checked by a pro mechanic – if you suspect a problem. Excessive oil consumption can lead to engine damage – it is vital to catch the problem early and fix it.
The most common root of the issue is a faulty timing cover gasket. Sometimes, a replacement of the gasket does the magic. However, there are reports of Prius owners that had to overhaul the whole engine because of the issue – quite unfortunate!
Toyota had a past recall for the 2010 and 2011 models affected by this issue, so the newer models are possibly clear of the problem.
If you have these model years, contact A1 Performance Auto repair to schedule a free repair. In the interim, here are a couple of tips to conserve oil if your Prius is affected by this issue:
- Check the level of the oil often and top up as needed
- Avoid short trips and idling whenever possible
- Drive at moderate speeds and avoid sudden acceleration or braking
Following these tips can help minimize the amount of oil your Prius consumes until we check it out. If you have any concerns about your Prius, contact us at A1 Performance Auto Repair.
by Admin | Mar 4, 2021 | Electric Cars
Apparently, electric vehicles are the future, and the transition has already begun. The US Federal Government is incentivizing the move to electric to encourage more people to abandon fossil fuel-powered autos. This is in a bid to reduce greenhouse gases. But are all-electric vehicles eligible?
Eligibility for Electric Vehicle Federal Tax Credits
Eligibility is only for all-electric and plug-in hybrids bought in or after 2010. While the small neighborhood electric vehicles do not qualify for these federal credits, they can still benefit from others.
The credit is up to $7,500, and the amount you will get depends on the battery capacity. But will it affect other incentives? The good news is the federal tax credits will not affect your eligibility for the state or other local e-vehicle incentives.
Other requirements involve certification by the manufacturer. For example, the electric car must be produced by a manufacturer and not converted to electric. It must be treated as a motor vehicle according to the Clean Air Act, and the gross vehicle weight rating (GVWR) does not exceed 14,000 lbs.
But that’s not all. The electric motor should draw power from a battery of not less than four kWh and must be doing the most to propel the vehicle. The vehicle must be new, must be used in the United States, and the original use starts with the taxpayer. It should not be for resale and should be placed in service in or after the 2010 calendar year.
How Do You Claim the Credit?
You fill this form for an eligible plug-in electric vehicle to get the credit. If the electric motor vehicle is for personal use, fill out the credit form here in the appropriate line of the individual tax return.
You can utilize the credit for alternative minimum tax for vehicles purchased in 2010 or after. But if the vehicle is for business use, complete the form for the General Business Credit.
