TOP 10 HYBRID MYTHS # 5

MYTH # 5

5. Hybrids are expensive.

Hybrids are currently available in 15 different models ranging in price from $22,000 to $103,000. The most efficient model —the Toyota Prius—are available well below $30,000. By the end of the decade, more than 50 models are expected. By that point, hybrids will represent the full range of sizes, shapes, and costs.

Rechargeable batteries, electric motors, and sophisticated computer controls do add to the cost of producing a hybrid car. However, as production numbers increase, economies of scale are expected to reduce those costs. Toyota plans to offer hybrid versions of all its most popular models and thus cut in half the incremental cost of hybrids.

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