The Honda Clarity Plug-In Hybrid can travel 47 miles on electricity alone and will cost the ... average owner $ 650 for the player for $ 15,000 of miles per year. Honda North America
Automakers are betting strongly that the roads of the future will be populated with fully electric cars, ks stuff and SUVs. At the moment, however, their numbers remain relatively small, with potential buyersbeing wary of their higher purchase prices and limitations with regard to operating ranges and load availability.
The prudent middleman for those who want to both save money at the pump and reduce their carbon footprint is a plug-in hybrid vehicle (PHEV). Like standard hybrids, they use one or more electric motors to augment a gasoline engine, in the interests of both improved acceleration and fuel economy. But a PHEV goes even further by including a larger battery that allows the vehicle to run for an extended period of time on electric power alone. Once the battery is depleted, the vehicle continues to operate as an ordinary hybrid under a combination of gas and electricity.
Although their fully electric range on charge is much less than that of fully electric cars, PHEVs are efficient. eliminate the so-called “distance anxiety” of getting stuck next to the road with a dead battery. However, a PHEV should always be connected to the power grid overnight to allow its initial operation on a full power supply. This can be accomplished via a standard 110-volt outlet, although charging times are much faster if you have a 220-volt line installed in your garage.
PHEVs are most efficient when running on electricity alone, which is still a much cheaper source of energy than gasoline. The EPA rates this in terms of "MPGe," which is an equivalent miles per gallon based on a conversion factor of 33.705 kilowatt-hours of electricity consumed equivalent to one gallon of gasoline. The best performer in this regard is the Toyota Prius Prime, which is rated at 133 MPGe when running on electric power over its original range of 25 thousand.s.
As with electric vehicles, a PHEV is battery-only capacities vary from model to model. Some can only travel 17 or 18 miles in fully electric operation, which offers little cost benefit. At the other end of the curve, a few can cover more than 40 miles at a time on electricity, which for many motorists might be enough to affordably cover their daily commutes. One downside here is that, like with electric cars, the battery life of a PHEV tends to be affected by extreme temperatures and the use of accessories, especially air conditioning.
A big advantage of PHEVs over standard hybrid cars is that they remain eligible for a federal tax credit.eral single that ranges from $ 4,000 to $ 7,500, depending on the capacity of the battery used to power the vehicle. As the law currently stands, these credits are phased out for vehicles at the start of the second calendar quarter after the automaker has sold 200,000 qualifying fully electric and plug-in hybrid vehicles. So far, this only affects General Motors and Tesla vehicles, but none currently sell PHEV mo del. The Biden administration is working to expand this program, however, as part of its proposed infrastructure plan.
A few states sweeten the deal even further with their own tax rebates or credits, but they're generally lower than they're intended for fully electric models. For example, Massachusetts and Oregon give PHEV buyers a premium of $ 1,500, while it is $ 1,000 in Pennsylvania and Maine.
The tax credit aique (provided you can claim the full amount when you file your tax return) can often offset the additional cost of a PHEV. For example, a gas-only Chrysler Pacifica Limited minivan retails for $ 35,495, while the Touring plug-in hybrid model - which can run 32 miles on battery on a full charge - decals at $ 40,295. Factoring in the hybrid's $ 7,500 federal tax credit drops the price of the PHEV to $ 32,795, which equates to $ 2,700 in initial savings. boost sales. Using the Chrysler Pacifica as an example again, this month's buyers are eligible for up to $ 5,750 cash back (vs. $ 3,500 for the standard model) or zero percent financing. .
Beyond that, the profitability of a plug-in hybrid depends largely on its energy efficiency. According to the EPA, the cost of driving aPHEV of 15,000 combined city and highway kilometers per year at national average gas and electricity prices ranges from $ 600 to $ 1,650 with regular grade fuel, and from $ 1,300 to $ 2,150 for plug-ins requiring a premium. . By comparison, the EPA says the average 2021 vehicle costs $ 1,500 to travel the same distance using regular fuel and $ 1,950 with a premium.
Getting back to the Chrysler Pacifica, the EPA says it will cost the average owner $ 1,850 per year to drive the standard V6 model for 15,000 miles, while it is estimated at $ 1,000 for the PHEV. This represents an additional savings of $ 4,250 over a five-year ownership period.
The annual EPA operating costs quoted below are based on the national average gas price of $ 2.72 per gallon for the regular grade ($ 3.47 for the premium) and electricity at $ 0.12 per kilowatt hour (kWh). Your costs will vary in fanointing of local gas prices and electricity tariffs. Fortunately, the EPA has a handy calculator on their website that allows you to estimate the cost of running a PHEV based on your state's average costs for gas and electricity, depending on the number of kilometers traveled.
We are the best ranked. Profitable plug-in hybrids for 2021 based on each vehicle's federal tax credit, range per battery charge, and estimated average annual operating costs.
The 10 most profitable plug-in hybrids for 2021
1. Honda Clarity PHEV
Type vehicle: Mid-size car | EV range: 47 miles | MPG-e: 110 | MPG-gas: 42 | Annual operating cost: $ 650 | Tax Credit: $ 7,500 | Base price: $ 33,400.
2. Toyota RAV4 Prime
Type of vehicle: compact SUV | EV range: 42 miles | MPG-e: 94 |MPG-gas: 38 | Annual operating cost: $ 750 | Tax Credit: $ 7,500 | Base price: $ 38,100.
3. Ford Escape PHEV
Type of vehicle: compact SUV | EV range: 37 miles | MPG-e: 102 | MPG-gas: 41 | Annual operating cost: $ 750 | Tax Credit: $ 6,843 | Base price: $ 32,650.
4. Chrysler Pacifica PHEV
Type of vehicle: Minivan | EV range: 37 miles | MPG-e: 82 | MPG-gas: 30 | Annual operating cost: $ 950 | Tax Credit: $ 7,500 | Base price: $ 40,295.
5. Hyundai Ioniq PHEV
Type of vehicle: Compact car | EV range: 29 miles | MPG-e: 119 | MPG-gas: 52 | Annual operating cost: $ 650 | Tax Credit: $ 4,543 | Base price: $ 26,700.
6. Toyota Prius Prime
Type of vehicle: Mid-size car | EV range: 25 miles | MPG-e: 133 | MPG-gas: 54 | Annual operating cost: $ 600 | Tax credit: 4,502$ | Base price: $ 28,220.
7. Kia Niro PHEV
Type of vehicle: subcompact SUV | E Range V: 26 miles | MPG-e: 105 | MPG-gas: 46 | Annual operating cost: $ 700 | Tax Credit: $ 4,543 | Base price: $ 29,590.
8. Lincoln Corsair Reserve Grand Touring PHEV
Vehicle type: Compact luxury SUV | EV range: 28 miles | MPG-e: 78 | MPG-gas: 33 | Annual operating cost: $ 900 | Tax Credit: $ 6,843 | Base price: $ 50,230.
9. Audi A7 55 TFSI e quattro
Vehicle type: Mid-size luxury car | EV range: 34 miles | MPG-e: 68 | MPG-gas (premium): 29 | Annual operating cost: $ 1,300 | Tax credit | $ 6,172 | Base price: $ 74,900.
10. BMW X5 xDrive45e
Vehicle type: Mid-size luxury SUV | EV range: 31 miles | MPG-e: 50 | MPG-gas (premium): 20 | Annual operating cost $ 1,700 | Tax credit: 7$ 500 | Base price: $ 65,400.