Apr 25, 2015 02:00 PM EDT
Report: Americans Are Trading their Hybrids and EVs for SUVs

Are low gas prices causing a temporary surge in the purchase of gas-guzzling SUVs?

According to a report by the automotive research team at Edmunds, the answer is likely yes.

Edmunds found that nearly one-fifth of hybrid and electric drivers traded their fuel-efficient cars in for sport-utility vehicles, up from 18.8 percent during the same period in 2014 and 12 percent in 2012. The trend is in line with the rebouding market share of SUVs, although Edmunds did not disclose which SUVs were the trade-in vehicles.

Gas prices are nearly $1 less per gallon across the nation this year, compared to the same time last year, according to GasBuddy. Plug-in hybrids, like the BMW i8 shown above, are growing in popularity among manufacturers' offerings, but are still selling in small numbers.

See Now: OnePlus 6: How Different Will It Be From OnePlus 5?

 PREVIOUS POST
NEXT POST 

EDITOR'S PICK    

Hyundai to Invest $16.1 Billion for EV Business; Sets Annual Sales Goal of 1.87M Electric Cars by 2030

World's Most Expensive and Most Heavily-optioned Porsche 928 GTS is Coming Home to the U.S.

Major Boost as Tesla Giga Berlin Facility in Final Phase of Approval Process; Delivery Event Set This Month

Audi Looking for e-tron Electric Vehicles to Spur Car Brand's Growth in India in 2022

Toyota Offers Free EV Charging to Owners of 2023 bZ4X After Partnership Agreement with EVgo

2022 Suzuki Baleno Finally Unveiled in India: What are the Specs and Features of this City Car?