Summary
- Plug-in hybrid vehicles (PHEVs) are becoming the new standard in vehicle manufacturing as major car brands are shifting towards offering PHEV models. They are often cheaper and have better gas mileage than regular cars.
- PHEVs offer stability during times of gas hikes, shortages, or blackouts. Owners can switch between electric and gas driving, providing peace of mind in situations where one fuel source is unavailable.
- Purchasing a PHEV is eligible for federal tax credits. Pre-owned PHEVs can qualify for up to $4,000 in tax credits and brand-new PHEVs can qualify for up to $7,500. These incentives make PHEVs an attractive option for buyers.
In a rapidly evolving automotive landscape, the shift towards electrification is undeniable. With a growing lineup of electric cars, trucks, and SUVs, the transition to electric vehicles (EVs) is steadily gaining momentum. While EVs currently represent a modest portion of annual sales, the automotive industry, alongside government initiatives, is setting ambitious goals for the future. By 2030, the aim is for half of all new vehicles sold to embrace an electric drivetrain.
However, it's important to recognize that electric vehicles may not be a one-size-fits-all solution for every driver. For those seeking a harmonious blend of electrification and conventional gasoline-powered convenience, the plug-in hybrid electric vehicle (PHEV) is a compelling choice.
Distinguishing itself from conventional hybrids, the PHEV takes electrification to the next level by incorporating a larger battery that can be charged from an external source. This innovative approach allows PHEVs to operate in a pure electric mode for extended distances, often up to 50 miles or more. The result is a versatile vehicle that seamlessly toggles between electricity and gasoline, making a solid case for why your next car should be a plug-in hybrid. In this article, we'll explore six compelling reasons why PHEVs represent the future of driving, offering an enticing combination of sustainability, flexibility, and performance.
Plug-In Hybrids Are The Future
- Most major car brands have begun shifting to plug-in hybrid models.
- These are often cheaper and have better gas mileage than regular cars.
Although you don't hear as much about them, plug-in hybrids are becoming the new standard of vehicle manufacturing throughout the US and the world. As governments and public opinion shift towards more sustainable driving and vehicle making, hybrid drivetrains have emerged as a perfect middle-ground. After all, a plug-in hybrid gives you electric AND gas driving. You can switch from emission driving to zero-emission with the click or tap of a button. Furthermore, plug-in hybrids (PHEVs) are often more reliable for long-distance travel and tend to be rated highly by the EPA for mileage.
We're also noticing a shift from major carmakers, offering nearly all models as plug-in hybrids. You might see your favorite lineup from Ford, Chevy, BMW, Volvo, Mazda, etc., now be offering plug-in hybrid drivetrains rather than fully gas-powered: it's already happening. On top of that, PHEVs are often cheaper than full EVs because of the cost to produce them. This trickles down to the dealership lot and to you, the consumer, which is nice. Plug-in vehicles are quickly rising to the top of many drivers' wish lists, and for a good reason.
You Don't Have To Wait At A Charger When The Battery Dies
- Plug-in hybrids offer stability in times of gas hikes/shortages or blackouts.
- PHEV owners can drive on full-electric or gas whenever they prefer.
One of the greatest features of buying a plug-in hybrid is that you aren't forced to sit at a charger for 30+ minutes when the battery dies. Instead, your vehicle switches back to gas driving. That is the genius behind the concept, as most people don't want to sit for long periods at a charger or Supercharger. We've witnessed the new feeling of freedom PHEVs give drivers, which is one of the many reasons they're flying off the shelves.
According to experts, one other important factor to consider when shopping for a PHEV is that they'll still drive during a gas shortage or power outage. Because you rely on gas and electricity, you have that peace of mind when one goes out or becomes unattainable. Let's say there's a blackout where you live. With a plug-in hybrid, you can fill up at a gas station and be on your way.
The same could be said about a gas shortage or if prices skyrocket. You would rely on the 50 or so miles your PHEV can go per full charge. You've got options. With a normal hybrid, you can't choose to have a fully electric operation, which, to many, is not a good feature. PHEVs give us what we want, usually for an affordable short and long-term price.
Your PHEV Purchase Is Eligible For Tax Credits!
- Pre-owned PHEVs purchased after January 1, 2023, can qualify for up to $4,000 in tax credits.
- Brand-new PHEVs purchased after January 1, 2023, can qualify for up to $7,500 in federal tax credits.
Another HUGE bonus of shopping plug-in hybrids over regular hybrids or combustion vehicles is they'll qualify for tax credits under the federal government. If you purchase a pre-owned PHEV after January 1, 2023, you could be eligible for up to $4,000 in federal tax credits. The credit equals 30% percent of the sale price up to a maximum credit of $4,000. This is much like buying a fully electric vehicle, except you still have the peace of mind that comes along with a split system.
If you prefer to buy a brand-new PHEV, you could get up to a $7,500 federal income tax credit, which is a friendly nudge in the semi-electric direction. With all these incentives, it's hard to ignore the possibility of driving on a plug-in hybrid drivetrain. There are occasional deals for electric or plug-in models across dealerships, so keep an eye peeled for promotions.
Make sure to inquire with the dealer you shop through about federal tax credits. This information is subject to change per government actions. For now, however, these figures remain accurate.
Long-term benefits of PHEVs also tie into their appeal, with many saving thousands on maintenance and gas. The more you drive electric, the less time you burn gas (and money).
You Don't Need To Buy A Home Charging System With A Plug-In Hybrid
- You do not need to use a charging station at home; PHEVs adapt to standard outlets.
- Level 1 or Level 2 charging is fine for PHEVs.
The perks of driving a plug-in hybrid continue all the way to your garage or home. Unlike traditional EVs that require dedicated charging stations, your PHEV only needs a three-pin domestic socket or dedicated wallbox or visit public charging points for quicker charging speeds. For instance, your PHEV should work at a charging station if you are at work and need a quick charge. You have to plug it in for maybe 15 minutes, and you're back on the road!
At home, a Level 1 charger is perfect, only requiring 120 volts. This is when you would plug your vehicle into a standard wall outlet. For Level 2 charging (220 volts), you need to plug your PHEV into a stronger power source. Luckily, there are handy A/B switches that you can buy that plug into the clothes dryer's 240-volt outlet. You don't have to build out a section of your garage for a plug-in hybrid, making this a seamless transition for someone who may not have ever charged a car before.
After all, the idea behind the plug-in hybrid is to give drivers the freedom and choice between gas and electric, emission-free movement. You can choose whichever makes more sense for your daily commute. Charge your car in public at a station whenever possible, or find a dedicated outlet in the garage or nearby when you're at home. It's that easy!