Lux Research: despite cheap oil, niche plug-in vehicle sales will be resilient; conventional hybrids to be hardest hit
Green Car Congress
FEBRUARY 2, 2015
The current plunge in oil prices will likely negatively affect plug-in and hybrid vehicle sales in the short term; automakers such as BMW are already warning of lower sales of plug-in vehicles given the market context. Nonetheless, Lux says, the fact remains that consumers are influenced by gasoline prices when choosing what vehicle to buy.
Let's personalize your content