Higher gas prices may lead to increased usage of electric cars - when fuel prices go up, hybrid drivers turn more often to electricity. A 10% increase in fuel p... (opens in new tab)
How do increased gas prices affect the usage of hybrid cars? A new article in the Journal of the Association of Environmental and Resource Economists studies how drivers of plug-in hybrid cars respond to fuel prices and finds that when the cost of gas goes up, so does electric charging, improving the environmental performance of hybrid vehicles.
Read the original article