Car buyers will be influenced by various factors such as cost, driving range, charging infrastructure, and vehicle performance.
In general, EVs have a higher initial purchase price compared to HEVs due to the cost of the battery technology.
On average, EVs tend to have higher insurance costs than HEVs due to their higher purchase price and sometimes more expensive repair costs.
HEVs have better infrastructure than EVs is the widespread availability of charging stations. HEVs can refuel at conventional gas stations, which are abundant worldwide.
HEVs are better suited for cold climates compared to EVs due to their ability to leverage internal combustion engines for heat generation, more robust battery performance in extreme temperatures, and efficient regenerative braking systems.
Kind regards,
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| Open | High | Low | Value | Volume |
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| Price($) | Vol. | No. |
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