Study: Electric cars, hybrids too expensive for most
Despite rising prices at the pump, many consumers are still reluctant to purchase vehicles with alternative power trains because of cost and misunderstandings about the new technologies available.
That's according to the J.D. Power and Associates "2011 U.S. Green Automotive Study," whose primary findings were released today.
The J.D. Power and Associates study was conducted in February and included interviews with over 4,000 U.S. consumers planning to buy a new vehicle within one to five years. It estimates that alternative vehicles will make up less than 10 percent of the market by … Read more