By Alvin Alexander. Last updated: April 22, 2015
Just saw this in my inbox from Seeking Alpha: a) 22% of hybrid and electric car owners making a trade-in this year opted to go for a SUV, according to data from Edmunds.com; b) the mark stood at 18.8% a year ago and 11.9% three years ago; c) the rate at which hybrid and EV car owners bought another green car fell below 50%; d) Edmunds.com connects the dots to conclude that the level of gas prices in the U.S. was a primary factor in the trade-in trend; e) the break-even point for higher-priced EVs lengthens as gas prices fall; f) automobile industry analysts think the trend could snap back just as quick with an energy market shock.
