{"id":34534,"date":"2023-07-12T06:40:44","date_gmt":"2023-07-12T10:40:44","guid":{"rendered":"https:\/\/ifintechworld.com\/news\/the-electric-car-vs-plug-in-hybrid-debate-which-should-you-buy\/"},"modified":"2023-07-12T06:40:46","modified_gmt":"2023-07-12T10:40:46","slug":"the-electric-car-vs-plug-in-hybrid-debate-which-should-you-buy","status":"publish","type":"post","link":"https:\/\/ifintechworld.com\/?p=34534","title":{"rendered":"The electric car vs. plug-in hybrid debate: Which should you buy?"},"content":{"rendered":"<div id=\"js-article__body\" itemprop=\"articleBody\" data-sbid=\"WP-MKTW-0002256448\" role=\"document\">\n<p><strong>Electric cars vs. plug-in hybrids \u2014 what to know<\/strong><\/p>\n<ul class=\"articleList\">\n<li>\n      Fully electric vehicles rely on battery packs and use no gasoline.\u00a0EV drivers charge the battery at home or public charging stations.<\/p>\n<\/li>\n<li>\n      Plug-in hybrid vehicles\u00a0use battery power for driving shorter distances, often around 30 miles. When battery power depletes, a gas-powered engine takes over.<\/p>\n<\/li>\n<li>\n      Some buyers may be eligible for\u00a0federal tax credits\u00a0when purchasing either.<\/p>\n<\/li>\n<\/ul>\n<p>Suppose you are interested in buying a\u00a0new car\u00a0focusing on the latest fuel-efficient technology. Then you may be trying to choose between a\u00a0plug-in hybrid\u00a0electric vehicle (PHEV) vs. a battery-powered\u00a0electric vehicle\u00a0(EV or BEV).<\/p>\n<div class=\"paywall\">\n<p>Both types of cars include a cord that plugs into an electrical outlet for battery recharging. But there are also\u00a0hybrid electric vehicles\u00a0(HEV), which do not have a plug-in device. This article addresses only the plug-ins \u2014 PHEVs and EVs.<\/p>\n<p><strong>Learn more:<\/strong> What is EV, BEV, HEV, PHEV? Here\u2019s your guide to types of electric cars<\/p>\n<p>So, between a fully electric vehicle and a plug-in hybrid, which one is right for you? We have researched the benefits and drawbacks to answer the essential questions you have.<\/p>\n<h2><strong>PHEV vs. EV: What\u2019s the difference?<\/strong><\/h2>\n<p>Before we cover the benefits and drawbacks of\u00a0plug-in hybrid\u00a0cars versus electric cars, we must understand the vehicle types.<\/p>\n<p>Hybrid cars are powered by both gasoline and electricity. Most hybrids have a standard 12-volt battery like conventional gas-powered cars but also have higher-voltage battery packs. Those cells capture and redistribute energy as needed to help the vehicle burn less gas and achieve better fuel economy.<\/p>\n<p>Plug-in hybrid cars are exactly what their name suggests: They\u2019re hybrid cars that plug into an electrical outlet. Examples include the\u00a0Toyota<br \/>\n        TM,<br \/>\n        <bg-quote field=\"percentchange\" format=\"0,000.00%\" channel=\"\/zigman2\/quotes\/200537742\/composite\" class=\"negative\">-1.14%<\/bg-quote><br \/>\n       RAV4 Prime\u00a0and the\u00a0Ford<br \/>\n        F,<br \/>\n        <bg-quote field=\"percentchange\" format=\"0,000.00%\" channel=\"\/zigman2\/quotes\/208911460\/composite\" class=\"positive\">+1.06%<\/bg-quote><br \/>\n       Escape PHEV. Essentially, plug-in vehicles use two different powertrains, both of which can drive the wheels. An electric motor allows drivers to go a limited distance (anywhere between 16 and 50 miles, depending on the vehicle). When the battery that feeds the electric motor is drained of power, a gasoline-powered engine kicks in.<\/p>\n<p>On the other hand, electric vehicles are powered solely by electricity, meaning they don\u2019t use gasoline. Well-known electric cars include the\u00a0Kia<br \/>\n        000270,<br \/>\n        <bg-quote field=\"percentchange\" format=\"0,000.00%\" channel=\"\/zigman2\/quotes\/206019389\/delayed\" class=\"negative\">-0.11%<\/bg-quote><br \/>\n       EV6,\u00a0Ford Mustang Mach-E, and the\u00a0Tesla<br \/>\n        TSLA,<br \/>\n        <bg-quote field=\"percentchange\" format=\"0,000.00%\" channel=\"\/zigman2\/quotes\/203558040\/lastsale\" class=\"positive\">+0.07%<\/bg-quote><br \/>\n       Model S. Electric vehicles get their power from batteries, which feed an electric motor. The difference is that EVs have no backup engine to take over when the batteries run out of juice. Usually, they have more room for batteries since they don\u2019t have to make space for the gasoline engine. That means fully electric cars offer a more extended electric-only range than plug-in hybrids.<\/p>\n<p><strong>Read: <\/strong>The 2023 Subaru Solterra reviewed: Price, range and more for this new electric SUV<\/p>\n<h2><strong>Electric cars: pros and cons<\/strong><\/h2>\n<p>Electric vehicles offer several advantages over plug-in hybrids.<\/p>\n<p><strong>Electric car benefits<\/strong><\/p>\n<ul class=\"articleList\">\n<li>\n      The main attraction for some buyers is that\u00a0electric vehicles\u00a0benefit the environment more than plug-in hybrids. EVs don\u2019t use any gasoline at all. That\u2019s a big deal for shoppers looking to minimize their carbon footprint as much as possible.<\/p>\n<\/li>\n<li>\n      Electric vehicles may help drivers save more money than plug-in hybrids since they don\u2019t use gas. Most charging happens overnight at home, though EV owners usually need to\u00a0pay at public charging stations.<\/p>\n<\/li>\n<li>\n      Another positive thing about fully electric vehicles is that they are fun to drive. The popularity of Tesla models has a lot to do with their incredible acceleration. The 2023 base Model S Long Range touts a 0-60 mph time of 3.1 seconds. You will not understand the thrill of experiencing low-end torque like that until you drive one of these vehicles in complete silence.<\/p>\n<\/li>\n<\/ul>\n<p><strong>Electric car disadvantages<\/strong><\/p>\n<p>Of course, there are some drawbacks to EVs.<\/p>\n<ul class=\"articleList\">\n<li>\n      Electric cars cost more upfront than similar PHEV models.<\/p>\n<\/li>\n<li>\n      Another downside to all-electric cars is the range. Depending on the model, some plug-in hybrids can travel up to 60 miles on electric power plus 200 to 300 miles using gasoline. The fully electric 2023\u00a0Nissan Leaf\u00a0S<br \/>\n        7201,<br \/>\n        <bg-quote field=\"percentchange\" format=\"0,000.00%\" channel=\"\/zigman2\/quotes\/208298710\/delayed\" class=\"positive\">+0.35%<\/bg-quote><br \/>\n        can get about 150 miles on a single charge. The 2023\u00a0Chevrolet Bolt\u00a0gets 259 miles from a full battery. While the range of electric cars is sufficient for daily use for most drivers, a PHEV might be better for weekend getaways or long-distance road trips. However, the technology in electric car batteries continues to improve capacity and recharge times. Plus, the increasing availability of charging stations makes it easier for EV owners to travel away from home.<\/p>\n<\/li>\n<\/ul>\n<p><strong>Don\u2019t miss: <\/strong>The 2023 Rivian R1T electric pickup: What it\u2019s like to drive, pricing, range and more<\/p>\n<h2><strong>Plug-in hybrids: pros and cons<\/strong><\/h2>\n<p>Of course,\u00a0plug-in hybrid\u00a0cars also offer advantages and disadvantages.<\/p>\n<p><strong>PHEV pros<\/strong><\/p>\n<ul class=\"articleList\">\n<li>\n      The primary benefit of a PHEV is range. Electric vehicles can only travel as far as their batteries allow before needing a recharge. Plug-in hybrids also have a gasoline engine and an electric powertrain. The result is that plug-in drivers get the best of both worlds. They get electric-vehicle efficiency around town and traditional car range for longer trips.<\/p>\n<\/li>\n<li>\n      Also, the price of a plug-in hybrid is usually less than electric-only cars. However, the price of a regular hybrid vehicle is typically thousands less than the plug-in variety.<\/p>\n<\/li>\n<\/ul>\n<p><strong>You might like: <\/strong> The 10 best hybrid SUVs for 2023<\/p>\n<p><strong>PHEV cons<\/strong><\/p>\n<p>Regarding disadvantages, a plug-in has a limited \u201celectric-only\u201d range \u2014 up to just 60 miles in today\u2019s offerings, but as low as 16 miles. So, by buying a plug-in hybrid, you still have the operating cost of paying for gas, although much less than a gas-only vehicle. The cost can be a decisive factor in the fight between electric cars versus plug-in hybrids.<\/p>\n<p><strong>Read:<\/strong> Most car shoppers are looking for hybrids, not EVs<\/p>\n<h2><strong>Is there a tax credit for electric cars?<\/strong><\/h2>\n<p>If your primary purpose for buying a new car with a fuel-efficient focus is gas-pump savings and tax rebates, no problem. Both plug-in hybrids and electric cars will benefit you.\u00a0Federal tax credits\u00a0of up to $7,500 apply to eligible PHEVs and EVs, as do most state tax credits. Even states that allow alternative-fuel carpool-lane use tend to allow both plug-in hybrids and EVs to use with single occupants.<\/p>\n<p><strong>See: <\/strong>EV checklist: See which electric vehicles get a tax break on new list<\/p>\n<p>In other words, you can\u2019t go wrong when deciding between plug-in hybrids versus electric cars. You\u2019ll have to decide on the one that works best for your situation.<\/p>\n<p>Many buyers are taking the all-electric choice today, and the sales gap between EVs and hybrids and plug-in hybrids is shrinking. Two years ago, HEVs and PHEVs accounted for about 70% of electrified vehicle sales; EVs\u2019 portion was 30%. The split last year was approximately 55% and 45%, respectively, and analysts expect the difference to narrow in 2023 sales.<\/p>\n<p><em>This story originally ran on\u00a0<\/em><em>Autotrader.com.<\/em><\/p>\n<\/p><\/div>\n<\/div>\n<p>Read the full article <a href=\"https:\/\/www.marketwatch.com\/story\/the-electric-car-vs-plug-in-hybrid-debate-which-should-you-buy-ada0f9b5?mod=personal-finance\" target=\"_blank\" rel=\"noopener\">here<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Electric cars vs. plug-in hybrids \u2014 what to know Fully electric vehicles rely on battery packs and use no gasoline.\u00a0EV drivers charge the battery at home or public charging stations. Plug-in hybrid vehicles\u00a0use battery power for driving shorter distances, often around 30 miles. When battery power depletes, a gas-powered engine takes over. Some buyers may [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":34535,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"gallery","meta":{"footnotes":""},"categories":[236],"tags":[83],"class_list":["post-34534","post","type-post","status-publish","format-gallery","has-post-thumbnail","hentry","category-news","tag-featured","post_format-post-format-gallery"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v20.6 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>The electric car vs. plug-in hybrid debate: Which should you buy? | iFintechWorld<\/title>\n<meta name=\"description\" content=\"Electric cars vs. plug-in hybrids \u2014 what to know Fully electric vehicles rely on battery packs and use no gasoline.\u00a0EV drivers charge the battery at home\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/ifintechworld.com\/?p=34534\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"The electric car vs. plug-in hybrid debate: Which should you buy? 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