Branch2 Intelligence
Will a plug-in hybrid car actually save you money? Sales are soaring but is it worth buying one?
Key takeaway
PHEV sales surge 41% but total cost of ownership often higher than petrol/diesel or full EV.
- Step 11st-order: PHEV sales surge 41% as buyers seek lower tax and perceived fuel savings.
- Step 22nd-order: Real-world fuel economy disappoints, increasing per-mile fuel cost for fleet operators.
- Step 33rd-order: SMEs with high-mileage fleets face higher TCO than expected, potentially delaying replacement cycles or shifting to full EVs.
Source: This is Money
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