If many automakers have a version of a hybrid car – and if our oil resources are 1) precariously dependent upon unfriendly nations, and 2) severely limited and projected to run dry, perhaps in our lifetime – then I have one question:
Why are all new cars not being built with hybrid or electric engines – and the standard internal combustion engine rapidly going the way of the dinosaur?
I don’t get it, I truly don’t.
(I also believe that a hybrid SUV is an oxymoron and in a sane universe would implode, like a matter/antimatter reaction.)
I don’t believe that cost is an good-enough answer. Sure, a Toyota hybrid Camry costs considerably more than a standard. I strongly believe that a big part of that differential is charging what the market will bear, and the rest is volume disadvantage. If most new cars were hybrid, both of those issues would disappear.
(No, I’m not in favor of bailouts for the Big 3, businesses should succeed or fail on their own merits. The automakers are the ones who made poor business decisions, and failing to move fast enough into the hybrid/alternative market is one of them.)