Admittedly, a plug-in hybrid Ferrari or McLaren is rarely going to be thought-about inexpensive. Look away from the six-figure supercar phase, nevertheless, and you will typically discover PHEVs undercutting their all-electric counterparts.
Take, for instance, the brand new Kia Niro. If you need the fully-electric model, full with 253 miles of EPA vary, you are $39,550. The Kia Niro Plug-in Hybrid, in distinction, begins at $33,840. Admittedly, you solely get round 33 miles of electric-only vary, however after that time, the fuel engine kicks in for a complete of 510 miles of mixed driving.
Kia is a relative rarity, in providing each PHEV and fully-electric variations of the identical automotive. Nonetheless, the economies of scale of creating inside combustion engines, mixed with the still-high price of enormous battery packs, usually imply that plug-in hybrids are extra inexpensive than their EV counterparts in the identical class.