Gen Y'ers Prefer Hybrids Over Plug-In EVs

Deloitte survey cited to show that 18-30 year-olds are comfortable with notion of hybrids that burn gasoline, but not plug-in cars.

Published: 30-Jan-2012

The good news is that young consumers across the world are starting to favour fuel-conserving hybrid cars that run on both electricity and petrol. The bad news is that they are cold-shouldering purely electric vehicles (EVs) that do not have the capacity to switch between clean power and traditional fossil fuels.

Despite the appearance of some new EVs at the World Future Energy Summit in Abu Dhabi last week, such as the US-made T3 Motion three-wheel vehicle made for police forces and unveiled by the Abu Dhabi-based Dynamic Security, electric cars still have a long way to go before they seriously effect global fossil-fuel consumption.

But, according to Craig Giffi, the vice chairman of Deloitte, the international accountancy firm, young consumers in markets like China and the US could be the "generation that leads us away from traditional gasoline-powered vehicles".

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