Hyundai, Ford MotorF 1.46%increase; up pointing triangle and Jeep parent StellantisSTLA 1.28%increase; up pointing triangle are among the first U.S.-market automakers planning to roll out a new kind of plug-in vehicle called an extended-range EV. It is a fully electric car with the security blanket of a gas-powered generator to charge the battery, if needed—ensuring you won’t end up stranded as long as a gas station is nearby.
The United States is now an outlier. While China and Europe are slowly but surely replacing gas and diesel cars with much cleaner electric vehicles, shoppers in the U.S. are seeking refuge from rising fuel prices in what is probably the last iteration of a century-old technology.
Hybrid vehicles are rapidly gaining popularity, and even the old fact about owners never turning back after going fully electric is sitting on shaky ground. So what’s going on?
I asked experts what lies ahead for the American EV market, and it sounds like people will probably stick with what they know, as long as it helps them keep costs down.
