# Will Toyota Planned New PHEV Undercut EV sales? **URL:** \ **Category:** Macro Economic Trends and Risks\ **Created:** [April 10, 2023, 3:53pm UTC](https://discussion.fool.com/t/will-toyota-planned-new-phev-undercut-ev-sales/91154 "2023-04-10T15:53:07Z")\ **Posts on this page:** 5\ **Page:** 1
**Author:** ![tjscott0](https://sea2.discourse-cdn.com/motleyfoolfree/user_avatar/discussion.fool.com/tjscott0/32/1083_2.png) [@tjscott0](https://discussion.fool.com/u/tjscott0)\ **Post date:** [April 10, 2023, 3:53pm UTC](https://discussion.fool.com/t/will-toyota-planned-new-phev-undercut-ev-sales/91154/1 "2023-04-10T15:53:07Z")
124 mile initial electric range! Well that would likely cover 98% of a driver’s needs. Plus they would not have charger anxiety on a long trip. > **[Toyota Planning Plug-In Hybrid Vehicles With Over 124 Miles Of Electric Range](https://www.motor1.com/news/661266/toyota-phev-124-mile-electric-range/)** > > Toyota wants to reposition PHEVs as the "practical BEV" by boosting the electric-only range to more than 124 miles (200 kilometers). ---
**Author:** ![bjurasz](https://sea2.discourse-cdn.com/motleyfoolfree/user_avatar/discussion.fool.com/bjurasz/32/7233_2.png) [@bjurasz](https://discussion.fool.com/u/bjurasz)\ **Post date:** [April 10, 2023, 5:00pm UTC](https://discussion.fool.com/t/will-toyota-planned-new-phev-undercut-ev-sales/91154/2 "2023-04-10T17:00:57Z")
My wife likes the PHEV idea specifically due to range anxiety on long trips - just kick in the gas motor and go. I don’t like it because it increases complexity and I still have all the gas-engine maintenance issues that I’ve begun to despise. ---
**Author:** ![Hawkwin](https://g.foolcdn.com/misc-assets/discourse-member-avatar_120px_green600.png) [@Hawkwin](https://discussion.fool.com/u/Hawkwin)\ **Post date:** [April 10, 2023, 7:06pm UTC](https://discussion.fool.com/t/will-toyota-planned-new-phev-undercut-ev-sales/91154/3 "2023-04-10T19:06:01Z")
While may undercut sales, it also will fill a major niche market both for those that have range anxiety and those that do not typically drive long distances. I’ve long argued that most PHEVs get the ratio wrong; that in most cases, they are gas engines first with tiny electric motors and it should be the other way around. ---
**Author:** ![mschmit](https://sea2.discourse-cdn.com/motleyfoolfree/user_avatar/discussion.fool.com/mschmit/32/1404_2.png) [@mschmit](https://discussion.fool.com/u/mschmit)\ **Post date:** [April 10, 2023, 7:19pm UTC](https://discussion.fool.com/t/will-toyota-planned-new-phev-undercut-ev-sales/91154/4 "2023-04-10T19:19:05Z")
> [@tjscott0](#): > > Well that would likely cover 98% of a driver’s needs. And 98% of the time you are carrying around a gas engine you don’t actually need at the moment. It is a difficult balance to get right. Because if you have a 250 or 300 or more mile range on your battery you are carrying around a lot of battery range you don’t need either. I can’t see how 124 miles is that much better than 62 miles, half the size. You still have to worry and pay for the maintenance on the gas engine. I was one of the very first to get a Prius plug-in hybrid back in 2012. About 65% of the miles, to date, were on electric with a max battery only range of ~14 miles. Mike ---
**Author:** ![ItsGoingUp](https://sea2.discourse-cdn.com/motleyfoolfree/user_avatar/discussion.fool.com/itsgoingup/32/3596_2.png) [@ItsGoingUp](https://discussion.fool.com/u/ItsGoingUp)\ **Post date:** [April 10, 2023, 8:29pm UTC](https://discussion.fool.com/t/will-toyota-planned-new-phev-undercut-ev-sales/91154/5 "2023-04-10T20:29:28Z")
> [@tjscott0](#): > > Plus they would not have charger anxiety on a long trip. Catering to people’s fears engendered by misinformation just encourages more misinformation and more fear. Not a good idea. -IGU-