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By Danny King, Contributor


Gas-electric hybrids and plug-in electric vehicles may account for as much as 8 percent of new vehicle sales in the U.S. in 2013, up from about 2 percent last year, as the combination of rising oil prices, falling prices relative to hybrids' conventional counterparts and a broader network of plug-in charging sites pull more people away from gasoline-burning cars, according to a recent report on the next generation of autos.



Worldwide, hybrid-vehicle sales will surge to about 2 million units in 2013 from about 550,000 units last year, while rechargeable - or plug-in - battery-electric cars will account for about 350,000 sales, compared with less than 10,000 plug-in sales last year, according to the NextGen research unit of technology industry specialist ABI Research.


With domestic new vehicle sales slumping to about 13 million units last year and the U.S. accounting for about half of the hybrid vehicles sold worldwide, less than one in 40 new U.S. cars were hybrids or plug-ins last year.


"As the economy improves, the price of oil is going to go up, so it will be much more sensible to go battery-electric or hybrid," said Larry Fisher, research director for Oyster Bay, New York-based NextGen and project manager of the report.


"As hybrids and electric vehicles come into production in greater numbers, the cost premium will come down."


Whether the surge is already taking place is a question whose answer was blurred as new car sales to surged across the board in July and August, driven by the federal cash for clunker program, only to plunge last month when the incentives stopped.
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Tags: Hybrid, Plug-ins and Electric, EV, Plug In Hybrid Sales

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Plugs Everywhere: Hybrid, EV Sales to Triple Globally by 2013, Report Predicts was originally published by Green Car Advisor. Read the full story by clicking here.