In March 2012, consumers purchased a record 52,000 gas-electric hybrids and all-electric cars compared to last year’s record of 34,000 in the same month.
According to the Ward’s AutoInfoBank, the above categories when combined together give 3.64% of the total U.S. Sales, which are the highest monthly market share. This data has broken the previous record of 3.56% because of following the Cash for Clunkers program.
Most buyers getting attracted towards new models such as Toyota Prius C sub impact, the Prius V wagon and Camry hybrid. As a result of fluctuating gas prices near or above $4 per gallon, more buyers are approaching showrooms.
A Denver Software engineer, David Martin said that he saves at least $150 per month on gas with his Chevrolet Volt.
He said: “As the cost of gasoline rises, my future savings can only increase.”
As a result of increasing demand for electric cars such as the Volt and the Nissan Leaf, makers can take a relief.
Image credit: Creative Commons/Mariordo