What’s Going On With Electric and Hybrid Cars?

Only a couple of decades ago electric cars were thought of as a futuristic idea rather than an imminent reality. Popular thinking was that only the wealthy would own an electric vehicle, but they would be out of reach for the average car owner.

Fast forward to 2016 and as of September, of this past year, more than 1.5 million electric (including hybrid) cars travel our roadways worldwide. They are becoming the norm.

Our local plumbers in Dayton Ohio drive a fleet of electrically charged vehicles. When asked about their long-term investment, the owner said it was already paying off. His annual fuel bill has practically disappeared, but the costs of his charging stations – of which he has two, are keeping his overhead high. He anticipates a break-even point within the first 6 years of doing business. With an average lifespan of 20 years per truck, they consider that a good pay off.

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