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November 21, 2009
Demand for Hybrid Cars
ChangeWave Study Uncovers Huge Demand for Hybrid Cars
August 12, 2004
By Bradley Berman
Hybrid Cars Newsletter
According to a new survey by the ChangeWave Alliance -— a group of 4,600 business, technology, and medical professionals involved with technological change -— the demand for hybrid cars is set to go through the roof in 2005. Their survey of 1,005 of their members yielded the following findings:
- Only 1% of their survey respondents currently own hybrids, but 27% report that they are either very likely or somewhat likely to buy one in the next two years.
- 59% of those likely to buy a hybrid plan to do so in the 13 – 24 month timeframe. This demand is likely to hit in late 2005 (for 2006 model year hybrids).
According to the report, recent increases in gas prices haven't affected driving trends, but 59% of respondents say that they will be much more or somewhat more sensitive to fuel economy when they purchase their next car. When asked why they plan to buy a hybrid, "Better Gas Mileage" got twice as many votes as "Better for the Environment."
