Higher gas prices may lead to increased usage of electric cars - when fuel prices go up, hybrid drivers turn more often to electricity. A 10% increase in fuel price leads to an increase in electric factor usage of about 1.5 percentage points.

Higher gas prices may lead to increased usage of electric cars - when fuel prices go up, hybrid drivers turn more often to electricity. A 10% increase in fuel price leads to an increase in electric factor usage of about 1.5 percentage points.