Hybrid Cars Essay

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These cars operate from a rechargeable battery and gasoline. The engines are smaller so that they will be able to accommodate the 99% of time when the car is not going uphill or accelerating quickly. The battery is used to give extra acceleration power if needed. When the car is stopped, hybrid gasoline motors can shut off and run off their electric motor and battery. These cars are aerodynamic and the tires are often stiffer and inflated higher to reduce dragging. According to a November 16, 2004 article written in the parents magazine, hybrid cars are no different from the gas powered car. It can accelerate just as quickly and travel just as fast on the highway and they are just as safe to drive. When the car comes to a complete stop,…show more content…
For instance, if the price of gasoline continue to increase, the hybrid car would be considered as price inelastic because although the price of the hybrid car may increase somewhat, the consumer will be able to save money on gas. On the other hand, if the prices of gas are stabilized, the hybrid car will be considered as price elastic because if the price of the hybrid cars are on the rise and a conventional car costs less, the consumer will go with the conventional car. The issues that could affect the demand for hybrid cars would be if the price of gasoline could be stabilized at a good price and the price of the hybrid was more expensive or cost the same as the conventional cars. The consumer would have to decide whether to purchase a conventional car in which they would have a much bigger selection or to purchase the hybrid car which has a much smaller selection to choose from. In this type of scenario, it would just depend on the consumer's preference. Some strategies that could be used enhance revenue would be to make prices more competitive, offer a bigger selection of vehicles and enhance advertising strategy. Makers of the hybrid cars need to evaluate the prices of other cars that are comparable and base its prices upon those results. Also, creating a bigger selection of hybrids to choose from would also be a plus. Therefore, if there is a big selection of these cars,

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