A 40 mile PHEV covers average travel in EV mode range. You get 4 effective EVs for the battery of a short range (~200 mile) full EV with a substantially cheaper price.
Four PHEVs that draws down its batteries every day is far better than a single BEV that leaves most of its range untapped, given that batteries are expensive and require valuable resources.
Rich people buying luxury EVs as a third or fourth car is a huge waste as the VMT from those is wasted. EVs should be aimed at high VMT sectors like taxis to max their benefits.
Four PHEVs that draws down its batteries every day is far better than a single BEV that leaves most of its range untapped, given that batteries are expensive and require valuable resources.
Rich people buying luxury EVs as a third or fourth car is a huge waste as the VMT from those is wasted. EVs should be aimed at high VMT sectors like taxis to max their benefits.