Hybrid cars have yet to truly be in high demand by consumers, but one thing is for certain.
They will be swarming to showroom floors in the near future.
In July, President Barack Obama got automakers to agree to double the Corporate Average Fuel Economy, or CAFE, standards for vehicles to 54.5 miles per gallon by 2025. So, as fuel efficiency standards kick in consumers will certainly see new hybrid cars.
Toyota is definitely in that state of mind. Its Prius model is the best-selling hybrid car out in the market. According to CNNMoney.com, since the market share for hybrid cars peaked in 2009, the Prius has claimed half of it until now.
And now, the challenge will get tougher for other hybrid makers.
Toyota recently introduced it Prius V, which has a bigger rear hatch for more storage space. Its Prius C is a smaller city car version. Plus, there's a plug-in Prius coming, too.
Despite Toyota's success with the Prius, consumers are still used to gas-powered vehicles. The cost of hybrid cars and the uncertainty of new technology inside scare them. There is also increasing competition from improved fuel economy in non-hybrid cars that can be roomier and better equipped. To top it off, fully electric cars, such as the Nissan Leaf and Chevrolet Volt, are convincing consumers that a future without the extra cost of gasoline will be worth it.
For now, hybrid cars are the alternative-fuel fad. Here are the top 5 hybrid cars out now with high mpg and affordable price taken into consideration.