By Institute for Energy Research —— Bio and Archives--March 20, 2018
SUVs and crossovers made up more than one in three cars sold globally last year—almost tripling their share from just a decade ago. The world increasingly wants these larger vehicles that originated in America. Spurred by rising incomes and lower gas prices, drivers in China, Australia, and other countries are showing a preference for SUVs over smaller sedans. Compared to smaller cars, SUVs are about 30 percent less efficient and they are less likely to have electric versions because there are technological and cost hurdles to powering a larger car with batteries. Further, many automakers believe that drivers of SUVs value power and performance and do not want to be constrained by battery-powered cars with far less range.
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