can buying plug in hybrids control the battery market, or is it purely a supply thing?



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    In a market economy, both supply and demand are essential factors in determining the market for a product, and plugin hybrids are no exception. Currently small operations offer retrofits to existing hybrid vehicles in order to equip them with a second electric motor that can greatly reduce dependency on fossil fuel. As these vehicles gain popularity, the number of shops offering these services continues to grow, but at a premium cost ($2,000-$5,000 depending on vehicle). However, as more shops begin to offer these services, the price will come down. Also, as large auto manufacturers look to expand production to a large scale, supply may actually begin to exceed demand.

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