- Jun 6, 2012
Honda finds that $5-plus gas is 'tipping point'
Well, it may be a stretch to conclude that from a two-minute fifty-second man-on-the-street video posted by Honda, but it may not be far off.
Honda said it polled 1,000 Americans about their attitudes towards both buying more fuel-efficient vehicles and potential advanced powertrains and interviewed a handful of men and women to see if their views were consistent with the larger poll.
The Japanese automaker found that, while 30 percent of respondents would actively seek out a more fuel-efficient car if gas hit $5 a gallon, 62 percent would do the same if gas hit $6 a gallon. Meanwhile, 15 percent said nothing would make them consider a fuel sipper.
Additionally, 37 percent of those polled said electricity would be the primary source of vehicle power 20 years from now, while 19 percent said gasoline would still reign supreme by then and another 19 percent saw biofuels as the fuel of the future. We know that just because people think something is true doesn't make that thing come true, but 37 percent market share in 2032 would be something, wouldn't it? See Honda's video below.