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Buyers Guide: The Best Hybrids for 2024

Unveiling hybrid models worth looking into in 2024

Three-quater side view of a 2024 yellow Toyota Prius on a city street

Hybrid vehicles combine the advantages of pure electric cars and those with internal combustion engines. With the charging network’s current level of development, hybrids might be the most exciting purchase option nowadays.

These fuel-efficient means of transport combine electric power with a gasoline engine, reducing emissions and saving you money at the pump. But with so many choices on the market, from budget-friendly commuters to feature-packed luxury SUVs, picking the right hybrid can feel overwhelming. This guide compiles the best hybrid options for 2024, highlighting features, fuel economy, and overall value to help you find your perfect hybrid match.

  1. 2024 Toyota Prius
  2. 2024 BMW XM
  3. 2024 Volvo XC40
  4. 2024 Ford Escape Hybrid
  5. 2024 Honda Accord Hybrid
  6. 2024 Chrysler Pacifica PHEV
  7. 2024 Hyundai Elantra Hybrid
  8. 2024 Toyota Tundra Hybrid
  9. 2024 Jeep Grand Cherokee 4xe
  10. 2024 Lexus LC500h

2024 Toyota Prius 

Three-quater side view of a 2024 yellow Toyota Prius

Via Toyota

Specifications

  • MSRP: $27,950 USD / $37,650 CAD
  • Engine: 2.4L I4
  • Battery: 13.6 kWh Lithium Ion
  • Power / Torque: 194 hp / 139 lb-ft
  • Drivetrain: FWD
  • 0-60 mph: 7.1 seconds
  • Fuel Economy: 57 MPG combined / 4.7L/100km combined
  • Basic Warranty: 3 years / 36,000 miles / 58,000 km

Our Take

The 2024 Prius ups its game with impressive fuel efficiency—up to 57 mpg—and a surprisingly sporty 196 hp engine offering decent acceleration (0-60 in 7.1 seconds). All-wheel drive is even available for confident handling in all conditions. Its modern interior keeps you comfortable and connected with available tech features. The Prius is the perfect blend of performance, fuel efficiency, style, and an Insurance Institute for Highway Safety Top Safety Pick+.

2024 BMW XM

Front view of a 2024 grey BMW XM

Via BMW

Specifications

  • MSRP: $159,000 USD / $220,000 CAD
  • Engine: 4.4L Twin-Turbocharged V8 + AC Motor
  • Battery: 19.2-kWh Lithium-Ion
  • Power / Torque: 644 hp / 590 lb-ft
  • Drivetrain: AWD
  • 0-60 mph: 3.4 seconds
  • Fuel Economy: 46 MPGe combined / 17.2L/100km combined
  • Basic Warranty: 4 years / 50,000 miles / 80,000 km

Our Take

The 2024 BMW XM hybrid rockets from 0 to 60 in a blistering 3.4 seconds thanks to its monstrous twin-turbo V8 paired with an electric motor and battery pack spitting out 644 horsepower. Inside, the XM pampers with a luxurious, leather-clad cabin featuring a giant curved infotainment screen. 

The BMW XM is a head-turning plug-in hybrid SUV with stellar performance, efficiency cred, and top-notch comfort.

2024 Volvo XC40

Side view of a 2024 silver Volvo XC40

Via Volvo

Specifications

  • MSRP: $41,795 USD / $46,500 CAD
  • Engine: 2.0L Turbocharged I4 
  • Battery: 48V
  • Power / Torque: 247 hp / 523 lb-ft
  • Drivetrain: AWD
  • 0-60 mph: 6.1 seconds
  • Fuel Economy: 26 MPG combined / 9.0L/100km combined
  • Basic Warranty: 4 years / 50,000 miles / 80,000 km

Our Take

Volvo’s 2024 XC40 hybrid packs a punch with performance and efficiency. This mild hybrid seamlessly blends a 247-horsepower engine with a 48-volt battery system. The result is zippy acceleration (0-60 in 6.1 seconds) and reduced fuel consumption (26 mpg combined). 

Thanks to regenerative braking technology, you’ll enjoy a more refined driving experience in the city or highway and benefit from lower emissions, encapsulating Volvo’s signature Swedish design, safety features, and functionality.

2024 Ford Escape Hybrid

Side view of a 2024 red Ford Escape hybrid.

Via Ford

Specifications

  • MSRP: $33,490 USD / $43,050 CAD
  • Engine: 2.5L I4 + 2 AC Motors
  • Battery: 10.7-kWh Lithium-Ion
  • Power / Torque: 210 hp / 155 lb-ft
  • Drivetrain: FWD
  • 0-60 mph: 7.7 seconds
  • Fuel Economy: 84 MPGe combined / 6.0L/100km combined
  • Basic Warranty: 3 years / 36,000 miles / 58,000 km

Our Take

The 2024 Ford Escape Hybrid is fuel-efficient and functional for daily use. It gets up to 42 miles per gallon in the city without compromising power. The roomy cabin has enough space for passengers and goods, and you can upgrade to a better tech package with features like SYNC 4 and a 13.2-inch touchscreen. 

The Escape Hybrid is an attractive option, whether you value a pleasant ride with modern amenities or gas mileage savings.

2024 Honda Accord Hybrid

Front view of a 2024 blue Honda Accord hybrid

Via Honda

Specifications

  • MSRP: $33,990 USD / $41,500 CAD
  • Engine: 1.5L Turbocharged I4
  • Power / Torque: 204 hp / 247 lb-ft
  • Drivetrain: FWD
  • 0-60 mph: 6.8 seconds
  • Fuel Economy: 44 MPG combined / 5.7L/100km combined
  • Basic Warranty: 3 years / 36,000 miles / 58,000 km

Our Take

The 2024 Accord Hybrid is unrivaled regarding efficiency, practicality, and reliability. It boasts a powerful hybrid system that delivers excellent fuel economy without sacrificing pep. Inside, you’ll find a roomy cabin packed with user-friendly tech and high-quality materials. 

The Accord offers a smooth ride and a long list of standard safety features. Additionally, Accord’s Two-Motor Hybrid Electric System won the “Wards 10 Best Engines & Propulsion Systems” Award.

2024 Chrysler Pacifica PHEV

Three-quarter side view of a 2024 blue Chrysler Pacifica PHEV

Via Stellantis

Specifications

  • MSRP: $55,000 USD / $59,995 CAD
  • Engine: 3.6L V6 + 2 AC Motors
  • Battery: 16.0-kWh Lithium-Ion
  • Power / Torque: 287 hp / 262 lb-ft
  • Drivetrain: FWD
  • 0-60 mph: 7.9 seconds
  • Fuel Economy: 82 MPGe combined / 8.2L/100km combined
  • Basic Warranty: 3 years / 36,000 miles / 58,000 km

Our Take

The Chrysler Pacifica PHEV is an efficient minivan perfect for families. It has a combined 82 MPGe and an all-electric range of up to 32 miles. Comfortable seating for seven people, an extensive list of standard equipment (including a 10.25-inch touchscreen infotainment system, six speakers for sound, and a suite of enhanced safety measures), and outstanding fuel economy are just a few of the many benefits of the Pacifica PHEV. 

2024 Hyundai Elantra Hybrid

Side view of a 2024 silver Hyundai Elantra hybrid

Via Hyundai

Specifications

  • MSRP: $27,400 USD / $30,500 CAD
  • Engine: 2.0L I4 + AC Motor
  • Power / Torque: 139 hp / 195 lb-ft
  • Battery: 1.32-kWh Lithium-Ion 
  • Drivetrain: FWD
  • 0-60 mph: 8.4 seconds
  • Fuel Economy: 50 MPG combined / 4.7L/100km combined
  • Basic Warranty: 5 years / 60,000 miles / 96,000 

Our Take

The 2024 Elantra Hybrid isn’t just about stellar fuel economy (up to 54 mpg combined). This sharp-looking sedan packs a surprising punch with its hybrid powertrain. It’s loaded with tech features you’d expect in a pricier car and boasts a comfortable, spacious interior. Plus, Hyundai’s generous warranty ensures peace of mind for five years. Combining value, efficiency, and style, the Elantra Hybrid stands out in the compact car segment.

2024 Toyota Tundra Hybrid

Side view of a 2024 grey Toyota Tundra hybrid

Via Toyota

Specifications

  • MSRP: $57,625 USD / $73,390 CAD
  • Engine: 3.4L Twin-Turbocharged V6
  • Power / Torque: 437 hp / 583 b-ft
  • Battery: Nickel-Metal Hydride
  • Drivetrain: RWD
  • 0-60 mph: 5.7 seconds
  • Fuel Economy: 22 MPG combined / 11.7L/100km combined
  • Basic Warranty: 3 years / 36,000 miles / 58,000 km

Our Take

The 2024 Tundra hybrid muscles in with impressive power and surprising efficiency. Its i-FORCE MAX hybrid system easily hauls hefty loads and conquers trails. While not the most fuel-efficient hybrid, it boasts a respectable 22 mpg combined. 

The Tundra hybrid prioritizes comfort with its coil-spring suspension and a dent-resistant composite bed. This truck blends brawn with some brain, making it ideal for those seeking power and a smoother ride.

2024 Jeep Grand Cherokee 4xe

Side view of a 2024 velvet red Jeep Grand Cherokee 4xe

Via Stellantis

Specifications

  • MSRP: $62,285 USD / $78,370 CAD
  • Engine: 2.0L Turbocharged I4 + 2 AC Motors
  • Battery: 14.0-kWh Lithium-Ion
  • Power / Torque: 375 hp / 470 lb-ft
  • Drivetrain: AWD
  • 0-60 mph: 5.3 seconds
  • Fuel Economy: 56 MPGe combined / 11.3L/100km combined
  • Basic Warranty: 3 years / 36,000 miles / 58,000 km

Our Take

Adventure meets efficiency in the 2024 Jeep Grand Cherokee 4xe. This plug-in hybrid tackles trails in near silence with its electric mode, offering 25 miles of emissions-free driving. The powerful hybrid system delivers instant torque and impressive fuel economy. 

The Grand Cherokee 4xe retains its legendary off-road capability while providing a luxurious interior and many tech features. It’s ideal for drivers who crave comfort and capability paired with efficiency.

2024 Lexus LC500h

Side view of a 2024 blue LC500 hybrid.

Via Lexus

Specifications

  • MSRP: $103,100 USD / $133,900 CAD
  • Engine: 3.5L V6 + 2 AC Motors
  • Power / Torque: 354 hp / 369 lb-ft
  • Battery: 1.1-kWh Lithium-Ion 
  • Drivetrain: RWD
  • 0-60 mph: 4.7 seconds
  • Fuel Economy: 44.1 MPG combined / 12.7L/100km combined
  • Basic Warranty: 4 years / 50,000 miles / 80,000 km

Our Take

The 2024 Lexus LC500h merges stunning design with unexpected hybrid efficiency. This head-turning coupe rockets from 0 to 60 mph in just 4.7 seconds, thanks to its powerful V6 and electric motor combo. Yet, it delivers impressive fuel economy, letting you enjoy both performance and sustainability. Luxurious touches abound inside the driver-focused cockpit, while the available Bespoke Build program lets you personalize your LC500h for a truly unique ride.