5 Hybrid Pickup Trucks Available in 2023 From Most to Least Expensive
The market is set to expand in the years ahead, but the hybrid truck segment remains niche. Fuel economy isn’t typically top of mind for truck buyers because few models deliver stellar efficiency. However, as the automotive industry marches toward electrification, hybrid trucks are becoming a transitional point for many automakers. Five hybrid pickup trucks are available in the United States for buyers wanting to stretch their gallons further. Here they are, from the priceiest to the cheapest.
2024 Toyota Tundra Hybrid: $67,500
Toyota has long been a leader in the hybridization of its lineup, and that extends to its pickup trucks. The 2024 Tundra is available with a choice of three powertrains centered on a turbocharged V6. That includes the brand’s i-Force Max Hybrid drivetrain. The hybrid V6 makes 437 hp and 583 lb-ft of torque. The EPA rates the front-wheel-drive 2024 Tundra Hybrid at 20 mpg city, 24 mpg highway, and 22 mpg combined mpg.
The cheapest Tundra equipped with the i-Force Max Hybrid is the Platinum trim, and selecting the hybrid powertrain brings the MSRP to $67,500, including destination fees. The hybrid powertrain is also available with the Tundra 1794 Edition and is standard in the TRD Pro and Capstone trims. These models have a higher starting price than the Platinum.
2024 Ford F-150 Hybrid: $67,280
The Ford F-150 is now available with a choice of gas-only, hybrid, or fully electric powertrain. The 2024 F-150 hybrid powertrain is a 3.5-liter PowerBoost V6 delivering 430 hp and 570 lb-ft of torque. The two-wheel-drive version is EPA-rated for 25 mpg combined (the same in the city and on the highway), with the four-wheel-drive version lowering that figure to 23 mpg combined.
Ford makes the fully hybrid powertrain available starting with the Lariat trim. The 2024 F-150 Lariat with the V6 hybrid rings up at $67,280 MSRP with destination charges. The hybrid powertrain is also available in the more expensive King Ranch and Platinum trims.
2024 Ram 1500: $43,610
Ram will soon join the fully electric pickup truck segment with the debut of the Ram 1500 REV, but in the meantime, the brand’s buyers can opt for a hybrid — sort of. Ram doesn’t offer a true hybrid like Toyota or Ford. Instead, the Ram 1500 offers its bulky 5.7-liter V8 Hemi engine with an eTorque system, effectively a mild hybrid system paired with an auto start/stop system. The EPA rates the 2WD Ram 1500 equipped with this powertrain at 18 mpg city, 23 mpg highway, and 20 mpg combined.
The eTorque mild-hybrid powertrain is available in the Tradesman base model for the 2024 Ram 1500, but selecting the engine adds $3,045 to the trim’s $38,570 MSRP. A 2WD Ram 1500 with the eTorque Hemi totals $43,610, including destination (and excluding a $3,000 manufacturer credit). The 5.7-liter eTorque engine is available with all trims and comes standard in the range-topping Limited. A smaller 3.6-liter V6 eTorque is standard in the Rebel and Limited Longhorn.
2024 Toyota Tacoma Hybrid: $35,000
Toyota’s popular midsize truck is getting an overhaul for 2024, including the first Tacoma to offer a hybrid powertrain. The 2024 Tacoma will be available with a 2.4-liter i-Force Max hybrid powertrain, producing 326 hp and 465 lb-ft of torque, starting with the mid-range TRD Sport and every trim above it (TRD Off-Road, Limited, TRD Pro, and Trailhunter).
The EPA has yet to release fuel economy estimates for the Tacoma’s new hybrid powertrain, and as of this writing, pricing for the 2024 model has not been disclosed. Expect the TRD Sport trim to start around $35,000.
2024 Ford Maverick Hybrid: $27,140
The Maverick is one of only two players in the compact truck segment, along with the Hyundai Santa Cruz. However, the Ford pickup is the only model in its class with a hybrid powertrain. A significant update for the 2024 Maverick is that its hybrid powertrain is no longer standard. However, the 2.5-liter four-cylinder hybrid rated for 191 hp is still available with all three Maverick trims. A 2WD Maverick with the hybrid powertrain is EPA-rated for up to 37 mpg combined (40/33 mpg city/highway).
Selecting the hybrid powertrain adds $1,500 to the Maverick’s base MSRP of $24,900, bringing the total to $27,140 with the destination charge. Notably, selecting the hybrid powertrain lowers the MSRP of the range-topping Lariat trim by $720.
