What is the LED version of the vehicle? A replacement for a dead dino burner, but not a pure battery car that has to be recharged.
There are some serious advantages to energy-dense, easily handled hydrocarbon fuels, especially when long distance traveling is concerned (range and refuel time).
Until we come up with much better batteries, the Volt style "bring a generator with you" approach is certainly the most versatile. You sacrifice some range by carrying the engine instead of extra batteries, but the electric range is more than enough for most daily commutes.
In your analogy, though, I'd say that hybrids are the CFLs and that EVs are the LED bulbs. Early LED bulbs were pretty shitty, if you recall: outrageously expensive, weirdly colored, and not long-lived.