Monday, October 19, 2009
Better learn what EV is. You may be in one soon.
(Photo of Chevy Volt from Flickr and Passion84Photos/Robert Heese.)
EV … PHV … These terms may soon be as familiar as SUV. Also, Volt, Leaf, Tesla and Fisker. This is the fast-approaching world of electric cars and plug-in electric hybrids.
Just about every auto company is working on one … or two, including some entrepreneurs. With government incentives, they expect a surge in sales, perhaps enough to meet Obama’s campaign goal of 1 million on the road by 2015. A Berkeley study shows that with a nationwide battery lease and swap program, EVs and PHVs could be 86% of the new-car market by 2030.
The American Recovery and Reinvestment Act provided $2.4B to develop plug-ins and advanced batteries. There will be a $7,500 tax credit for the first 200,000 sold. DOE so far has loaned $529M to U.S. entrepreneur Fisker to develop 2 plug-ins, and $8B to Tesla (also U.S.), Ford and Nissan North America.
Coming to market soon
* GM’s Chevy Volt, Fisker’s Karma, Mitsubishi’s i-MiEV and China’s BYD EV should be for sale here by late next year.
* Ford’s all-electric Focus and Tesla’s Model S are looking at 2011.
* Nissan-Renault’s Leaf, Toyota’s plug-in Prius and electric iQ, and all-electric Smart car are due in 2012.
Tesla has already sold 700 of its pricey 2-seater Roadster and is working on a 4-seat luxury car and a delivery van. India’s Reva NXR begins production next year but it’s unclear when it might be available here.
Problems to overcome
The main hurdles are cost, range and infrastructure. And they’re related. At this point the lithium-ion batteries make the cars expensive. Most of the cars include a battery though some are planning on a leasing process.
Chevy Volt, Karma and China’s BYD EV are priced at about $40,000. Renault says its Fluence will be the cheapest because its Better Place batteries will be separate (at a cost of about 250 euros a year). Tesla’s $100,000 Roadster is being driven by movie stars and the like. China’s BYD F3DM, already being mass produced, sells there for $22,000. American investor Warren Buffet has a stake in BYD. Most car-makers are being cagey about prices.
Charge it, please
Range is an issue to balance against cost. Nissan would like Leaf to have a 100-mile range, Volt can go 40 miles without gasoline kicking in, and Toyota sees a range of 10-15 miles for its Prius plug-in, to keep the size of the battery down and cut the cost.
While many of the cars can be plugged in at home overnight, people in apartment buildings don’t have the same access, so charging networks need to be set up. Better Place is leading that fledgling industry and setting up networks in the San Francisco Bay Area, Hawaii, Denmark, Israel and Australia.
Around the world
Iceland is putting up its own nationwide charging network, hoping its entire population (310,000) will go electric by 2012. France has the same aim and will invest $2.8B. They’ll buy 50,000 EV fleet cars by 2015, and expect 100,000 on the road that year.
Germany is investing $750M and wants to have a million cars on the road by 2020. And Denmark expects about 50 charging stations in Copenhagen in time for the climate summit this December. Delegates will have access to some Renault EVs. And not to worry. Electric cars park for free.
To see more of the cars and learn more about EVs see Plug In America and it’s electric vehicle tracker.
(Sources: ClimateWire, PlanetArk, Greenwire, Guardian, LA Times, dailygreen.com, Bloomberg, Business Week, E&E Daily.)
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