# Who killed the Electric Car?

Discussion in 'General Science & Technology' started by moementum7, Aug 10, 2006.

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1. ### spidergoatValued Senior Member

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Wow, look at this stylish number!

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It was actually somewhere in the middle. The $80k number came from dividing the total cost of the EV-1 program, including research and development, by the number of EV-1s that they produced. I believe the actual cost of building one additional EV-1 was only something like$50k. $38k was sort of an estimate about how much it might cost if they mass-produced them and were selling thousands. But like I said, it's very unlikely that enough people would be interested in buying one to make real mass-production (and the associated per-unit price drop) feasible. The problem for electric cars is that even though people complain all the time about the price of gasoline, it really isn't that expensive. Most people in the U.S. only drive about 10k miles/year, which in a fuel-efficient car will only burn through about$1000 in gasoline. How long do you plan to own the car? 10 years? Okay, you will need about $10k in gasoline over the life of your car. Since you can get a small four-door sedan for about$10-12k, the price of an electric car will need to be below $20k before it even begins to be compeditive with a gasolne-powered car. Yeah, there are some people who drive a lot more than 10k miles/year; but for them the limited range and loooooong recharge times are likely to be a problem. A small, fuel-efficient, four-door sedan Last edited: Jan 17, 2008 4. ### Google AdSenseGuest Advertisement to hide all adverts. 5. ### Billy TUse Sugar Cane Alcohol car FuelValued Senior Member Messages: 23,198 Good clear thinking. Same thoughts another way: Buy the 20K cheap car (or even EIGHT of the new Nanos for$2500 each!) and invest the saving. Then your gasoline is "free forever," while the electric car owner is paying for the electricity, the recharge system, and new batteries.

I.e. $38,000 - 20,000 =$18,000 which at approximalte 5% investment return will provide gas for life (at current prices).

SUMMARY: Any reasonable life cycle cost analysis will show the cheap car is more economical.