July 13, 2009

Electric Cars Will The Car Of Choice In 2030

According to a University of California, Berkeley study released on Monday, electric car sales could be 86 percent of all U.S. light vehicle sales by 2030 if consumers do not have to buy batteries themselves.

A company called Better Place plans to offer a pay-per-mile type plan, similar to cell phone minutes.  A family would buy a car, but Better Place would own the battery, offer charging stations, and swap out batteries when needed to extend the driving range.

According to the study by economist Thomas Becker, the cost of building charging systems will be over $320 billion for the next couple decades, although health-related savings could be $210 billion because of less vehicle pollution.

The most beneficial element to drivers would be that the price tags and operating costs are similar to, or less than, gasoline models.

The Better Place project is being undertaken by Renault-Nissan.  Better Place says its system would be cheaper than using gasoline. 

According to the Berkeley analysis, the per-mile cost of making and charging the batteries, including the cost of building a charging system, would be less than a gasoline car, depending largely on whether prices of petrol rise.


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