There are some ideas that, no matter how often they rise and how spectacularly they fail, just won't go away. Perpetual motion machines, for example. Passive exercise machines. Diets that work. These technologies sound great in theory, but don't seem to pan out in practice. Add to the list, electric (or largely electric) cars.
People who have looked into the history of automobiles have noted that while electric cars have never managed to rival internal combustion cars for their performance, comfort, reliability, or customer-attractiveness, they persist in inspiring a small segment of the public. And would-be social engineers have always loved them.
As Robert Bryce points out in his book Power Hungry, electric cars are the "Next Big Thing. And they always will be." Bryce observes that EV-boosters have been flogging electric cars since 1911, when the New York Times declared that "the electric car "has long been recognized as the ideal solution" because it "is cleaner and quieter" and "much more economical." Of course, that all depends on how you define "ideal" and "economical."
Let's talk economics first. Electric and hybrid-electric vehicles are more expensive to make and bring in less profit than other cars. They cost more to finance, more to repair, and more to insure. Their sales depend heavily on tax incentives, which means that selling more of them will require more taxpayer dollars. The National Renewable Energy Laboratory (NREL) estimates that plug-in hybrid vehicles cost $3,000 to $7,000 more than regular hybrids, even though the performance differences between the two models are slight, and the really fuel-efficient hybrids cost $12,000 to $18,000 more than the conventional brand. Consider the GM Volt. When it was first announced, the price estimate from General Motors (GM) was $30,000. That soon jumped to $35,000. Today, they sell for nearly $40,000.
Hybrids are also more expensive to insure, which has been known for some time.
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