The electric car is all the rave these days. And while we have seen a lot of concept cars in the making, many compare it to the route of the Apollo Programs’ Lunar Rover which took years to complete. In the same way, electric cars are still a bit lagging and one derivative is cost. However, most critics feel that pricing structures may be a hindrance, especially if the current economic situation does not improve. For example, would you pay over $15,000 for an electric car?
“What people overlook is that accomplishing ‘big picture’ programs like Apollo require accepting the concept of unlimited spending to achieve the mission,” says Ron Cogan, editor and publisher of the industry authority Green Car Journal and editor of GreenCar.com. “Current levels of unprecedented federal spending notwithstanding, electric cars are not an exclusive answer to future transportation challenges and consumers will not be willing to buy them at all costs.”
The primary culprit is not the car. Automakers in the 1990s proved they could produce full-function electric vehicles offering the attributes that most drivers expect, although with limited driving range of about 100 miles or so. What they couldn’t do was replace a gas tank with an advanced battery pack that cost less than $20,000 to $30,000. Extraordinarily high battery cost is why we’re seeing newly-announced battery electric sedans with a retail cost of $45,000 to $55,000.
(Source) Press
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