Electric Cars Are Too Expensive For Most Americans

30 Апр 2014 | Author: | Комментарии к записи Electric Cars Are Too Expensive For Most Americans отключены
Toyota i-Road EVs Electric Cars

Electric Cars Are Too Expensive For Americans

* EVs to make up only 1.5 pct of US in 2017-analyst

* Henry Ford his wife electric cars

* wants to boost consumer EV by a third

By Ben Klayman

DETROIT, 21 (Reuters) — Scott has a love-hate relationship with his new Karma luxury electric

The 34-year-old car lover bought the hybrid electric Karma in for $107,850, but five days the car’s battery died as he was in downtown Chicago. While the car he calls a head turner was in a recall, Klut h remains how much he will drive it.

I want a car that works, said. It’s a fun car to drive. just that I’ve confidence in it.

The Karma’s problems one vehicle died during by Consumer Reports this — f ollow bad publicity from a probe of General Co’s Chevrolet Volt and sales of the car, and the closure or of several electric vehicle-related

The unrelenting bad news has led to questions the readiness of electric cars and fresh doubts about a that has around since the 1890s but still struggling to win the public.

Whether electric can find an audience beyond in Washington and Hollywood celebrities on lowering vehicle prices wi selling cars at a loss, an and industry executives say, whi le ext driving range to make the competitive with their peers.

It’s going to be a slow said John O’Dell, green car editor a t industry firm E dmunds.com. Maybe too much expectation of more and success than might be expected of a brand new technology.

He questioned whether priorities simply change for whomever is president after the November Electric v ehicles could tax breaks — currently $7,500 a vehicle for buyers particularly if a Republican ends up in the House.

Edmunds expects electric cars and plug-in to make up only 1.5 percent of the market in 2017, compared 0.1 percent last year, and said that may be optimistic. charge all-electric cars by into an outlet, while versions include a gasoline

President Barack Obama’s has been a strong proponent of e vehicles l ike the Volt and set a goal of 1 million battery-powered vehicles on the by 2015. Lux Research estimates number will actually be than 200,000. Both the and Karma’s development were by low-interest federal loans.

has not dissuaded automakers, many of plan to launch electric to j oin the Volt and Nissan’s all-electric in a bid to meet rising fuel standards. Toyota has begun a plug-in Prius, and EVs from Honda, BMW and Fiat will the fray this year, with cars from Tesla and Coda Automotive.


cars aren’t a new concept. Ford bought his wife, at least two electric cars in the 1900s offering at best 50 driving range and top speeds of 35 miles per hour, according to the Ford Museum.

But analysts automakers have not done a enough job getting the costs and explaining the technology to win over beyond early adopters actor Leonardo DiCaprio, pop Justin Bieber, comedian Jay and former U.S. Secretary of Colin Powell.

You can do all the advertising and you want, but if people don’t buy the message the needle’s not going to said George Cook, a professor at the University of Rochester’s school and a former Ford

The Volt, at almost $40,000 federal subsidies, is seen as too by many critics. Fiat-Chrysler Executive Sergio Marchionne, a EV skeptic, has said Chrysler lose more than on every battery-powered Fiat 500 it

And even with rising prices — topping $4 a in parts of the country — EVs a re n ot competitive, according to the Lundberg Gasoline prices would to rise to $8.53 a gallon to the Leaf competitive and hit $12.50 for a to be worth it, base d on the cost of versus electricity, fuel and depreciation, the s urvey said.

vision, which he laid out at a truck plant in North this month, includes a car that costs half the of today’s versions and can go up to 300 miles on a charge. The industry is far from that.

Since last fall, has been a run of bad news for EVs, with the late November t hat U.S. safety regulators investigating the Volt for possible fires.

While the federal was closed with the conclusion was no defect and the car did not pose a greater of fire than gas-powered weak demand led GM to halt for five weeks and temporarily lay off workers at the plant that the car. GM, which strengthened the protection of the Volt battery, has said the car is safe, and some t he safety probe should never occurred.

The Karma died during testing by Reports magazine was another following a recall of more 200 o f the cars la st year and the halting of in January for a software issue. Fis which builds the Karma in also suspended work month at its U.S. plant to make another car, the sedan, whi le it works to renegotiate a million loan from the Department of Energy.

Fisker Roger Ormisher said can arise with new technologies and a new but added Fisker had gone the call of duty in instituting a to respond to customer issues and had of satisfied owners. CEO Tom LaSorda in a to Karma owners last said Fisker was committed to customers complete peace of and he had created a SWAT team of 50 and consultants to identify issues the car.


The expectations always been too high for cars, said Bill Toyota’s U.S. manager for technology. The realities have been clouded by the dreams. I to say it’s the first law of thermodynamics the first law of Disney.

Disney is it w ill be so. It do esn’t work. Toyota has been skeptical EVs would boost its share of the auto

Meanwhile, several companies struggled due to lack of funding or troubles.

A123 Systems a wider-than-expected fourth-quarter loss month after Fisker, one of its customers, cut battery orders. Automotive, an Indiana electric truck start-up, closed its in February after failing to get a loan.

Ener1 Inc, received a $118.5 million grant to make lithium-ion for EVs, filed for bankruptcy in and Aptera Motors, a California-based EV went out of business last after it couldn’t raise $80 in private funding.

There be more companies that but it’s no different than companies, said Kristen vice president of EV solutions for which makes EV charging for BMW, Mitsubishi and Nissan. with the right business are going to do fine.

A number of top retail chains, including and Walgreen, have begun charging stations at their bu t critics say the U.S. push for cars has come before infrastructure is in place, weakening the for consumers to be attracted to the technology.

But since the bankruptcy of Solyndra, a panel maker that $535 million in U.S. guarantees, federal support for vehicle technology programs has to a halt. Ind ustry officials and point to tightened U.S. of Energy requirements in the face of criticism from Republicans the Obama administration’s generosity for related to green technology.

was certainly a different energy one year ago, even two ago, said Oliver sustainable transportation practice for PricewaterhouseCoopers. This year, it had a different drumbeat. Hazimeh long-term demand for EVs rising to up to 9 of the global market by 2022, but h e there will be some along the way.

Obama to increase the tax subsidies for buyers of vehicles to $10,000 per vehicle the current $7,500. Bu t c ritics say the EV sales totals tell the story.

Complicating matters, continue to squeeze increased efficiency out of the internal combustion That makes it tougher to EV sticker prices attractive to put a dent in the traditional gasoline-powered domi nation of the market. nN1E7AE04G]

The EV’s industry’s have vindicated the more approach taken by Toyota, and C hrysler’s M archionne, who killed for a Chrysler electric car, said.

Still, proponents say electric-car will grow just Toyota’s hybrid Prius from about 5,500 in its debut in 2000 to a peak of than 180,000 in 2007.

Parks, GM’s chief engineer, said the proof is in the amounts of money automakers are on EV technology development.

Follow the People are investing huge in stuff, h e said. This is a 10- or discussion and we’ve been the Volt for a year.

GM, which launched a new advertising campaign on testimonials by adoring Volt has made the car the centerpiece of efforts to from Toyota the mantle as the greenest automaker. Meanwhile, CEO Carlos Ghosn has estimated electric vehicles like the will make up 10 percent of global sales by 2020.

will tell if that’s thinking.

It’s been the that the entire political has been drinking for a decade, Bob Martin, a senior consultant auto product development The CarLab. Electric cars are not for prime time. They’re interesting toys for very, rich people.


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