With a recent mandate that effectively requires major automakers to put at least 58,000 gas-electric vehicles on California roads by 2014, California has become a pioneer in new technology developments. After years of research and development the auto industry giants and startup companies are investing, researching and building prototype vehicles that can be fueled either with gas or electricity from a wall socket. General Motors and Toyota plan to launch PHEV versions by late 2010, while Honda and some smaller manufacturers are expected to follow.
"Plug-in hybrids are going to be the vehicle story of the next few years," said Joseph Romm, an energy policy expert with the Center for American Progress, a think tank in Washington, D.C. Plug-in hybrid electric vehicles (PHEV) have the potential to revolutionize the auto industry over the next decade. This is because PHEVs could provide a cost-effective, practical solution to improving automotive fuel-economy and emissions. In short, Plug-in hybrids are vehicles that are powered by an on-board engine and a battery/electric motor that can be charged by plugging into the electric grid. This gives PHEVs an extended 20-40 mile all-electric driving range vs. current hybrids plus the ability to drive long-distances like a regular car.
To read the full report please go to http://www.floyd-associates.com/phev.pdf.
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