Plug-in Hybrids: Vehicles of Tomorrow
We have published a research report briefly analyzing plug-in hybrid and electric vehicles that are currently in development or being produced. The report classifies various types of “clean” vehicles and reviews the strengths and weaknesses of some of the old and new players in the sector.
The battery capacity that is needed for an all-electric vehicle is currently very costly. A Deutsche Bank study cites an average of $11,000 of additional cost for an all electric vehicle compared to a comparable gasoline powered vehicle. Also due to limitations in current technology the range for most all-electric vehicles is limited to about 100 miles and to up to 250 miles for high-end electric vehicles.
Compared to a gasoline powered vehicle a hybrid uses less fuel, has a smaller carbon footprint, and has a comparable range and performance. Due to the unpredictability of gas prices and increasing consumer demand for more fuel efficient vehicles the report projects that the demand for hybrids shall increase dramatically in the coming years.
To read the full report, please go to: www.floyd-associates.com/phev2.pdf.
Monday, April 20, 2009
A Brief Look at Today’s Plug-in Hybrid and Electric Vehicles and the Companies that Are Revolutionizing an Old Industry
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