Peugeot touts savings, low running costs of iOn electric car

Article by Christian A., on October 14, 2010

Peugeot’s new iOn electric car is not cheap but the carmaker is stressing that its high price is offset somewhat by the fact that it offers low running costs. The battery-powered iOn is a small four-door city car that costs 33,800 euros, which is also the sticker price of a Mercedes-Benz C-Class. Peugeot anticipates that a majority of iOn customers will lease the vehicle for 499 euros a month (415 pounds in the UK).

This price is inclusive of the 88-cell lithium ion battery pack, servicing and maintenance, and a 50,000 km warranty. Peugeot asserted that the iOn’s running costs will only be between 1.50 euros and 2 euros per 100 km – which is one-fourth the price of an equivalent gasoline or diesel model.

Recharging costs could be lower if the car's batteries are recharged overnight when electricity is generally cheaper. There are also some cities that give incentives to EV car owners such as exemption from congestion charges and free parking.

For instance, in London, an iOn driver will be able to save the 1,696 pounds (nearly 2,000 euros) annual congestion charge. In addition,

London's Westminster district offers free charging and free parking for electric cars for a small annual fee, resulting to savings of another 2,000 pounds (about 2,300 euros) a year in parking fees. Jean-Francois Mascarau, who heads EV customer sales at PSA, said that the car is not targeted at private buyers.

He said that by 2015, the company expects that only 10% of iOn customers will be private buyers or leasers. Rather, Peugeot wants to lease the iOn to courier companies, public utility providers, local governments, car sharing companies and car hire firms.

The iOn is able to arrive at a top speed of 130 km/h with its electric motor, which has a power output of 49kW (equivalent to 67 hp). [via autonews - sub. required]

If you liked the article, share on:

Comments

Recommended

J.D. Power has officially released the 2017 Vehicle Dependability Study, an annual list of the most dependable brands in the auto industry. Once again coming on top is Lexus, the...
by - February 26, 2017
Citroen revealed that its entry to the Chinese market is moving forward with the planned release of the new generation C5. While still on sale on this part of the...
by - February 26, 2017
There is definitely a second-generation Super Series from McLaren. Even in camouflaged form, it is simply incredible. But while we still don’t have the full data on how truly dynamic...
by - February 25, 2017
A lot of fans are excited with the news that Porsche could be unveiling a performance version of its Panamera 4 E-Hybrid plug-in hybrid during the 2017 Geneva Auto Show. ...
by - February 25, 2017
Tesla is finally setting a more “definite” schedule with regards to the official launch of the Tesla Model 3 electric car. A “limited production” is said to be slated to...
by - February 25, 2017
Facebook

Youtube Channel

Tip Us
Do you have a tip for us?
Did you film an important event?
Contact us
Newsletter
Subscribe to our newsletter!
Subscribe
Galleries