Peugeot touts savings, low running costs of iOn electric car

Article by Christian Andrei, 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

Login or Create new account to add a comment!

Recommended

As if seeing the future more than a decade from now, one of the top scientists in the world of robotics and automations is predicting that children born today won’t...
by - January 19, 2017
Ford has just recently unveiled the 2018 Ford Mustang, and as it turned out, the carmaker gave its beloved pony car a facelift. There have been mixed reactions about the...
by - January 19, 2017
The bidding war for one of the only 20 examples -- 21 actually, but the 00 version went to a museum -- of the classically beautiful Lamborghini Reventon built and...
by - January 18, 2017
Bentley once again confirmed its plans to push PHEV into their future lineups. As a matter of fact, the Bentayga SUV will be the first to have the plugin hybrid...
by - January 18, 2017
Each time that Mini launches a new generation of the Countryman crossover, a John Cooper Works performance version is always expected to follow. When Mini unveiled the next-gen 2017 Mini...
by - January 18, 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