US government faces criticism over preference for electric vehicles

Article by Anita Panait, on October 9, 2012

The Obama administration has been criticized for favouring electric vehicles as a solution to the problems of global warming and for the continued reliance of the United States on foreign oil. The current administration has been urged not to focus on technologies like EVs, but to concentrate on achieving the desired results – which are lower fuel consumption and lower carbon dioxide emissions.

The issue now is why the administration does not see other technologies like fuel cell EVs, improved combustion engine vehicles and compressed natural gas units as viable solutions to the problems the US is currently facing. Here is comparison of an ordinary yet advanced gasoline-powered unit and an electric vehicle.

The starting version of the Hyundai Elantra costs around $17,590, including shipping. It received EPA fuel economy ratings of 29 mpg for city driving, 40 mpg for highway driving and 33 mpg combined. According to fueleconomy.gov, annual fuel costs for the base Hyundai Elantra amount to $1,750. The base version of the Nissan Leaf, meanwhile, costs around $36,050, including shipping.

Minus the federal tax credit of $7,500, a buyer should spend only around $28,550. Leaf’s economy equivalents are 106 mpg-e for city driving, 92 mpg for highway driving and 99 mpg combined. According to fueleconomy.gov, annual fuel costs for the Leaf are $600. While, a driver could save around $1,150 on fuel annually on the Leaf, it would take around 9.5 years before he could match the $10,960 price difference. So it was not really a surprise that many drivers still do not prefer EVs.

A Congressional Budget Office report on incentives for EVs noted the basic problem, which is that larger batteries for longer range add cost. The report also noted that $7,500 tax credit is not enough to bridge the cost gap between electric vehicles and higher-fuel-economy conventional vehicles. The report suggested that the most effective and also most politically unlikely way to reduce gasoline consumption and greenhouse gas emissions is by raising taxes on the fuel, “because consumers would drive less in the vehicles they already own."

If you liked the article, share on:

Comments

Login or Create new account to add a comment!

Recommended

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
Ford Mustang customers won’t be able to specify the V6 powerplant for the latest iteration of the carmaker’s pony car. This comes as the new 2018 Ford Mustang is saying...
by - January 18, 2017
The man sitting at the top of the performance division of Mercedes-Benz – Tobias Moers – cryptically indicated that the Mercedes-AMG GT4 could be really coming. Moers, chief executive of...
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