Electric Vehicles Can't Compete With Internal Combustion Engines
The 2015 car-sale data are in: Americans bought a record 17.5 million passenger vehicles in the United States, of which 113,588 — 0.6 percent — were either plug-in hybrids or all-electrics, according to insideevs.com. That was about 10,000 fewer than in 2014.
Automakers have sold 404,176 electrics (EVs) since they hit the market in 2010. That is 0.16 percent of the 250 million-plus U.S. passenger vehicle fleet. Assuming all are still on the road, carmakers must sell 300,000 this year and next to reach 1 million, or 0.3 percent of the fleet, by 2018.
The limiting factor is, was and will be for years the value proposition: Given the cost of advanced batteries, which has not come down as swiftly as EV boosters assumed, most EVs are still very expensive. Gas savings, however, can’t offset the higher purchase price, even when you factor in the $7,500 federal tax credit EV buyers get. Unless and until that’s solved, the raison d’etre of electric cars, and of federal policies to favor them — making a significant dent in carbon emissions — will be null and void.
Tesla? Priced north of $100,000. Tesla did sell 50,580 vehicles worldwide in 2015. Tesla owes its survival to subsidies. This Silicon Valley start-up has gotten $4.9 billion in state and federal support over the past decade, according to a May 30 Los Angeles Times report. The Times’s figure doesn’t include the tax breaks and other incentives for EV buyers in Norway, whose inhabitants had purchased 8,700 Tesla Model S’s as of October — roughly 10 percent of Model S sales worldwide since its introduction — according to the Norwegian Embassy in Washington.
Source: http://cenvironment.blogspot.com/2016/01/electric-vehicles-cant-compete-with.html
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