Element Energy for Low Carbon Vehicle Partnership (UK)
http://bit.ly/mXLdMq
[Article in The Guardian by Alice Evans] Electric cars will not be able to compete with conventional cars on price until 2030, a report said on Tuesday.
The total cost of ownership – the upfront price and running costs such as fuel and insurance – of environmentally friendly electric vehicles is currently around £5,000 more than petrol and diesel cars, found the study undertaken by consultancy Element Energy and commissioned by the public-private Low Carbon Vehicle Partnership (LCVP)…
But even if fuel prices double to £3 a litre, the authors said, the overall cost of electric cars will be higher than conventional combustion engine cars. Electric cars today cost around £30,000 without a government grant of £5,000 – nearly double the equivalent petrol and diesel rivals. But they are cheaper to run, with a Nissan Leaf costing around 2p per mile compared to 14p for a Ford Focus…
Greg Archer, managing director of the LCVP, said…that there was a very small chance that electric cars and other alternatively fueled vehicles would become competitive by 2020, but said that was around a one in 20 likelihood. “Major technology takes a couple of decades before it receives parity with current technology,” said Archer…
