Presentation for the Island Institute ELECTRIC CARS: HOPE FOR THE FUTURE

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1 Presentation for the Island Institute ELECTRIC CARS: HOPE FOR THE FUTURE

2 The i8, BMW's expensive sleek futuristic plug-in hybrid supercar. The car is powered by a powerful 96-kilowatt (129- horsepower) electric motor driving the front wheels, and an efficient 230-horsepower 1.5-liter turbocharged three-cylinder gasoline engine motivating the rear wheels.

3 Adam Lee, Lee Auto Malls

4 The electric automobile is in its heyday. Of all of the cars produced in the United States 28 percent are powered by electricity, and electric autos represent about one-third of all cars found on the roads of New York City, Boston, and Chicago.

5 The electric automobile is in its heyday in Of the 4,192 cars produced in the United States 28 percent are powered by electricity, and electric autos represent about one-third of all cars found on the roads of New York City, Boston, and Chicago.

6 The electric automobile is in its heyday in Of the 4,192 cars produced in the United States 28 percent are powered by electricity, and electric autos represent about one-third of all cars found on the roads of New York City, Boston, and Chicago. What Happened?

7 Stalled Progress 114 years ago, one-third of all cars on the road were electric. Today The American market share of plug-in electric passenger cars increased from 0.14% in 2011, to 0.37% in 2012, to 0.62% of new car sales during Wikipedia

8 U.S. DOE Assessment: The key goals to be met over the next five years to make plug-in electric vehicles competitive with conventional fossil fuel vehicles are: Cutting battery costs from their current US$500/kWh to US$125/kWh Eliminating almost 30% of vehicle weight through lightweighting Reducing the cost of electric drive systems from US$30/kW to US$8/kW

9 $75,000-$100,000

10 $19,000-$25,000

11 $19,000-$25,000

12 Affordable Electrics? Mitsubishi i-miev Range: 62 miles (pure electric) Price: $23,800

13 Affordable Electrics? Toyota Prius Plug- In Hybrid Range: 11 miles (electric + gasoline) Price: $30,800

14 Affordable Electrics? Nissan LEAF Range: 84 Miles (pure electric) Price: $29,800

15 Obstacle #1: The Cars Are Still Too Expensive

16 Obstacle #2: The Electricity Is Too Expensive

17 Cost to Generate Electricity

18 Cost to Deliver It

19 Is this really so bad?

20 Or this?

21 Or this?

22 Is There Still Reason To be Hopeful?

23 Is There Still Reason To be Hopeful? Yes.

24 Steadily Improving Batteries 1800 Invention of Voltaic Cell 1859 Invention of Acid-Lead Battery 1899 Invention of Nickel- Cadmium Battery 1949 Invention of Alkaline- Manganese Battery 1991 Commercialization of Lithium-Ion Battery 1996 Introduction of Lithium-Ion with Manganese Cathode

25 Electric Car Rebirth 1832 Scottish inventor debuts first crude electric carriage French physicist invents rechargeable lead-acid battery First successful electric car built in U.S. (Des Moines, Iowa) % of U.S. cars are electric.

26 Electric Car Rebirth During the 1920s the electric car ceases to be a viable commercial product. The electric car's downfall is attributable to a number of factors, including the desire for longer distance vehicles, their lack of horsepower, and the ready availability of gasoline.

27 Electric Car Rebirth Today, there are nearly 20 models offered from more than a dozen different brands in a range of sizes, styles, price points and powertrains to suit a wide range of consumers.

28 Electric Cars In The Market BMW i3 Electric Vehicle Sedan 81 miles (pure electric) $42,300 BMW i8 Plug-in Hybrid Coupe 25 miles (electric + gasoline) $137,000

29 Electric Cars In The Market Chevrolet Spark EV Electric Vehicle Coupe 82 miles (pure electric) $27,500 Fiat 500e Electric Vehicle Sedan 87 miles (pure electric) $32,600

30 Electric Cars In The Market Ford Focus Electric Electric Vehicle Sedan 76 miles (pure electric) $30,800 Kia Soul EV Electric Vehicle Sedan 93 miles (pure electric) $34,500

31 Electric Cars In The Market Mercedes B-Class Electric Drive Electric Vehicle Sedan 85 miles (pure electric) $42,40 Volkswagen e-golf Electric Vehicle Sedan 83 miles (pure electric) $36,300

32 Tesla Model S Electric Vehicle Sedan 300 miles (pure electric) $69,900

33 Thank you

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