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EV - Plug-In Hybrid Electric Cars
Summary: This article explains the important qualities of the Plug-In Hybrid Electric Vehicles (PHEV's). The good news is that PHEV technology is already available and functioning. Fuel savings could be dramatic if plug-in technology is combined with already-existing flexible fuel technology.
© By: Dave Rongey
The Key Attributes of a EV Plug In Hybrid Electric Vehicle
The Key PHEV Attributes
- A PHEV Gets about twice the fuel economy of a conventional vehicle and 30-50% better fuel economy than a standard hybrid.
- To charge the battery system simply plug into a standard (120-volt) home electrical outlet.
- Depending on the car design and battery size a PHEV reports say that they could be driven 20 to 60 miles without the use of gasoline
The Economic Benefits of Flexible Fuel Plug-Ins
Spend Less Time and Money at the Pump
After a full battery charge the Plug-in hybrid vehicles range from 20 to 60 miles without using gasoline. Many commuters would be using little if any gasoline. By comparison if your gasoline powered car now gets 25 mpg and you switched to a Plug-in hybrid vehicle you would be getting 100 mpg.
Cost of Electric Fuel
A nightly battery charge would cost less than $1.00 at current electrical utility rates.
Initial Cost Worth Long-term Savings
While the initial cost of the plug-in vehicle would be more than a conventional car or one of the existing mass-produced hybrids, however a 2004 study by the Electric Power Research Institute (EPRI) found that plug-in hybrids can achieve life cycle costs parity with conventional gasoline vehicles – meaning that over the life of the car the cost will be equal or less despite the initial higher cost. The study calculated gasoline price as $1.75/gallon.
Rebates and Incentives Will Help
To help offset the initial cost of a PHEV, incentives are developing in local and city levels along with their public utility energy producers to address potential rebates to address the cost difference by making rebates available for energy customers when automakers begin manufacturing PHEV's. Additionally, bipartisan bills pending in the U.S. Senate and House would offer rebates and manufacturing incentives to help close the price gap.