Potential Energy

GM Sets a Price for the Volt

At $41,000, the Volt will be more expensive than a competing electric vehicle from Nissan.

Kevin Bullis 07/27/2010

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GM has announced that it will sell the much-anticipated Chevrolet Volt--an electric car with a gas generator for extending driving range--for $41,000, which is about what people had been expecting. The automaker notes that with a federal tax credit, the actual cost to consumers is $33,500.

GM starts taking orders for the car today. It will be available initially in California, New York, Michigan, Connecticut, Texas, New Jersey and the Washington D.C. area. To buy one, you need to go to a Volt dealer, which you can find at http://www.getmyvolt.com.

The car costs more than the Nissan Leaf, which is also coming out this year. That car will sell for $32,780, or $25,280 after the tax rebate. Both are far more expensive than GMs new, more fuel efficient sedan called the Cruze, which costs $16,995 and is similar in size to the Volt.

With the Cruze, you can get 40 miles per gallon (with the Eco version). The Volt offers 40 miles of electric range with a charge, and 300-miles more with a range-extending gas generator. The Leaf offers 100 miles of gas-free driving range between charges.

The Truth about Recharging Electric Vehicles

You'll be able to plug in anywhere, but without a special connector, you'll wait forever to recharge.

Kevin Bullis 07/13/2010

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One of the key selling points used by supporters of battery-powered electric vehicles, as opposed to say, hydrogen fuel cell vehicles, is that the infrastructure for delivering electricity already exists. This argument is a little misleading, though. Sure, there are outlets all over the place (although not along the street for apartment dwellers--but let's leave that aside for now). But if you want to use the full range of your electric car, it could take over a day to recharge using a standard 110-volt power outlet.

The point was driven home Monday in an article in The Wall Street Journal, which described Nissan's efforts to break through bureaucracy to make it easier for homeowners to get special electric vehicle charging stations installed. Nissan, which is coming out with an electric vehicle this year called the Leaf, is concerned that customers will be put off from buying the car by the 20 hours required to recharge it from a standard outlet to get its full 100-mile range. Currently, it can take weeks for cities to issue the necessary permits for a fast charger that can cut recharging time to eight hours, the article said, and the price for the special charger, including installation, will range from about $1,200 (with a tax credit) to several thousand dollars if a electric panel upgrade is needed.

Tesla Motors, the small automaker that went public last month to much fanfare, advertises a less than four-hour charging time for its Roadster, even though the car has a much longer range than the Leaf--245 miles per charge. But that's with a special "Home Connector" that costs about $2,000. Also, depending on the amperage of the circuit, charging could take up to six hours. Using a standard outlet for a full charge will require 37 to 48 hours, depending on whether it's connected to a 15 or 20 amp circuit. The good news is Tesla will sell a kit ($1,500) with a wide variety of adapters that will allow enterprising car owners to plug into a motel's air conditioner outlet (14.5 hours for a full charge), a dryer outlet (10 hours) or, if one is handy, an outlet for an electrical welder or RV (six hours).

The Chevrolet Volt, a plug-in hybrid coming out this year, only takes 10 hours to fully recharge with a standard outlet, but that's because it only has an electric range of 40 miles.

Most people actually won't need to use more than 40 miles of electric range in a day--that's less than the average daily drive in the United States. But potential electric car buyers may flinch knowing that they'll have to keep their car plugged in every moment it's not being driven in order to access the full range--or go through the hassle and expense of installing a special charger. This won't stop early adopters, but it could put off mainstream acceptance. So it could take even longer for them to catch on than hybrid vehicles, which after a decade still account for less than 3 percent of new car sales in the United States. Cities that want to promote electric vehicles should work with dealers to make installing fast-chargers both fast and cheap.

Tesla a Step Closer to Producing Its Electric Sedan

The company's IPO adds $226 million to its coffers.

Kevin Bullis 06/29/2010

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Tesla Motors, based in Palo Alto, CA, went public today, selling stocks to raise $226 million, according to Bloomberg.

The company sells the electric Roadster, which may be helping change perceptions of electric vehicles, which many have seen as underpowered. The Roadster can accelerate to 60 miles per hour in just 3.6 seconds.

Tesla plans to shift to producing an electric sedan, called the Model S, in coming years, but it doesn't expect to make money soon, which is why the successful IPO is a little surprising. The company also recently got a boost from Toyota, which agreed to work with Tesla on developing electric vehicles and to buy $50 million of Tesla's stock. It's also getting a $465 million load from the U.S. government, through the Department of Energy.

The next couple of years could be key for the company, which will face competition from major automakers such as GM and Nissan which plan to roll out electric vehicles two years before Tesla can started selling its luxury sedan.

Bio

Kevin Bullis is Technology Review’s energy editor.

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