Will electric vehicles be cheap enough to be competitive in today’s market?



  1. 0 Votes

    Soon.  The Ford Focus EV, promised to be affordable and mainstream, is due out at the end of 2011.  The Nissan Leaf, due out this year and widespread in 2011, is supposed to be affordable although estimates put it around $30,000, so it is certainly not “cheap”.  The BG C100 is $16,000-$18,000 (http://www.bgelectriccars.com/) and is out now.  The Flybo, a Chinese SmartCar knockoff, goes for about $10,000 although it is mostly marketed to gated communities as it is quite small and probably unsafe on highways.  The Coda (http://www.greenbiz.com/blog/2009/12/09/almost-affordable-electric-car) goes for $37,500 after a $7,500 rebate.

    So, with a little time, these cars will enter the market and will have to keep prices down to be competitive.  Toyota believes that the electric vehicle technology is too expensive to be mainstream and thus has been putting most of its effort into hybrid and fuel cell technology.

  2. 0 Votes

    I think so. The issue for me would be whether there will be enough charging stations in my town. I know that some of the cars out now are kinda pricey, but so are other specialty and luxury cars. It’s not like  $30,000 car is outrageously priced.  A lot of people could afford that. The price will probably go down when there is more demand for them. it’s all about changing public perception of the cars. 

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