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U.S. Department of Energy
Office of Scientific and Technical Information

Electric car: is it still the vehicle of the future

Technical Report ·
OSTI ID:5609996
An analysis of electric and internal combustion engine (ICE) cars of equivalent performance shows that, even with advanced batteries, the electric vehicle would be much more costly to run (23 cents/mile vs 16 cents/mile) than the ICE car. The electric vehicle, of course, would not use gasoline, thus reducing the nation's dependence on imported oil; however, the cost of oil saved in this way would be about $190/bbl, and the same result could be achieved at about one-quarter the cost by manufacturing synfuels from domestic coal or oil shale. A similar analysis of some proposed hybrid electric vehicles indicates that they are also more costly to operate than an equivalent conventional vehicle, although by a smaller margin (25 cents/mile vs 21 cents/mile). The cost of oil saved by the use of hybrid vehicles is also lower ($95/bbl), although it is still much more than the projected cost of synthetic fuels. The key to improving the economics of the electric vehicle is to increase battery life or lower battery costs.
Research Organization:
Oak Ridge National Lab., TN (USA)
DOE Contract Number:
W-7405-ENG-26
OSTI ID:
5609996
Report Number(s):
ORNL/TM-7904; ON: DE81030437
Country of Publication:
United States
Language:
English