Electric and Hybrid Vehicle System Research and Development Project: Hybrid Vehicle Potential Assessment. Volume VI. Cost analysis
The purpose of the cost analysis is to determine the economic feasibility of a variety of hybrid vehicles with respect to conventional vehicles specifically designed for the same duty cycle defined by the mission analysis. Several different hybrid configurations including parallel, parallel-flywheel, and series vehicles were evaluated. The ramifications of incorporating examples of advanced batteries, these being the advanced lead-acid, nickel-zinc, and sodium sulfur were also investigated. Vehicles were specifically designed with these batteries and for the driving cycles specified by the mission. Simulated operation on the missions yielded the energy consumption (petroleum and/or electricity) over the driving cycles. It was concluded that: in the event that gasoline prices reach $2.50 to $3.00/gal, hybrid vehicles in many applications will become economically competitive with conventional vehicles without subsidization; in some commercial applications hybrid vehicles could be economically competitive, when the gasoline price ranges from $1.20 to $1.50/gal. The cost per kWh per cycle of the advanced batteries is much more important economically than the specific energy; the series hybrid vehicles were found to be more expensive in comparison to the parallel or parallel-flywheel hybrids when designed as passenger vehicles; and hybrid vehicles designed for private use could become economically competitive and displace up to 50% of the fuel normally used on that mission if subsidies of $500 to $2000 were supplied to the owner/operator. (LCL)
- Research Organization:
- California Institute of Technology (CalTech), Pasadena, CA (United States). Jet Propulsion Lab. (JPL)
- DOE Contract Number:
- EM-78-I-01-4209
- OSTI ID:
- 5394754
- Report Number(s):
- CONS-4209-T1(Vol.6)
- Country of Publication:
- United States
- Language:
- English
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Related Subjects
HYBRID ELECTRIC-POWERED VEHICLES
ECONOMIC ANALYSIS
FEASIBILITY STUDIES
AUTOMOBILES
ELECTRIC BATTERIES
ENERGY CONSERVATION
FUEL CONSUMPTION
FUEL ECONOMY
GRAPHS
LIFE-CYCLE COST
NUMERICAL DATA
OPERATION
TABLES
COST
DATA
DATA FORMS
ECONOMICS
ELECTRIC-POWERED VEHICLES
ELECTROCHEMICAL CELLS
ENERGY CONSUMPTION
ENERGY STORAGE SYSTEMS
INFORMATION
VEHICLES
330400* - Advanced Propulsion Systems- Hybrid Systems