Our Detailed Cost Savings Calulator is currently under development. Here are some market cost saving detils:
If you can travel 25 miles on 5kWh of electric power, that means it cost you something like 40 cents to cover the same distance (@ 8 cents/kWh) it takes a gallon of gasoline at $2 and $3 a gallon at current (2006) prices. And if you recharge your electric car from solar panels, like many EV owners in California do, your per mile costs are even less and the payback period on your solar panels dramatically shorter because now you're replacing not relatively cheap grid power, but increasingly expensive gasoline. In the process, you're helping the environment and saving yourself a lot of money for decades to come. -evworld.com
BEV's never needs an oil change. It never needs new spark plugs. Since it gets most of its stopping power from a regenerative braking system, brake pads and rotors last several times longer than those in an ICE-powered car. Since electric motors have much more torque at lower speeds when compared to ICEs, transmissions in electric vehicles can be drastically simplified. The simplified drivetrain in an EV not only makes it more reliable, it also results in much lower maintenance costs.
-ezinearticles.com
Important Acronyms:
Electric Vehicle - Any vehicle that uses electricity to provide some or all of the power to its wheels.
Internal Combustion Engine - The smog-belching, globe-warming automobile power plants used in the dark ages of the 20th Century.
Kilowatt*hour - A unit of energy equal to 1000 watt*hours. A 100 Watt light bulb burning for 10 hours uses 1kWh of energy.
Lithium-Ion - A battery chemistry which allows EVs to travel much further on a single charge of the battery pack, relative to older battery technologies.
Nickel-Metal Hydride - A proven battery technology which has been used in EVs for many years.
Plug-In Hybrid Electric Vehicle - A vehicle with an electric motor and a battery pack that can be charged from a home electrical system, but which also has an on-board ICE and fuel tank which can power the car if the battery pack is drained.
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