BMW will introduce the Concept Active Tourer plug-in hybrid for the first time in North America at the 2013 New York International Auto Show on 27 March. In addition to other introductions, the automaker will also showcase the diesel-powered BMW… Continue reading
Mitsubishi Motors Corporation (MMC) will begin the sales of the new Outlander plug-in hybrid electric vehicle (PHEV) at dealerships throughout Japan from 24 January 2013. The Outlander PHEV made its global debut at the Paris Motor Show earlier this year.… Continue reading
Study finds small battery PHEVs and straight hybrids the least-cost policy solution to reducing gasoline consumption
In an new study analyzing the cost-effectiveness of policies subsidizing electric-drive vehicle battery capacity and charging infrastructure installation to reduce gasoline consumption in the US, Scott Peterson and Jeremy Michalek of Carnegie Mellon University found that, under a wide range of scenarios, the least-cost solution is for more drivers to switch to low-capacity plug-in hybrid electric vehicles (PHEVs) or gasoline-powered hybrid electric vehicles (HEVs).
Comparing the subsidy necessary to achieve lifetime cost parity with the least-cost option for each vehicle class in the base case, they found that the maximum cost per gallon saved for increased all electric range (AER) is 5%–40% less than the minimum cost per gallon saved when installing charging infrastructure, depending on vehicle class. Looking forward as battery prices decrease and the AER resulting in maximum life-time cost savings increases, the relative value of plugging in multiple times throughout the day will also decline, they suggest. Their paper is available online in the journal Energy Policy. Continue reading