FACTORS AFFECTING THE COMMERCIALIZATION OF ELECTRIC AND HYBRID VEHICLES

Factors affecting commercialization of electric and hybrid vehicles (ehvs) were investigated, and the economic and financial aspects of the commercialization process were evaluated. Societal institutions which can both help and hinder acceleration of commercialization were studied. The role of the DOE ehv demonstration program in promoting this commercialization was examined. It was concluded that: the ehv market demand established by the demonstration program would be a major stimulus to present and potential producers; federal planning grants and loan guarantees will provide financial incentive to small business producers; the market subsegment most appropriate for EV use is in the commercial, urban, light-load delivery fleet; existing-technology, passenger eVs are not economically competitive with internal combustion engine vehicles (ICVs), and will not be until advanced battery technology lowers battery costs and EVs are produced in sufficient quantity that production costs--and, therefore, market prices--are competitive with those of new, subcompact automobiles; and existing financial, insurance, and legal institutions will support the sale and use of ehvs, but performance must be improved if EHVs gain unrestricted license to use public roadways in the U.S. (ERA citation 04:034128)

  • Corporate Authors:

    Purdue University

    Institute for Interdisciplinary Engineering Studies
    West Lafayette, Indiana,   United States  47907

    Interdisciplinary Engineering Studies.*Department

    ,    
  • Publication Date: 1978-10

Media Info

  • Pagination: 185 p.

Subject/Index Terms

Filing Info

  • Accession Number: 00198440
  • Record Type: Publication
  • Source Agency: National Technical Information Service
  • Contract Numbers: EC-77-S-02-4250
  • Files: TRIS
  • Created Date: Oct 17 1979 12:00AM