What Would Make an All-Electric Car Appeal to the Masses?
It’s widely assumed that the car of the future will be powered by gasoline. At least partly powered by gas, that is, and at least for the near future. When, if ever, will the pure-electric car — one powered solely by battery, without a drop of gas — go mainstream?
Much will have to happen before purely electric vehicles (EVs) will appeal to the masses. For now, auto observers foresee a much rosier future for gas-electric hybrids such as the Chevy Volt and the Honda Accord Plug-In — which can be driven a limited number of miles on electric power before a gas engine takes over — than for plug-ins like the Nissan Leaf, which operate solely on electricity. In a new report from the advisory company KPMG, auto-industry executives were asked to name the electric-vehicle technology that they thought would generate the most interest among consumers. The most popular answer was the plug-in hybrid, the category that includes the Volt. More than one-third of those surveyed (36%) said so, compared with 21% who gave that answer in the previous year’s poll.
By contrast, faith in the future of purely battery-powered EVs is waning; just 11% of executives pointed to the category as the top electric-car technology of the next decade, down from 16% the year before.
The limited driving range of the Leaf and its niche battery-powered cohorts are some of the main factors stopping consumers from buying into the technology. Drivers are also turned off by the high initial price of EVs. But the technology is changing, as technology is wont to do. The equation regarding the cost-effectiveness of EVs is changing as well. In a story in this week’s TIME, I wrote about how new electric cars — and newly lower prices for existing EVs like the Nissan Leaf — may attract more drivers to check out plug-in vehicles.
1What You Should Save By 35, 45, and 55 To Be On Target
25 Things You Should Absolutely Never Put on a Resume
3The Right Way to Cancel a Credit Card
4The Best Times to Buy Clothing
5Toy Craze Explained: A Zhu Zhu Pet Hamster Is Like a “Viral Infection”