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Topic : university-of-california-berkeleys-center-for-entrepre


UC Berkeley study sees mass-market adoption of electric cars

July 13th, 2009

From Green Right Now Reports

A study released today by the University of California-Berkeley’s Center for Entrepreneurship & Technology predicts there would be rapid adoption of electric vehicles, assuming the ownership of the battery is separated from the vehicle.

Overall, the study finds that electric cars with separate battery ownership are not only more affordable than gasoline-powered cars, but that incorporating their financing into a network service contract will overcome the range limitations inherent to fixed-battery electric vehicles.

The new study predicts that electric vehicles with this type of pricing will account for 64 percent of light vehicle sales and comprise 24 percent of the U.S. light-vehicle fleet by 2030. This level of adoption is made possible by the lower purchase price and reduced per-mile driving cost of electric cars with switchable batteries as compared to gasoline-powered cars.

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