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ELECTRIC VEHICLES - Facts and figures
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EVs are not a new concept: 100 years ago, there were more electric cars than gas cars. |
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Enough excess generating capacity exists at night in the U.S. to charge 180 million EVs without adding any new capacity . (Source: U.S. Department of Energy) |
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Plug-in cars capable of 50 miles per day would meet the needs of 80% of the American driving public. (Source: U.S. Department of Transportation) |
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Compared to gas car drivers, European EV drivers save €5 every 100 km (equivalent to $10 every 100 miles) |
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Replacing a gasoline-powered car with a similar-size electric car in China would already reduce greenhouse emissions by 19%. With the electricity coming from renewable sources, the win would be really greater. (Source: McKinsey & Co) |
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The United States Government finance the sale of a zero-emissions vehicle with $7,500 |
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The United States launched a grant program injecting $2.4 billion to EV related companies (mostly related to battery technology) in August 2009. |
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Warren Buffet paid $230 million for a 10% stake in BYD, China's biggest EV manufacturer. |
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There are 247 million registered vehicles in the US today and only 54 million home garages (22%); most cars are not parked in garages at night. (Source: U.S. Department of Energy) |
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As an example, in San Francisco only 1 in 6 cars is parked in a private garage at night. |
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And EVs get an enthusiastic Presidential support: |
2010 CgV Capital Advisors