Gas prices are going up. We realize this is an obvious statement because you buy gas and you pay attention.
But maybe you aren't paying as much attention as you thought you were. Did you realize that gas prices have gone up 46% in the last year? A year ago, gas prices were at $1.96 on average, nationwide. A year later, prices sit at $2.86 per gallon.
The problem is, we've become so used to gas prices in the $3/gallon neighborhood and were beaten down when gas prices hit $4/gallon over the summer that a year passes and we are OK with prices regularly being in this range. We're immune to it.
Well, your friends at TrueCar have found a way to help you fight back.
We dug into our vast collection of data and pulled out a real series of gems for you. We assembled a list of the Top 10 2009 and 2010 hybrid vehicles. But, we haven't ranked them by which hybrids have the coolest navigation system or the best ad campaign. Nope...we ranked them by which Hybrid is going to get you the most smoking hot discount. These are the hybrids that dealers are - right now - discounting the most.
These deals include all of the incentive money currently being offered, including manufacturer and dealer incentives and federal tax credits. Deals are ranked by the final selling price, or the average discount dealers deduct from sticker price.
The majority of European countries give tax rebated to hybrid cars buyers in an effort to stimulate hybrid car sales, or even VAT breaks, owners paying only 50% of the car's price or even a bonus of up to 6,400 euros, while in Netherlands, hybrid car drivers pay half of all road taxes.
In Switzerland, fuel-efficient car buyers benefit of various types of discounts, depending on the hybrid car they purchase. For Type A hybrids, buyers pay a 50% lower VAT of the car's value, while for Type B they are given a 5,000 Swiss francs discount, and for Type C, the discount is of 1,000 CHF (650 euros).
Italy offers a 2,800 euro rebate to buyers of eco-friendly cars.
Spain is being divided in two regions, Andalusia and Castilla Leon, the discounts being 2,000 euros and 1,890 euros respectively.
In Belgium, the tax rebates for fuel-efficient cars depend on the CO2 emissions level, below 105g/km or below 115g/km, the rebates ranging between 15% and 3%.
In Greece, no taxes are levied for hybrid cars, while in Slovenia, the buyers pay taxes only for cars with CO2 emissions below 110g/km.
In France, the hybrid car owners benefit of 2,000 euro discount of the car price in case of natural persons, or 700 euros in case of companies.
In Portugal, all taxes incurred when purchasing a new vehicle are cut to half in case of hybrid cars.
Netherlands offers a 6,400 bonus depending on the performances of the hybrid car. Hybrid car owners pay half of all road taxes.
In Luxemburg, for a hybrid with CO2 emissions below 120g/km the owner benefits of a 750-euro discount.
Sweden offers discounts of up to 1,000 euros to natural persons when purchasing a hybrid car with CO2 emissions below 120 g/km, and offers a 40% tax rebate to companies.
In Austria, under a bonus-malus system, cars emitting less than 120g/km and running more than 1km on electric engine mode receive a maximum bonus of 500euros. Cars emitting emitting less than 120g/km attract a bonus of 300 euros.
German citizens are tax exempted for two years, if they own a Euro5 hybrid car or for one year if they own a Euro4 car.
In Romania, not taxes are charged when purchasing a hybrid, electric or Euro-5 vehicle.
2011 Chevrolet Volt - First Li-Ion pack off the assembly line - OEM cost is unknown at this time.
A study released by the Boston Consulting Group revealed that even though BEV battery costs are expected to fall sharply over the coming decade, they are unlikely to drop enough to spark widespread adoption of fully electric vehicles without a major breakthrough in battery technology.
The study concludes that the long-term cost target used by many carmakers in planning their future fleets of electric cars ($250/kWh) is unlikely to be achieved unless there is a major breakthrough in battery chemistry that substantially increases the energy density without significantly increasing the cost of either battery materials or the manufacturing process.
"Given current technology options, we see substantial challenges to achieving this goal by 2020," said Xavier Mosquet, Detroit-based leader of BCG's global automotive practice and a coauthor of the study. "For years, people have been saying that one of the keys to reducing our dependency on fossil fuels is the electrification of the vehicle fleet. The reality is, electric-car batteries are both too expensive and too technologically limited for this to happen in the foreseeable future."
Most electric cars in the new decade will use Li-Ion batteries citing the current cost of similar Li-Ion batteries used in consumer electronics (about $250 to $400 per kWh). Many OEMs have projected the cost of an automotive Li-Ion battery pack will fall from its current price of between $1,000 and $1,200/kWh to between $250 and $500 per kWh once manufacturing economies of scale are achieved. BCG, however, points out that consumer batteries are simpler than car batteries and must meet significantly less demanding requirements, especially regarding safety and life span. So actual battery costs will likely be higher than what carmakers predict.
Despite this cost challenge, the report projects steady growth for HEVs, PHEVs and BEVs and the batteries that power them.
Under the most likely scenario, BCG estimates that 26 percent of the new cars sold in 2020 in the major developed markets (China, Japan, the United States, and Western Europe) will have all-electric or hybrid power trains. That same year, the market for electric-car batteries in those regions will reach $25 billion.
"This burgeoning market will be about triple the size of today's entire lithium-ion-battery market for consumer applications such as laptop computers and cell phones," said Mosquet, noting that the forecast applies to all the components sold to OEMs for battery packs.
To show how battery costs will decline, BCG uses the example of a typical supplier of Li-NI-CO-AL (NCA) batteries-one of the most prominent technologies for automotive applications. BCG's analysis suggests that by 2020, the price that OEMs pay for NCA batteries will decrease by 60 to 65 percent, from current levels of $990-$1,220 per kWh to $360-$440 per kWh. So the cost for a 15-kWh NCA pack would fall from around $16,000 to about $6,000. The price to consumers will similarly fall, from $1,400-$1,800 per kWh to $570-$700 per kWh-or $8,000-$10,000 for the same pack.
"Even in 2020, consumers will find this price of $8,000 to $10,000 to be a significant part of the vehicle's overall cost. They will carefully evaluate the cost savings of driving an electric car versus an ICE-based car against the higher up-front cost," explained Massimo Russo, a Boston-based partner and coauthor of the report. "It will be a complex purchase decision involving an evaluation of operating costs, carbon benefits, and potential range limitations, as well as product features."
Beyond costs, other key challenges facing BEV/PHEV/HEV battery market are energy storage capacity, charging time, and infrastructure needs. BCG believes that pending a major breakthrough, batteries will continue to limit the driving range of fully electric vehicles to 160-190 miles between charges. As a result, fully electric vehicles that are as convenient as ICE-based cars-meaning that they can travel 300 + miles on a single charge and can recharge in a matter of minutes-are unlikely to be available for the mass market by 2020.
"In view of the need for a pervasive infrastructure for charging or swapping batteries, the adoption of fully electric vehicles in 2020 may be limited to specific applications, such as commercial fleets, commuter cars, and cars that are confined to a prescribed range of use," the report concludes.
The report, titled Batteries for Electric Cars: Challenges, Opportunities and the Outlook to 2020, is a companion piece to a report BCG published in January 2009 on the future of alternative power-train technologies (The Comeback of the Electric Car? How Real, How Soon, and What Must Happen Next). The new report's findings are based on a detailed analysis of existing e-car battery research and interviews with more than 50 battery suppliers, auto OEMs, university researchers, start-up battery-technology companies, and government agencies across Asia, the United States, and Western Europe. The report also draws on the firm's extensive work with auto OEMs and suppliers worldwide.
What did the BCG group miss? Currently, Chinese sourced 2.3 kWh Li-PO packs are available retail for $1,036 or $450/kWh today through Enginer. These are not yet OEM quality chemistry but they are OEM capable and if these can be manufactured for this price retail, wholesale to an OEM is going to be just 1/2 to 1/3 of this.
The function of the battery in a HEV may be varied. The battery may be a major power source, or may be used in conjuction with the primary power source(s) to level out the supply of power to the drivetrain. As a consequence, the amount of battery power aboard a HEV may vary between a single battery to a pack of many batteries connected together. When using batteries as a primary source of power, the HEV designer becomes concerned with the mass and volume of the battery pack required to meet the power and energy needs of the vehicle. The drive to achieve high power and energy densities have led the HEV community to investigate many types of batteries. These new battery types also promise greater cycle depth, power and energy capacity.
The decision as to which battery type to use in a HEV application depends on how well the characteristics of that battery match the needs of the HEV design. The battery characteristics of most concern to the HEV designer are:
The battery capacity is a measure of how much energy the battery can store. Batteries do not simply serve as a bucket into which one dumps electricity and later extracts it. The amount of energy that can be extracted from a fully charged battery, for instance, depends on temperature, the rate of discharge, battery age, and battery type. Consequently it is difficult to specify a battery's capacity with a single number. There are primarily three ratings that are used to specify the capacity of a battery:
The Amphere-hour (Ah) denotes the current at which a battery can discharge at a constant rate over a specified length of time. For SLI (starting-lighting-ignition) batteries that are commonly used in cars, the standard is to specify Ampere-hours for a 20 hours discharge. This standard is denoted by the nomenclature of C/20. A 60 Ah C/20 battery will produce 60 Ah for a 20 hour discharge. This means that the new and fully charged battery will produce 3 Amps for 20 hours - it does not mean that the battery can produce 6 Amps for 10 hours (that would be signified by a C/10 60 Ah rating).
Reserve Capacity:The reserve capacity denotes the length of time, in minutes, that a battery can produce a specified level of discharge. A value of 35 minutes at 25 Amps for the reserve capacity for a battery means that the fully charged battery can produce 25 Amps for 35 minutes.
The kWh capacity metric is a measure of the energy (Volt * Amps * Time) required to fully charge a depleted battery. A depleted battery is usually not a fully discharged battery; a 12 V car battery is considered depleted when its voltage drops to 10.5 V. Similarly, a 6V battery is usually considered depleted when its voltage drops to 5.25 V.
None of these capacity ratings completely describe the capacity of a battery. Each one is a measure of the capacity under specific conditions. The performance of a battery in an actual application may vary substantially due to different discharge/recharge rates, battery age, cycle history, and/or temperature.
There are many types of batteries that are currently being used - or being developed for use - in HEVs. The following table lists these types along with their common characteristics. The types are listed in descending order of popularity for use in HEVs, with the most popular choices at the top of the table. Typically the Energy Density, sometimes called Specific Energy, is rated at the C/3 rate (i.e. 3 hour discharge). Typical conditions for the Power Density or Specific Power rating is a 20 second discharge to 80% DOD. Cycle life is usually measured at 80% DOD.
A brief description of each battery type follows:
There are several other battery types that researchers have considered for HEVs, but their use are not common. These include, listed with their major strengths and weaknesses:
Battery performance is highly dependent on temperature. Each type of battery works best within a limited range of temperatures. Concerns related to battery temperature include:
Poor energy and power extraction performance for temperatures outside of operating temperature range.
Thermal runaway-during high power extraction the temperature of the battery increases which makes further power extraction more difficult which causes subsequent increases in temperature, and so on long heat up times before battery reaches operating temperature-this is a concern for ambient temperature batteries such as lead-acid in cold environments and also for batteries such as lithium/polymer-electrolyte which requires an operating temperature that is elevated above ambient the battery temperature can change with changing current flowing through the internal resistance of the battery. The internal resistance can vary with the changing state of charge (SOC) of the battery. The temperature of battery can also be quite different between different cells since the cells in the center are more insulated from outside convective cooling than the cells at the ends/edges. Consequently, the cells in the center may see a higher temperature rise than the ones near the outer boundaries of the battery package.
The impact that temperature exerts on battery capacity can be explained with a simple model of the battery electrochemistry. As the temperature increase towards the peak-performance-operating temperature the electrolyte viscosity decreases, thus allowing for increased diffusion of ions and hence increased battery performance. As the temperature increases past this peak point, the battery electrodes begin to corrode - thus leading to a reduced "active" electrode area and thus to fewer electrode reactions and reduced battery capacity.
Corrosion is the main component behind decreased performance in lead acid type batteries by age.
Batteries are able to maintain their performance longer when they are not deeply discharged regularly.
Gas prices. (2017, Jun 26).
Retrieved November 17, 2024 , from
https://studydriver.com/gas-prices/
A professional writer will make a clear, mistake-free paper for you!
Get help with your assignmentPlease check your inbox
Hi!
I'm Amy :)
I can help you save hours on your homework. Let's start by finding a writer.
Find Writer