AJS - The Car Nut
AJS Newsletter Vol. XXXIII, num. 03 www.atlantajaguarsociety.org March, 2012 From our President By Bob Daly, President Do Electric Cars Make Economic Sense…maybe and it depends? Eric Bolling, Fox Business Channel's Follow the Money Editor, test drove the Chevy Volt at the invitation of General Motors. Here is his report: For four days in a row, the fully charged battery lasted 25 miles before the Volt switched to the reserve gasoline engine. Eric calculated the car got 30 mpg including the 25 miles it ran on the battery. So, the range including the 9 gallon gas tank and the 16 kWh battery is approximately 270 miles. It will take you 4 1/2 hours to drive 270 miles at 60 mph. Then add 10 hours to charge the battery and you have a total trip time of 14.5 hours. In a typical city drive, Eric assumed an average speed (including charging time) would be 20 mph. According to General Motors, the Volt battery holds 16 kWh of electricity. It takes a full 10 hours to charge a drained battery. The cost for the electricity to charge the Volt was $1.16 per kWh. 16 kWh x $1.16 per kWh = $18.56 to charge the battery. $18.56 per charge divided by 25 miles = $0.74 per mile to operate the Volt using the battery. Compare this to a similar size car with a gasoline engine that gets 32 mpg. $3.19 per gallon divided by 32 mpg = $0.10 per mile to operate a gasoline powered car. The gasoline powered car purchase price is about $15,000 while the Volt costs $46,000. So for now, and in this application, an electric car does not make economic sense. However, let’s take another look closer to home with Atlanta Jaguar Society member, Lew George’s, electric car experience. Lew has a Nissan Leaf. Lew lives in a downtown Atlanta condo and gets electricity at a reduced rate to charge his Leaf’s battery. He loves the Leaf and only drives his Jag when he leaves the city. So for Lew, and in this use, an electric car does make economic sense! [See Lew’s rebuttal on pages 5&6] Atlanta International Car Show I’ve composed newsletter articles about some of Jaguar’s new car introductions at the Frankfurt, Germany, Los Angeles, and Detroit Auto Shows. Now it is our time in Atlanta to see these new Jaguar models and prototype cars up front and in person at the Atlanta International Auto Show in March. I spoke with AJS Member and Nalley Jaguar salesman, Bill Clark, about the possibility of a group session just for AJS members. If Bill can work something out, our experience will be even more informative and enjoyable. There is more information about the Atlanta Auto Show in Kim Daly’s Activities column.