G E Bl George E. Blomgren Blomgren Consulting Services Ltd. L k d ...

Conclusions 2• All electric vehicles will develop much more slowly• Range anxiety is a major factor at present and will require a lotof consumer education• Range limitations are no different dff from running out of gas, but thecharging times require major infrastructure development toaccommodate the motorist with high power charging stations andcars equipped to handle it• Li ion battery cost is the limiting feature to any consumeracceptance. Payback times for electric vs. gasoline are far toolong at present• Japan and Korea present formidable competition to UScompanies in battery manufacturing for vehicles• China will probably devote its production to domestic use forsome time to come