01 Jun 10 Increasing Value Of Electric Cars
Al Gore, Rick Wagoner, Tom Friedman, our President Elect, Barack Obama, and many more celebrities are all immensely favoring and supporting a wholesale changeover from fossil fuel driven cars to electrically powered automobiles.
Lithium Ion battery is the basis of faith. These batteries are very expensive, are heavy, must be replaced after several years, and require hours for recharging. Lithium is not widely available in the US and must be imported.
Electric cars perform admirably. They do not emit greenhouse gases directly, can be designed to accelerate well, and are very quiet. The dependence on imported petroleum can be reduced and the payments to oil producing countries will be lessened, so the Electric cars are considered by many as the secret weapon.
US citizens will buy roughly 15 million cars to replenish and grow the US inventory of nearly 250 million used cars, in a good year. To replace most of this inventory with new models, It may take anywhere from twelve to fifteen years. Initially to stay on top of performance and warranty issues, The Volt, the first electric car produced by General Motors, will likely be leased in small numbers. Optimistically, we can assume that GM and other car companies will sell more than 2.5 million electric cars during the next ten years. Replacing 250 million cars will take a few decades longer.
At the same time the US is looking at a population growth of another 100 million residents during the next fifty years. Under the most optimistic assumptions we can expect to in the long run see 150 million electric cars and 150 million liquid fuel powered cars in use by 2050.
Rider cars are responsible for only 45% of present liquid fuel consumption. Electric cars may be able to save 25% of petroleum imports eventually, under the most favorable conditions and assumptions. Liquid fuel consumption for other uses will certainly increase during this time. Optimistically, we may expect that electric cars can cut liquid fuel consumption by 20% in 2050.
Victor Falcon is an author,and expert in using Green Energy to Increase Fuel Efficiency.Click Here for Guaranteed Fuel Efficiency Technology!.
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Tags: Alternative Energy, bio fuel, DIY SOlar Power, DIY WInd Generator, electric car, HHO, Renewable Energy, Solar, Technology, Wind Energy
