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CalCars and PHEVs Frequently Asked Questions

Tony Karrer Delicious EVdriven

Despite this, a 2003 EPRI study , assuming only $2/gallon gas , zero buying incentives, and a PHEV premium of $3-$5,000 more than standard hybrids, shows that the total lifetime cost of ownership for a PHEV will be lower than that of any other vehicle type -- so the payback will be there. The EPRI says lithium-ion batteries are ready now.

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Why Warren Buffett is investing in electric car company BYD - Apr. 13, 2009

Tony Karrer Delicious EVdriven

MidAmericans David Sokol, BYDs Wang, and company advisor Li Lu flew with Sokol from Detroit to Omaha so that Wang could meet Buffett in person. Wang entered the automobile business in 2003 by buying a Chinese state-owned car company that was all but defunct. The E6 will hit the Chinese market later this year.

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