article thumbnail

How does leasing an electric car work?

Drive Electric

When you lease a car, a finance company effectively buys it from the manufacturer and leases it to you for the duration of your contract. It’s a great way to drive a brand new car without having to finance the entire cost. It was only around 15 years ago that EVs could barely travel 50 miles before running out of juice.

article thumbnail

Greentech Media | ECOtality CEO: Fast Charging and Why Battery Swapping Is Doomed

Tony Karrer Delicious EVdriven

Currently, battery costs are one of the main barriers, but these barriers are declining as usage and production increase while new technologies and materials continue to push down costs. Electricity costs are relatively inexpensive. by: Jonathan Read, President and CEO, ECOtality June 24, 2008 ECOtality CEO Jonathan Read.

article thumbnail

Cleantech Blog: Smart Grids and Electric Vehicles

Tony Karrer Delicious EVdriven

People-Oriented Development Current Status of REDD Financing the Fifth Fuel Peak Phosphorus - Commence Urine Recyling on Space. Annual use of an EV should be less than the average cost of $8,000 per year for using a gasoline in many countries including the USA. Renewables That Even Coal-Based Utilities Can Love. 2:54 PM Anonymous said.

Grid 28
article thumbnail

Rapid Charging Electric Cars: How Fast, How Soon?

Tony Karrer Delicious EVdriven

For on-the-go juice ups, the idea is to exchange your dead battery for a fresh one owned by Better Place. Which scheme wins may depend (in addition to financing hurdles) as much on our driving habits and patience as on advances in technology. The thing that bothers me the most about Tesla is not the range or cost of driving an EV.

article thumbnail

Greenlings: Benefits of charging stations vs. battery swaps vs. home charging

Tony Karrer Delicious EVdriven

A couple of drawbacks to consider might be the capitalization costs of building these stations and the batteries that they would have to have in stock. Automotive.coms auto loan locator can help you get a lower new car finance rate. You could sit in your vehicle while the operation takes place. Battery swapping has its critics.

article thumbnail

Perspective: Why Carbon Emissions Should Not Have Been the Focus of the UN Climate Change Summit and Why the 15th Conference of the Parties Should Have Focused on Technology Transfer

Green Car Congress

This article discusses: (a) why the focus should have been on the transfer of proven renewable energy technology from developed to developing countries; and (b) how this technology transfer can be financed with currently available funds. But starting to raise immediate finance is more important than determining its exact future size.

article thumbnail

GM Says Chevrolet Volt Won't 'Pay the Rent' | Autopia from Wired.com

Tony Karrer Delicious EVdriven

It is simply the cost of doing business. "On some products, the costs, particularly in advanced technologies, are high," he said in a lengthy interview with Automotive News (free subscription required). A simple, clean, efficient EV that wont run out of juice because of its on-board gas generator.

Volt 41