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ECONOMICS OF ELECTRIC CARS.


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ECONOMICS OF ELECTRIC CARS Keith Hungerford, BSc, BE Bathurst, 2009 Declaration All care has been taken in the preparation of this presentation No responsibility will be accepted for any conclusions you draw Electric car facts and issues
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Slide 1

Financial matters OF ELECTRIC CARS Keith Hungerford, BSc, BE Bathurst, 2009

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Declaration All consideration has been taken in the arrangement of this presentation No obligation will be acknowledged for any decisions you make

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Electric auto realities and issues Electric autos are one answer for “Zero Emission Vehicles” – vehicles that deliver no emanations as they drive Electric autos can have a zero Carbon Footprint if charged from Green Electricity Most real makers have R&D ventures under way, some have item in the pipeline In Australia strictly when market changes are as of now accessible – both New and Used In the UK and USA new electric vehicles are available. Not in Australia because of resistance with Australian Design Rules. Significant issues are Range and Cost (between related)

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Range issue (demonstrative)

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Range prerequisites Majority of rural trips are accounted for to be around 5 km – extremely good with electric auto capacities Many autos are likewise utilized for periodic augmented adventures – a noteworthy issue for electric autos Analysis of financial matters in view of a blend of “Commute” and “Maximum” ventures

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Analysis technique Calculation of Electric vehicle expenses including change and operation 40 presumptions of differing unwavering quality Data acquired from Internet – AEVA, ZEVA, and so on. Marked down income examination of similar Petrol and Electric vehicles Specific travel model – for the most part driving with some more weekend adventures

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Assumptions 1

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Assumptions 2

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Assumptions 3

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Assumptions 4

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Basic model result outline

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Discounted income investigation

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Things to consider Expect fuel costs to ascend after some time (model blows up them at eg 7% dad) Expect battery costs to fall after some time (model has them consistent) New off-the-rack electric autos will get to be accessible in the following year or two, and show signs of improvement as the business develops In Australia new and second hand transformations are accessible now

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More things to consider Electric autos are currently savvy for particular voyage designs If energize at both closures of the day by day venture (eg at Home and at Work) parts the drive run and enhances financial aspects Max venture (non-drive trip) overwhelms plan prerequisite and expenses

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Sustainability Zero carbon discharges if charged from renewable vitality Long life, low upkeep engine may diminish hugeness of vitality implanted in the vehicle structure Battery components ought to all be recyclable (needs reusing system)

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Ancillaries on retrofit vehicles Power controlling – pick base vehicle with electric force directing Brake promoter - ? Petrol vehicles use gulf complex vacuum, not accessible in electric Air molding – power ravenous, constant revolution required On board battery charging

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Primary components LiFePO4 (LFP) batteries now give best execution/economy blend Lead Acid batteries OK for short range use (overwhelming, low vitality per kg and constrained life) AC engine better than DC and gives regenerative braking to more range in sloping nation or city driving, yet more lavish High battery voltage requires legitimate wellbeing establishment

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Competitors Plug-in Hybrids – use electric matrix vitality for short voyages, petrol for more ones Compressed air autos – should be reason manufactured structure, range TBD Hydrogen/energy unit – suspicious at present, most H 2 generation now fossil based Cycling with or without electric help a decent option for short adventures and more solid

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Where to purchase? Australian Electric Vehicle Association – see their site www.aeva.org.au/connections Zero Emission Vehicles Australia – see their site www.zeva.com.au/joins Blade Electric Vehicles (changed over new Hyundai Getz www.bev.com.au Mitsubishi iMiEV http://www.mitsubishi-motors.com/exceptional/ev/whatis/index.html

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Conclusions This innovation is accessible now and is savvy for some excursion designs Two (or more) auto families will probably get great financial matters Expect proceeding with upgrades and extension of the practical adventure designs

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Mini Minor transformation

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For more photographs and data on this change visit www.killawatt-