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Batteries: Lower cost than gasoline?


  • Werber, Mathew
  • Fischer, Michael
  • Schwartz, Peter V.


We compare the lifecycle costs of an electric car to a similar gasoline-powered vehicle under different scenarios of required driving range and cost of gasoline. An electric car is cost competitive for a significant portion of the scenarios: for cars of lower range and for higher gasoline prices. Electric cars with ~150Â km range are a technologically viable, cost competitive, high performance, high efficiency alternative that can presently suit the vast majority of consumers' needs.

Suggested Citation

  • Werber, Mathew & Fischer, Michael & Schwartz, Peter V., 2009. "Batteries: Lower cost than gasoline?," Energy Policy, Elsevier, vol. 37(7), pages 2465-2468, July.
  • Handle: RePEc:eee:enepol:v:37:y:2009:i:7:p:2465-2468

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    References listed on IDEAS

    1. Fischer, Michael & Werber, Mathew & Schwartz, Peter V., 2009. "Batteries: Higher energy density than gasoline?," Energy Policy, Elsevier, vol. 37(7), pages 2639-2641, July.
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    Cited by:

    1. Ernst, Christian-Simon & Hackbarth, André & Madlener, Reinhard & Lunz, Benedikt & Uwe Sauer, Dirk & Eckstein, Lutz, 2011. "Battery sizing for serial plug-in hybrid electric vehicles: A model-based economic analysis for Germany," Energy Policy, Elsevier, vol. 39(10), pages 5871-5882, October.
    2. Doucette, Reed T. & McCulloch, Malcolm D., 2011. "Modeling the CO2 emissions from battery electric vehicles given the power generation mixes of different countries," Energy Policy, Elsevier, vol. 39(2), pages 803-811, February.
    3. Gnann, Till & Plötz, Patrick, 2015. "A review of combined models for market diffusion of alternative fuel vehicles and their refueling infrastructure," Renewable and Sustainable Energy Reviews, Elsevier, vol. 47(C), pages 783-793.
    4. Fontaínhas, José & Cunha, Jorge & Ferreira, Paula, 2016. "Is investing in an electric car worthwhile from a consumers' perspective?," Energy, Elsevier, vol. 115(P2), pages 1459-1477.
    5. Israel García & Luis Javier Miguel, 2012. "Is the Electric Vehicle an Attractive Option for Customers?," Energies, MDPI, Open Access Journal, vol. 5(1), pages 1-21, January.
    6. Hidrue, Michael K. & Parsons, George R., 2015. "Is there a near-term market for vehicle-to-grid electric vehicles?," Applied Energy, Elsevier, vol. 151(C), pages 67-76.
    7. Fischer, Michael & Werber, Mathew & Schwartz, Peter V., 2009. "Batteries: Higher energy density than gasoline?," Energy Policy, Elsevier, vol. 37(7), pages 2639-2641, July.
    8. Han Hao & Michael Wang & Yan Zhou & Hewu Wang & Minggao Ouyang, 2015. "Levelized costs of conventional and battery electric vehicles in china: Beijing experiences," Mitigation and Adaptation Strategies for Global Change, Springer, vol. 20(7), pages 1229-1246, October.
    9. Hirte, Georg & Tscharaktschiew, Stefan, 2013. "The optimal subsidy on electric vehicles in German metropolitan areas: A spatial general equilibrium analysis," Energy Economics, Elsevier, vol. 40(C), pages 515-528.
    10. Zhang, Xiang, 2014. "Reference-dependent electric vehicle production strategy considering subsidies and consumer trade-offs," Energy Policy, Elsevier, vol. 67(C), pages 422-430.


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