Electric cars has been a very interesting development of these past few decades, because of its impact on the technology, business and environmental aspects of our society. Traditionally, we have always been using gasoline to power our cars, but then the development of electric cars and hybrid cars allows us to power cars with not only gasoline, but also electricity. Electric car went from a period of time when they were only considered as an add on to the traditional gasoline cars because they were only able to run for a few miles. To today, where they can run up to about eighty miles, and there are cars solely running on electric. Consequently, the advancement of this technology also happens to contribute to the resurface of this issue,
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In the article Cost-effectiveness of plug-in hybrid electric vehicle battery capacity and charging infrastructure investment for reducing US gasoline consumption, Scott Peterson talks about these things, along with its cost effectiveness. This article explained details about the cost of charging the car compared to the oil it takes to go the same distance, and potential government subsidies to promote the usage of electric cars, with predictions of the effectiveness of them. As of 2011, is more expensive to drive an electric car, Peterson explained “Currently, is more expensive to both develop public charging facilities and improve battery capacity.” However, Peterson predicts that as battery capacity increases and as the economic state fluctuates, the average cost to drive an electric cars will decrease, and soon will be less expensive than gasoline cars. Then it explained different subsidy policies such as gasoline displacements, and how they target positive externality. Lastly, it branches off to gasoline savings, and how the future market will be favorable for electric cars. Similar to Sabel’s article, Peterson talks about how electric cars are worth investing in, and should be incentivized because their potential to further benefit the society. Additionally, they both explore parts of the electric cars that can still be improved upon, and then described what electric has the most impact on in their corresponding aspects. Though they do differ in what they focus on, Sabel is focused on the environmental and health issues, while Peterson focused on the business aspect, and how much will it cost the consumers to drive electric
In the article Cost-effectiveness of plug-in hybrid electric vehicle battery capacity and charging infrastructure investment for reducing US gasoline consumption, Scott Peterson talks about these things, along with its cost effectiveness. This article explained details about the cost of charging the car compared to the oil it takes to go the same distance, and potential government subsidies to promote the usage of electric cars, with predictions of the effectiveness of them. As of 2011, is more expensive to drive an electric car, Peterson explained “Currently, is more expensive to both develop public charging facilities and improve battery capacity.” However, Peterson predicts that as battery capacity increases and as the economic state fluctuates, the average cost to drive an electric cars will decrease, and soon will be less expensive than gasoline cars. Then it explained different subsidy policies such as gasoline displacements, and how they target positive externality. Lastly, it branches off to gasoline savings, and how the future market will be favorable for electric cars. Similar to Sabel’s article, Peterson talks about how electric cars are worth investing in, and should be incentivized because their potential to further benefit the society. Additionally, they both explore parts of the electric cars that can still be improved upon, and then described what electric has the most impact on in their corresponding aspects. Though they do differ in what they focus on, Sabel is focused on the environmental and health issues, while Peterson focused on the business aspect, and how much will it cost the consumers to drive electric