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U.S. Oil Rig Count Climbs To A 10-Month High

U.S. Oil Rig Count Climbs To A 10-Month High

The Baker Hughes rig count…

Four EVs that Offer an Affordable Alternative to Tesla

Tesla’s success has been well covered by the media of the past month or so, but not everyone is willing to pay the $60,000 to $90,000 price need to buy the Model S in order to own a decent EV. CNNMoney has written an interesting slideshow based article on four Electric Vehicles that can provide an affordable alternative to the Tesla Model S. I have provided a brief summary of the article below.

Paying for EV’s on a long term lease is actually a very popular method of purchase at the moment, and considering that the manufacturer is able to take the $7,500 federal tax credit for the sale it immediately reduces the monthly payments to a reasonable level.

All of the following EV’s are available on a 36 month lease of $199 per month, with an initial down payment of $999.

Fiat 500e

Related article: DoE Lost Billions in Deal with Tesla

The Fiat 500 is one of the most popular small cars out there. The 500e offers a range of around 87 miles, and leases for almost the price as the petrol version. The only downside is that at the moment it is only available in California.

Chevrolet Spark EV

The Chevrolet Spark is the smallest car that Chevy produces, and whilst it only provides a pitiful 84 horsepower and 83 foot-pounds of torque, the EV version puts down 130 horsepower and 400 foot-pounds of torque, making it quite a bit more powerful.

Smart Electric Drive

The Smart Four-Two is popular around the world, especially in built up areas, due to the compact size of the car that makes it doddle to drive around the city and park in tight spaces. The EV version, known as the Electric Drive, only offers a range of 68 miles, a bit less than most other EVs, but 68 miles is still more than most Americans drive each day, so for general daily use the smaller range should have no effect. The Smart Electric Drive is also one of the few EVs that is available all over the US.

Related article: Using an MOF to Produce Cheaper Premium Gasoline

Nissan Leaf

Finally the Nissan Leaf, the grand-daddy of EVs. It seats five, is fairly quick, and as one of the oldest models in the EV market it has earned a fair deal of respect and praise as a decent family car.

By. James Burgess of Oilprice.com



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  • Stephen on June 04 2013 said:
    ...And don't worry about EV charging times. Check this article out:

    Flash Chargers Set to Revolutionize Travel by EVs
    "Even at the end of the line...recharging the BUS lasts only 3-4 minutes. That the TOSA bus is equipped with a battery pack similar to that in a Nissan Leaf"
    Full story:
    http://www.dvice.com/2013-6-3/flash-chargers-set-revolutionize-travel-electric-vehicles


    Don't worry about EV battery capacity either. Check these articles out:

    Researchers More Than Double EV Battery Capacity
    Full story:
    http://green.autoblog.com/2013/05/09/australia-university-researchers-more-than-double-ev-battery-cap/

    1,000 Mile EV To Launch in 3 Years
    Full story:
    http://insideevs.com/1000-mile-electric-vehicle-built-in-uk-to-launch-in-3-years/

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