The most famous electric vehicle in history, the Lunar Buggy was the result of an intense effort that, in today's dollars, cost $100 billion. Do we have the will - and the cash - for the equally challenging effort needed to produce a viable, cost-competitive EV for Planet Earth?

The most famous electric vehicle in history, the Lunar Buggy was the result of an intense effort that, in today's dollars, cost $100 billion. Do we have the will - and the cash - for an equally challenging effort needed to produce a viable EV for Planet Earth?

The race to deliver electric vehicles to the market is on and competition is heating up. But like the Apollo Program, success is likely to be measured over many years and will come at great cost. Our friends at Green Car Journal examined the challenges of bringing the EV into the mainstream and shared this analysis with TheDetroitBureau.com.

As we mark the 40th anniversary of successfully landing a man on the moon this month, it’s interesting to note the many comparisons that position electric cars as the next ‘moon shot.’ There are synergies at work since, after all, the Apollo Program’s lunar rover may be the most high-profile electric car in history. But the editors at Green Car Journal caution that even as get-there-at-all-costs momentum builds for electric cars in Washington DC, it’s a giant leap of faith to assume that today’s activities will lead to an affordable all-electric car in your garage anytime soon.

What people overlook is that accomplishing ‘big picture’ programs like Apollo require accepting the concept of unlimited spending to achieve the mission. Current levels of unprecedented federal spending notwithstanding, electric cars are not an exclusive answer to future transportation challenges and consumers will not be willing to buy them at all costs.

In current dollars, the Apollo Program cost well over $100 billion. At its end there was no imperative to produce a consumer product to sell at a reasonable cost. Such is not the case with electric cars. Even after the Obama Administration’s $2.4 billion in grants to promote electric car and advanced battery development, plus an additional $25 billion loan program and $7,500 per-vehicle subsidies that could ultimately run into additional billions of dollars, there’s no assurance that electric cars will be affordable after the money is spent.

There’s a shroud of denial that regularly excludes the real cost of battery electric vehicles from discussion of their considerable benefits.  I understand first-hand the advantages of an electric car with its high efficiency, zero localized emissions, and petroleum-free operation. But I also recognize the importance of an affordable cost so most people can buy them, and that’s a crucial issue that’s rarely, if ever, discussed. People should be asking why.

The primary culprit is not the car. Automakers in the 1990s proved they could produce full-function electric vehicles offering the attributes that most drivers expect, although with limited driving range of about 100 miles or so. What they couldn’t do was replace a gas tank with an advanced battery pack that cost less than $20,000 to $30,000. Today’s electric Tesla Roadster battery cost is about the same. Extraordinarily high battery cost is why we’re seeing newly-announced battery electric sedans with a retail cost of $45,000 to $55,000.

Will buyers pay $15,000 to $25,000 more for a vehicle that runs solely on batteries compared to a similar gasoline or clean diesel model? Not in mass market numbers, which is why electric cars should be considered potential mid- to long-term volume vehicles rather than a sure short-term solution as battery costs are being sorted out. Higher fuel economy gasoline, clean diesel, and hybrid vehicles of varying types will comprise the majority of the U.S. market’s estimated 11 million annual vehicle sales for years even as battery electric cars come to new car showrooms in increasing numbers.

Ron Cogan is editor of Green Car Journal.  You can find back issues of the print publication at GCJUSA.com.

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