The Fuel That May Halt The Electric Car Revolution

www.zerohedge.com | 7/15/2016 | Staff
marisha (Posted by) Level 3
Electric cars are often touted as the nail in the coffin for gasoline-powered vehicles. However, there’s another fuel revolution in the developing world, which is changing the economics of electric cars. Whether it’s CNG, LNG, autogas, or propane, gaseous-hydrocarbon fuels turn conventional cars into dual-fuel vehicles, and limit the uptake of electric cars in these economies.

A quick look at the map of Tesla supercharger stations across the planet poses some interesting points: There are curiously few supercharger stations in south-central America, with only one in the Latin-speaking part of the new world. Few exist in Eastern Europe, Spain, Africa, the Middle East, India, or Oceania. This map can be correlated to GDP per capita, GDP, infrastructure, the country’s electric car incentives, and the uptake of dual-fuel vehicles. For the average consumer, it’s simple economics—their area of residence drives their vehicle fuel choices.

Countries - Choice - Option - Economics - One

In developing countries, the choice to install a dual-fuel option is economics driven, rather than an environment-conscious one, according to the Natural Gas Vehicle Journal. According to the journal, most countries can expect a 40-60 percent reduction in fuel costs, which is more compelling in a second world where fuel costs are a larger portion of incomes.

The vehicle fleets in these countries tend to be aging, and the choice between going electric or going LPG or CNG is often not tied to buying a new vehicle. Developing countries opt for a mixer-type dual-fuel system ranging in cost from $300-$1,000 with an average 25 percent power loss, while those going to dual-fuel in first-world countries opt for more expensive injector-type systems that result in a slight power increase – these systems average $6,000. Those touting electric cars often consider lifecycle costs of purchasing two new vehicles, while consumers in second-world economies look for cost reductions in the vehicles they currently...
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