What electric car convenience is worth
Wednesday, May 18, 2011 - 13:30
in Mathematics & Economics
A U.S. nationwide survey asked consumers what changes to the common complaints of charging time and limited range are worth. For longer range, they'd pay $35-$75/mile. For faster charging, they'd pay up to $3,250/hour. A second study showed longer range isn't absolutely necessary for many. The current 100-mile range could work for 32 percent of people.