Cost-Benefit Analysis of Plug-In Hybrid Electric Vehicle Technology

From Open Energy Information

This paper presents a comparison of the costs and benefits of plug-in hybrid electric vehicles (PHEVs) relative to hybrid electric and conventional vehicles. A detailed simulation model is used to predict petroleum reductions and costs of PHEV designs compared to a baseline midsize sedan. Two powertrain technology scenarios are considered to explore the near-term and long-term prospects of PHEVs.