The Economics of Electric Vehicles – Infographic

The Economics of Electric Vehicles [INFOGRAPHIC].

For the past few decades, hopeful automobile owners made decisions based on gas mileage, vehicle size and leather interior. Now, a projected 62,400 Americans will choose to purchase an electric vehicle in 2012.

The cheapest highway-legal EV starts around $30,000 for the Mitsubishi i-MiEV, but competitors such as Ford, Chevrolet and Nissan are all vying for a higher range and lower cost.

SEE ALSO: From Model T to Electric: The Evolution of the Car [INFOGRAPHIC]

The Obama administration’s target of 1 million electric vehicle sales in 2015 is aided by the more than $1 billion in government spending for installing charging locations, improving and building lithium-ion battery plants and supporting developing systems.

Take a gander at the graphic below, provided by VroomVroomVroom, for more detailed information on electric vehicles.

Thumbnail image courtesy of Flickr, MSVG

Source: Mashable.com

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