Investing & Markets

Make better decisions with investing tips, technical analysis, market commentary, and more

Personal Finance

Make more, save more, spend smarter, and keep more of what you earn

Business News

Stock market news & analysis

Transportation

A plug-in Toyota Prius for less than a regular Prius?

By Hybrid Cars on 09/02/2010 – 10:05 am PDTLeave a Comment

Good for just 70 mpg?

An extra 20 mpg

What’s it like to drive a Toyota Prius plug-in hybrid? What kind of fuel economy does it achieve? What’s the EV range? Time to charge, etc?

MotorTrend answers those questions today in a great article on the plug-in Prius and, well, the plug-in Prius drives pretty much like a regular Toyota Prius, while achieving an extra 20 mpg in fuel economy.

Big deal? Just 20 mpg more? Well, what if the plug-in Prius costs less than a conventional Prius?

Now, I’m not saying that’s going to happen, but according to the MotorTrend article, the lithium-ion battery pack in the plug-in Toyota Prius actually costs less than the NiMH battery pack in the conventional Prius. MotorTrend writes, “lithium-ion batteries presently cost something like $600 per kW-hr, meaning the PPI’s (Prius Plug-In’s) battery alone could run about $2000, less the price of its displaced nickel-metal hydride pack (price: $2729).”

Even if true, there is a more sophisticated battery management system, for instance, that also has to be factored into the costs, as well as a ton of new software. So, there will be additional plug-in costs beyond the battery.

Nevertheless, I’m befuddled. Not long ago Toyota stopped plans to switch to lithium-ion batteries in the third generation Prius because of additional costs. If a conventional Prius only needs 1.3 kwh of battery, wouldn’t lithium be much cheaper than NiMH at $800 for 1.3 kwh’s for lithium verus $2729 for NiMH? So, why did Toyota claim costs would be higher?

Anyway, I wonder, how many more would buy a Prius if they could achieve an extra 20 mpg for the same cost as today’s Prius? Would sales double, triple, more? Would having to plug-in to achieve this extra 20 mpg be too much of a burden for most Prius buyers? And, as a bonus question, would the plug-in Prius outsell the conventional Prius if the conventional Prius was $1500 cheaper?

Tags:

Related Articles:

  1. Chevy Volt versus the Toyota Prius, again
  2. Can a plug beat the Toyota Prius?
  3. Lithium-powered Alpha Prius next year
  4. 600 Toyota plug-in Prius hybrids going nowhere
  5. When will a plug-in vehicle outsell the Toyota Prius?

Leave a comment!

Add your comment below, or trackback from your own site. You can also subscribe to these comments via RSS.

Be nice. Keep it clean. Stay on topic. No spam.

You can use these tags:
<a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <strike> <strong>

This is a Gravatar-enabled weblog. To get your own globally-recognized-avatar, please register at Gravatar.