Cayman Automotive
Revenge of the Electric cars!
•Economic: Volatile Gasoline Prices
•Environmental: CO2 Emissions & Global Warming
•Political: Dependence on foreign oil.
Figure 1.1 2010 U.S ELECTRICITY GRID MIX
Economic Benefits
• 70% of all USA oil consumed is used for transportation.
• By 2050 there is an estimated 1.5 billion cars on the road globally compared to 750 million in 2010.
• Rising middle class in China and India causing demand in passenger cars to balloon and with it the demand for oil.
• Oil is limited resource and not renewable.
• EV typically charges at night, when electricity is cheapest to generate.
Environmental Benefits
• Critical element of reaching 80% reduction in global emissions.
• Over the lifetime of an EV the owner can save more than 6000 gallons of gasoline.
• Reduced operating costs – No gas/No oil/No belts/No hoses
• 108 mpg equivalency rating
• 3¢ per mile to operate
Political Benefits
•According to the USA Information Administration, over 80% of cost of a gallon of gas immediately leaves the local economy.
•EV’s reduces a countries dependence on foreign oil.
•“Vehicle to grid”- Future technology allows vehicle to feed electricity back in to the grid, and reverse charge system.
THE FUTURE IS HERE NOW
•The Tesla/Panasonic - GiGi Battery Company
•Cost of the battery is the primary factor behind PEVs high sticker price.
•500,000 lithium Ion Battery Packs by 2020
•Solar energy storage units
•6500+ jobs will be created
•100 Billion Dollars in local environment benefits for Nevada.
Climate Change: How do we know?
TO CHANGE EVERYTHING, WE NEED EVERYONE.
100+ world leaders gathered in NYC. 2646 solidarity events in 162 countries. The largest climate march in history.
Let’s put you behind the wheel!
Cayman Automotive