This is a guest post by Joost van den Bulk in which the costs and benefits of electric cars available by 2010 are compared with internal combustion cars powered by gasoline for the Netherlands. It is a summary of his Master thesis in environmental science at Wageningen University in the Netherlands (PDF, 3 Mb, 72 pages).

Developments in battery technology have made cars driven by electric propulsion cost competitive with internal combustion based cars. Based on a scenario in which a car owner drives 15,000 kilometers annually, the car is owned for a period of 6 years, and the oil price on average remains above 100 dollars per barrel in the next two decades, it was found that an electric car for the consumer is already cheaper than a gasoline powered vehicle in the Netherlands, and that this will only improve in the future. This is the case because higher initial investments in the purchase of an electric car are more than compensated by lower fuel costs, reduced maintenance and tax benefits. Furthermore, greenhouse gas emissions of an electric car are at least half that of the gasoline powered car based on the current Dutch electricity mix.