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Hybrid Power for Mobile Systems
Published in Yatish T. Shah, Hybrid Power, 2021
According to the 2018 statistics, the total cost of ownership of a Ford Fusion Hybrid would amount to ~ $35,606. This HEV lies comfortably in the midsize market range. In contrast to this, a Honda Accord, which is a traditional vehicle, would cost ~ $35,709. By comparing other car models, it is evident that HEVs are now as price competitive as ICE vehicles. When looking into the compact market, it is seen that a HEV would be about ~ $9,000–$10,000 more expensive. The difference of the pricing in the two segments can be understood due to the higher maintenance and fuel consumption of a midsize IC-driven vehicle compensating for a more expensive battery and base price. In a compact vehicle, fuel consumption is also lower. Apart from that, the depreciation seen in a compact HEV is surprisingly higher which could be due to its lesser demand and rapid technology changes in the field. It is evident that HEVs in the midsize market are already price competitive and are affordable choices [5,71–74].
Developing a Passenger CarA Case Study
Published in Vivek D. Bhise, Automotive Product Development, 2017
The market segment for the project was the compact economy car. Compact car is a largely North American term denoting an automobile smaller than a mid-size car, but larger than a subcompact car. Compact cars usually have wheelbases between 100 (2540 mm) and 109 in (2769 mm). The U.S. Environmental Protection Agency (EPA) defines a compact car as measuring between 100 (2.8 m3) and 109 cu. ft (3.1 m3) of combined passenger and cargo volume capacity. Currently, this compact market segment contains about a 16% share of the U.S. light vehicle market. The Ford Focus falls in the compact-size car segment. Examples of other cars that fall in this segment are the Honda Civic, the Toyota Corolla, the Chevrolet Cruze, and the Hyundai Elantra.
Heterogeneous preferences of green vehicles by vehicle size: Analysis of Seoul case
Published in International Journal of Sustainable Transportation, 2018
Jin-Seok Hahn, Jang-Ho Lee, Keechoo Choi
The data used in the analysis were assembled by the Korea Environment Institute to evaluate the effects of green-vehicle incentives on greenhouse gas (GHG) reduction in June 2015 (Hahn et al., 2015). The objective of the SP survey was to obtain data to model potential car buyers’ choices of fuel types, i.e., conventional gasoline vehicles, HEVs, PHEVs, and EVs, by the sizes of the vehicles. In Korea, the size of a vehicle is classified by the engine displacement and vehicle specification such as vehicle length, width, and height. The subcompact size vehicle is defined as less than 1.0 l in engine displacement, less than 3.6 m in length, less than 1.6 m in width, and less than 2.0 m in height. The compact size vehicle is defined as less than 1.6 l in engine displacement, less than 4.7 m in length, less than 1.7 m in width, and less than 2.0 m in height. The mid-size vehicle is defined as 1.6–2.0 l in engine displacement and any of the length, width, or height of the vehicle exceeds the compact size vehicle thresholds. The full-size vehicle is defined as more than 2.0 l in engine displacement and all of the length, width, and height of the vehicle exceed the compact size vehicle thresholds.