2011 has been touted as “the year of the plug-in electric vehicle”. With domestic fuel prices up 30 percent since last year, drivers are feeling pain at the pumps. Automakers have heard the cries of American wallets and have delivered a fleet of plug-in electric vehicles (PEVs). The Nissan Leaf and Chevy Volt are the first in a new generation of PEVs. The Leaf, a full PEV, runs entirely on a battery powered by the electric grid. The Volt is a plug-in hybrid electric vehicle (PHEV) that runs on a grid powered battery but also has a conventional engine fueled by gasoline. The Volt can travel between 20-50 miles on a single charge while the Leaf can travel over 100 miles. Regardless of a driver’s selection, the charging costs of both vehicles are less per mile than gasoline or diesel – approximately three cents per mile for EVs versus 12 cents per mile for conventional engines.
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