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Electric Vehicles in the United States
A New Model with Forecasts to 2030
Center for Entrepreneurship Technology (CET)
Technical Brief
Number: 2009.1.v.2.0
Revision Date: August 24, 2009
Thomas A. Becker (tbecker@),
Ikhlaq Sidhu (PI), Burghardt Tenderich
Center for Entrepreneurship Technology
Contents
Introduction 1
Part 1: Modeling Consumer Adoption 2
1. Network Externalities and a Comparison of Costs 3
1.1. Network Operators and Switchable Batteries 3
1.2. Economic Model 5
1.3. Internal Combustion Car Costs 5
1.4. Electric Car Costs 7
2. Model of Adoption 11
2.1. Regional Deployment and Fleet Mix 13
Part 2: Macroeconomic Impacts 15
1. Trade Balance 16
2. Capital Expenditures 19
3. Employment 21
4. Health and Environment 22
5. Greenhouse Gas Emissions 23
6. Government Policy 24
Conclusion 25
References 27
Appendix 30
Biography 32
About UC Berkeley Center for Entrepreneurship Technology 32
Center for Entrepreneurship Technology
University of California, Berkeley Center for Entrepreneurship Technology
Summary of Findings
This paper was commissioned by the Center for Entrepreneurship and Technology at the University of
California, Berkeley. It estimates the rate of market adoption of electric vehicles in the United States
through 2030 and analyzes the impact of electric car deployment on the trade balance, business invest-
ment, employment, health care costs,
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