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Vehicles with electrified powertrains, such as hybrid electric vehicles (HEVs), plug-in HEV (PHEVs), and AEVs (all-electric vehicles using grid-supplied battery energy exclusively), are potentially marketable because of low operating costs, but each comes with a significant initial cost penalty in comparison to a conventional vehicle (CV) powered by an internal combustion engine. Accordingly, a high rate of utilization is necessary for cost effectiveness. This paper examines the projected future (2020) cost effectiveness of several alternative powertrains within a standard compact sedan glider: an AEV and a set of selected input-split and output-split HEV and PHEV powertrains with various battery power and energy storage capabilities. Vehicle performance and consumption rates of fuel and electricity were estimated using vehicle simulations, and vehicle prices were estimated using cost models.

Present-day battery technologies support a battery electric vehicle with a 300mile range (BEV 300), but the cost of such a vehicle hinders its large-scale adoption by consumers. The U.S. Department of Energy (DOE) has set aggressive cost targets for battery technologies. At present, no single technology meets the cost, energy, and power requirements of a BEV 300, but a combination of multiple batteries with different capabilities might be able to lower the overall cost closer to the DOE target. This study looks at how such a combination can be implemented in vehicle simulation models and compares the vehicle manufacturing and operating costs to a baseline BEV 300. Preliminary analysis shows an opportunity to modestly reduce BEV 300 energy storage system cost by about 8% using a battery pack that combines an energy and power battery. The baseline vehicle considered in the study uses a single battery sized to meet both the power and energy requirements of a BEV 300.