GM has designed and developed an electric car from the ground up instead of modifying an existing vehicle. This vehicle, called the EV1, was a 2-passenger sports car powered by a liquid-cooled alternating current motor and lead-acid batteries. The EV1 had a top speed of 80 mph, had a range of 80 miles, and could accelerate from 0 to 50 mph in less than 7 seconds. In addition to the EV1, General Motors offered an electric vehicle Chevrolet S-10 pickup. This vehicle had a range of 45 miles, it accelerated from 5 to 50 mph in 10 seconds, and it had a payload of 950 pounds. Other electric vehicles that were available during 1998 included the Toyota RAV4 sport utility, the Honda EV Plus sedan, and the Chrysler EPIC minivan. These three vehicles were all equipped with advanced nickel metal hydride battery packs. Nissan placed limited numbers of their Altra EV station wagons in California fleets during 1998. The Altra was equipped with a lithium-ion battery pack. In addition, both Ford and General Motors during 1998, made the Ranger, the EV1, and the S-10 pickup available with nickel metal hydride battery packs. While the vehicles in 1998 satisfied the driving requirements of many fleet operators and two car families, the cost of $30,000 to $40,000 (1998) made them expensive. However, this cost was considerably lower when tax credits and incentives were included. Large-volume production and improvements in the production process are expected to reduce prices to the range of current gasoline-powered vehicles.
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