
The economics of the PT Cruiser electric cabs may be a bit of a challenge. The cars are expected to cost between $50,000 and $75,000, which is obviously significantly more than a regular cab. A cab averages 100,000 miles per year. Assuming 20 miles per gallon for a current cab (probably optimistic for a Crown Vic), and gas at $3 per gallon, the electric cars would save $15,000 per year. (That’s not factoring in the cost of the electricity) At that rate it would take a long time to realize savings from the new cars. That means that the city would likely have to provide some sort of incentive to make the new vehicles worthwhile for cab companies. One incentive could be the knowledge of fresh air to come, who can turn that down, especially in NYC.




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