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Peugeot iOn

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Just to prove that electric cars are actually here, the first Peugeot iOn has been delivered.

The Peugeot iOn, along with the Citroen C-Zero, is essentially a re-badged Mitsubishi i-MiEV.

It’s a four-seater electric car with a range of 93 miles and it requires no petrol or diesel – something that sounds very appealing with current fuel prices.

The first iOn has been delivered to EDF Energy, Britain’s largest producer of low carbon electricity, for use in its fleet, including testing recharging solutions.

It’s also the first vehicle to qualify under the Government’s £5,000 OLEV grant to support the introduction of electric vehicles, which came into force this month.

The Peugeot iOn can be recharged from a standard domestic plug in around six hours, or via a quick charger in under an hour.

The iOn is available in the UK via an “all-inclusive” mobility offer consisting of a four year 40,000 mile contract, with a monthly payment of £415 excluding VAT, which includes:

* The lease of the vehicle (battery pack considered part of the vehicle)
* Full warranty cover for the vehicle, battery and electric power train for the period of the lease
* Full servicing and full maintenance for four years and 40,000 miles
* Peugeot Connect Services (available April 2011)

At the end of the first four-year period, all the benefits are available for a further four years and 40,000 miles, at a reduced monthly amount.

With average running costs estimated at £1.72 per 93 miles, this is much cheaper than a petrol or diesel car.

Carried out overnight or during “off-peak hours”, recharging costs can be reduced further and this can help to optimise the use of available low carbon power produced by the electricity supply companies.

As a 100% electric vehicle, it also benefits from a range of further cost savings over a conventional internal combustion-engined vehicle:

* No petrol or diesel costs – potential saving of £1765.05 per year
* No Congestion Charge (where applicable) – savings of £1696 annual charge for London
* No Parking charges (where applicable, e.g. City of Westminster) – potential saving of £1939 per year – £10 x 230 days of parking, less admin fee

This adds up to a total potential annual saving of £5400 by operating an electric vehicle over a conventional internal combustion-powered car.

Peugeot’s fuel saving is calculated based on the cost of 1 gallon of fuel – £5.85, average MPG for a vehicle driven in an urban environment – 30 mpg, total fuel costs to cover 10,000 miles = £1950.00, compared to the cost of recharging the iOn over 10,000 miles, based on the cost of recharging = £1.72 per 93 miles, total costs over 10,000 miles = £184.95, leaving a difference of £1765.05.