According to DPL, switching from a gasoline-fueled auto to an electrified vehicle within the utility provider's area of service can result in significant operational cost savings:
That's almost $1,000 less than the hypothetical gas vehicle DPL mentions, which would cost $1,320 in gas for the year at 11 cents a mile. The electrified Amp Equinox features a lithium-ion battery pack, a pair of rear-mounted Remy electric motors and can cover up to 100 miles of tarmac on a full charge. After our brief drive at the 2010 Business of Plugging In conference in Detroit, we can confirm that the converted AMP Equinox is a solid electric SUV.The cost of electricity as fuel for a typical electric car is 2.8 cents per mile, compared to 11 cents per mile for a gasoline-powered car, based on 25 miles per gallon at $2.75 per gallon. The yearly cost of electricity for a DPL customer to operate an all-electric vehicle would be approximately $336, assuming it is driven 12,000 miles annually.
[Source: Amp Holdings]
AMP Delivers First Electric Equinox to Ohio Utility
CINCINNATI -- AMP Holding Inc. (OTC Bulletin Board: AMPD), a company engaged in the emission-free electrification of OEM vehicles, announced it has delivered an AMP Electric GM Equinox SUV Research Vehicle to Dayton Power & Light (DP&L), parent company DPL Inc. (NYSE: DPL). DP&L established a team in 2009 to prepare the utility for the entrance of electric cars in its service area, and the AMP Equinox research vehicle is part of that effort.
"DP&L is taking a leadership role in meeting the needs of owners of electric vehicles," said Jim Taylor, AMP CEO. "The SUV market is very popular in America today. We are proud to have our AMP Electric Equinox SUV as part of DP&L's study."
According to DP&L, the cost of electricity as fuel for a typical electric car is 2.8 cents per mile, compared to 11 cents per mile for a gasoline-powered car, based on 25 miles per gallon at $2.75 per gallon. The yearly cost of electricity for a DP&L customer to operate an all-electric vehicle would be approximately $336, assuming it is driven 12,000 miles annually.
"Our goal is to meet the needs of our customers who are interested in purchasing an electric car," said Bryce Nickel, operations vice president with DP&L. "We want to ensure that their electrical service from DP&L will support their charging needs."
The AMP Equinox is a zero emissions electric vehicle, which can be charged from household 110v or 220v outlets. The vehicle features a lithium battery system, powered by two rear mounted Remy traction motors, will travel approximately 100 miles per charge, has a top speed electronically limited at 90 mph, and will go from 0 to 60 in under 8 seconds.
To learn more, visit the AMP website at www.ampelectricvehicles.com.
About AMP Holding Inc.
AMP was founded in 2007 by automotive industry veterans who have created several hi-tech companies. Currently, the AMP team is comprised of top engineers and business executives, as well as two key pioneers of GM's EV1 project. AMP's first all electric demonstration models were the Chevrolet Equinox, the Saturn Sky, and Pontiac Solstice. Since its inception, AMP's unique electrification technology has proven to be an idea that has generated an extreme amount of interest, with inquiries coming from around the world. AMP's intent is to electrify a wide range of OEM vehicles and SUVs, and expects to announce new model additions in 2011. The Company expects its vehicle electrification technology will provide new solutions to America's energy demands.