RSS Subscribe
Showing posts with label auto show. Show all posts
Showing posts with label auto show. Show all posts

Electric Cars at the Auto Paris Show

If Barack Obama and John McCain are as serious as they say they are about ending U.S. dependence on foreign oil, they might want to dispatch a trusted aide or two to the Paris Auto Show, a biennial global industry extravaganza that opened last week.

In the vast exhibition halls in southern Paris one color dominates: green. From the carpeting and lighting to the artificial lawn trimming and acid-green cocktail dresses worn by countless exhibition assistants, the message is hammered home that the industry has staked its economic future on the green revolution. The transformation has been swift. Only a few years ago automakers sued California and Rhode Island to stop governors from imposing local limits on carbon dioxide emissions, and they have lobbied hard against the European Union's efforts to legislate emission standards from Brussels.


Why the change of heart? Basic economics. Fewer than 1 million cars were sold in the U.S. last month — the lowest monthly figure in 15 years — as car loans and job prospects dried up for many Americans. And in Europe, where nearly half of car purchases are financed, auto executives have told reporters that they are bracing for tough times ahead.


Yet there is one reason drivers might be tempted to spend tens of thousands of dollars on a new car: the urge to go green. Says Matthieu Tenenbaum, deputy director of Renault's electric-car project: "If we continue making polluting cars, some day or other we will stop selling cars."


By far the industry's hottest contest is to develop a mass-market electric vehicle, and the Paris show has 19 of them on display. Most are versions of the same system: well-insulated cars with electric batteries that plug into regular outlets at home or at charging stations on the street, a little like filling the tank. Batteries would recharge in a few hours (about six hours in the 110-volt U.S. or about half that time in 220-volt Europe) and run for about 100 miles when full. Executives are betting that range will suffice in cities, where people use cars mostly to commute to work and run errands around town. General Motors is testing its electric model, the Chevrolet Volt, in Denmark, and plans to sell between 100,000 and 200,000 Volts a year in the U.S. from 2010; the car would switch to regular fuel once the electricity runs out. Renault will roll out its ZE (for zero emissions) electric car in Europe in 2011, and Tenenbaum estimates that by 2015, auto companies will have sold about 2.5 million electric cars in Europe — about 15% of all vehicles driven on the Continent.


Yet this green dream is hardly problem-free or environmentally perfect. First, if oil prices continue dropping, perhaps to last year's $60-per-bbl. mark, drivers may opt to keep their old cars, especially if the recession in the U.S. and Europe deepens and car loans get even harder to obtain. In debt and facing slumping sales, the auto industry is also competing against flush high-tech companies in Silicon Valley, which are also racing to perfect a lithion-ion car battery. What's more, the billions that the auto companies are spending in research could be squeezed during the recession, especially since it is difficult to estimate how many electric cars they will ultimately sell. "Everybody is wondering what the market will be for electric cars and nobody has the answers," says Erik Morsing, GM's public relations manager in Denmark. "It depends very much on oil prices."


Nor should it be overlooked that electric cars need electricity, and making it isn't necessarily a clean process. Like GM, Nissan has a new electric car, the Nuvu, on display at the Paris show, and like GM, it is rolling it out in Denmark — a country of 5 million people with ample wind power and spare power during night hours, when most drivers are likely to recharge their cars. Renault's ZE is being tested in Israel, where there are plans to install the nation's first battery-charging stations, outside Tel Aviv, by the end of the year. Yet Israel is hardly typical; its 7 million people live in a tiny country with a reliable electricity supply and closed borders — perfect conditions for installing a nationwide network of charging stations.


It's hard to imagine electric cars solving the serious pollution problems in China or in electricity-starved Africa. More than 90% of China's power comes from overstretched coal-burning stations. "You could end up substituting CO2 emissions from a tail pipe with CO2 emissions from a power station," says Morsing. "If you cannot produce alternative energy, the whole idea of electric cars falls apart." In the end, governments will have to decide what is more urgent: cutting imports from the Middle East or cleaning up the planet.

Entry Level Exotic

The rough economy has spawned a new moniker for single-digit millionaires who still may not feel wealthy enough: middle-class millionaires. Most don't belong to jet clubs or wear bespoke suits. They live in average-size homes and don't always call attention to what's lurking in their bank accounts. They may covet a sexy exotic car but feel conflicted about springing for the extravagance. If you're one of them, don't fret. Each wildly priced high-performance car from Lamborghini, Ferrari, Porsche and Maserati has a slightly less expensive sibling that doesn't compromise much in the way of looks or performance. To prove the point, I did the dirty work and drove them all.

Lamborghini takes first place for its exotic sports-car looks. Nothing subtle here. Reeking of testosterone, the top-line Murciélago and the entry-level (so to speak) Gallardo models both have sharply angled contours and sliver-thin side windows.

The Murciélago LP 670-4 SuperVeloce is a beast, the fastest Lambo ever built. Consider its torso-compressing 6.5-liter, 12-cylinder, 670-horsepower engine that yanked me hard to the seatback, rocketing to 100kph in 3.2 seconds. Spanish for bat, the Murciélago's doors open vertically, like wings on a Phoenix. And owners get to brag about its $455,000 price. Bargain-conscious millionaires can opt for the Gallardo LP 560-4 Spyder, at half the price, and still get a more-than-respectable 5.2-liter, 10-cylinder, 560-horsepower engine that snags 100kph in four seconds. The ride may be too taut for passengers with delicate stomachs, but this open-air beauty beats every heart-stopping ride at Disneyland.

While many Lambo drivers feed on the attention they are sure to get, Porsche owners by comparison can be downright self-effacing—after all, in some upscale suburbs Porsches are as ubiquitous as Camrys. Exacting engineering means that Porsches have predictable handling, which gives me confidence to push my limits as a driver. The racetrack-ready GT2's huge wing, or spoiler, pushes down on the car's rear, keeping it planted on the road. The GT2 sports a twin-turbocharged, 3.6-liter, flat, 6-cylinder engine that produces a formidable 530 horsepower. It's also got locomotive-stopping high-performance ceramic brakes. Like both Lamborghinis, it makes for a tight ride with very little shock-absorbing give. If the $192,000 price tag is too high for a daily driver, Porsche's 911 Turbo, for a mere $130,000, is at once nice and nasty. Nudge the accelerator and the car responds politely, with an easy, everyday ride. Stomp the gas and the 911 Turbo will restyle your hair.

And then there's Ferrari, Italy's iconic stallion. My heart belongs to the F430 Spider, at a modest $238,000. Strikingly sexy in a soft top, it is raucous with its 483-horsepower, V-8 engine and F1-style paddle shifters. Like a skirt hiked up just high enough, the F430 gives you a peek of its midrear-mounted engine through a glass-encased hatchback door. If the language of sex were morphed into an automobile, the F430 would teach all the tricks.

If you must have the best Ferrari, however, the $327,000 599 GTB Fiorano is considered by many drivers to be the epitome of Italian performance. This model has a 12-cylinder, 611-horsepower engine and gets the same brisk track time as the Porsche GT2. The car's sensuous curvy lines, created by the legendary Italian coach design firm Pininfarina, are subtler than the F430's. I guess it comes down to taste: Monica Bellucci or Sophia Loren?

Pininfarina also designed Maserati's latest touring cars, the GranTurismo and sportier GranTurismo S. Both are gorgeous, with hand-stitched leather interiors and optional five-piece luggage sets designed by Ferragamo. The S model has a luscious, bellowing sound—its 4.7-liter, V-8, 433-horsepower engine is so perfectly tuned that the automaker now offers it as a ring tone. It sells for $121,500, while the base model fetches $114,000.

The new American Dream: aspire to middle-class millionaire status with a budget exotic in the driveway. Not bad for austerity.