Pease critically evaluate and compare an electric car with its conventional analog
in the current market. In this respect, please write a paragraph elucidating operating principles of
electric cars, listing the additional components associated with electrical propulsion system, and
state if an electric car is competitive with and without Federal Tax Saving (FTS). For instance,
you can compare an electric 2016 Nissan Leaf, which costs $29,000 (without FTS) and $7,500
less with FTS, to a conventional 2016 Nissan Sentra, which costs $16,800. When operated in
town, the fuel consumption of Nissan Sentra is 25 miles per gallon (mpg) of gasoline while that
of Nissan Leaf is 160 mpg of gasoline equivalent (purchasing electricity as opposed to gasoline)
You can assume that you will drive ~10,000 miles each year for 10 year life time of both cars,
and the average gasoline price will be $2.0 per gallon.