While a boutique industry around converting vintage cars to electric is growing, it’s an exclusive, cost-prohibitive one
of up to $2,000 to convert a gas-powered vehicle to an EV. But that’s a drop in the bucket compared to the total cost of an EV conversion.
Zelectric’s projects start at around $70,000. Conversions are pricey in part because they’re largely done on a case-by-case basis. Getting labor specialized enough to do the work is a problem, as is sourcing batteries and materials for the job, Benardo said. Zelectric only delivers about six to eight cars a year, he said.
Asked what it might take to convert almost any older car at scale, “I don’t even have an answer for that question,” Benardo said with a laugh. McDonald also said he’s encouraged by the number of operations popping up that retrofit commercial vehicles, such as Colorado-based Lightning eMotors, which sells new electric-converted vans, ambulances, buses and more. Other startups like Tandem seek to turn diesel semi-trucks into hybrids. This, he said, is a stronger case for conversions than older, individual passenger cars.
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