as good as gasoline powered cars.. Ethanol has an octane rating of 105, while premium grade gasoline is 92 -93. Ethanol can be run at higher compression ratios than gasoline yielding higher performance resulting in just as good as mileage as running on gasoline at lower compression ratios.
But lets consider FFV vehicles without taking advantage of the higher octane of ethanol - they get 15% - 25% less mileage. So what does ethanol 85 sell for - about $2.06 per gallon compared to $2.35-$2.55 a gallon for mid and premium grade ($2.55) on average. So being that much cheaper even if it gets lower miles per gallon it balances out. NOw, if American manufacturers wanted to optimize for ethanol's higher octane as does Saab (Saab 9-5 BioPower: Alternative Fuel with Performance Benefits) they can use variable valve timing andor turbo-charging or super-charging to effectively raise the compression ratio and the performance of the engine. All these can be computer controlled to lower compression ratio when operating on pure gas or ethanol 15 so you can use regular pump gas (92-93 octane). What's interesting about Saab's 9-5 BioPower concept is that it offsets this disadvantage by providing more power. E85 has a 104 octane rating, compared to the usual 91 or 92 rating for premium gas. Without getting too technical, this higher octane allowed Saab engineers to add more boost to the 9-5's turbocharged 4-cylinder engine. The result is 310 hp instead of the usual 260.
Saab is currently selling a production 9-5 Bio -power that is turbocharged and gets 260 horsepower from E85 and delivers comparable mileage to gasoline powered cars. It's all a matter if you want to provide the extra horsepower E85 allows (if you turbo charging or use variable valve timing to take advantage of the higher octane of E85).
See??
AND LET'S NOT FORGET YOU CAN BUY A FFV VEHICLE FOR NOT A PENNY MORE THAN A REGULAR CAR! AND NO EXPENSIVE BATTERIES TO REPLACE IN 8 YRS! WOW! AND A FFV VEHICLE WILL RUN ON ANY MIXTURE OF ETHANOL AND GASOLINE FRO E15 ALL THE WAY UP TO PURE GASOLINE.