Consumers Waiting Electric Cars As Cost Remain Issues

Meanwhile companies from Frito-Lay to Duke Energy are moving to introduce electric-drive vehicles.

Published: 28-Sep-2009

While it could take years for everyday consumers to shell out their money for a new electric vehicle — that will most certainly come with an initial price premium — businesses like AT&T, Frito-Lay, Staples, utilities and others are lining up for new models.

For consumers, electric vehicles compete against fuel-efficient alternatives that cost less.

For example, the compact Chevrolet Volt, an extended-range electric vehicle, is expected to cost $32,000 to $38,000 after a tax credit of $7,500.


TREV two-place electric car

Student-built vehicle can do 0-60 in 10 seconds with top speed of 75 mph. Photo courtesy of University of South Australia.

BYD F6DM Plug-in Hybrid Electric Car

Berkshire Hathaway-controlled MidAmerican Energy will help sell Chinese-made electric cars in the U.S.

Cycle Sol diagrams

Still only a concept, Cycle Sol uses solar panels to charge the battery that powers an electric motor in the back wheel, propelling the bike at speeds up to 15mph.


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