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.

<< PREVIOUSNEXT >>
RELATED NEWS ITEMS

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.

READER COMMENTS

blog comments powered by Disqus