Who Will Be Able to Afford Electric Cars?
By Justin Hyde
As General Motors pushed the start button today on batteries for its Chevrolet Volt ahead of the Detroit auto show, a new study finds that absent a big tech breakthrough, electric vehicles such as the Volt will remain too expensive to snag a majority of consumers around the world.
“You will definitely see more hybrid cars on the road in the future than EVs” said Xavier Mosquet, senior partner in Boston Consulting Group’s Detroit office.
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