Electric Cars Facing Headwinds Today, But Are Long-term Solution

MSN Money considers current obstacles from high battery costs to customer perceptions, but see breakthroughs ahead that will make them 'a formidable force in the auto industry in the long term.'

Published: 17-Aug-2012

The global auto industry is dominated by vehicles that run on conventional fuels, but newly available engine technologies that are cleaner and potentially far more cost-effective may permanently alter the structure of the industry.

We take a look at some of the obstacles faced by the electric vehicle industry, with a focus on battery electric vehicles.

Electric vehicles can be broadly divided into three categories based on the mechanism of motor propulsion. These are Hybrid Electric Vehicles (HEVs), Plug-in Hybrids (PHEVs) and Battery Electric Vehicles (BEVs).

<< PREVIOUSNEXT >>
RELATED NEWS ITEMS

Tokyo Car Show model demonstrates how to fast charge Subaru electric concept car.

Dr. Steve Harvey's tongue-n-cheek guide to people who think electric cars suck. They do... amps, that is.

NRG operated evGo fast charging station in Dallas, Texas.

The answer is, lots of places, especially if you live where the first electric cars are being sold.

2012 Chevy Volt is now $1,000 less than 2011 model

Kiplinger Money Power's Jessica Anderson explains that while the purchase price of Volts and Leaf's are high, 'both have super-low five-year ownership costs.'

READER COMMENTS

blog comments powered by Disqus