Electric Cars Poised to Jolt Auto Industry
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Electric Cars Poised to Jolt Auto Industry
I really have my doubts about electric cars but that isn't stopping the bandwagon or the government from pushing them into the market!
LINK: http://www.msnbc.msn.com/id/31781003/ns/business-autos/
In the next year or so, the electric car may break free of the lunatic fringe and become a mainstream transportation option for everyday drivers. MSNBC reports that the next step forward for electric cars will come on August 2, when Nissan is expected to unveil the first of three electric models in three vehicle segments that the automaker will reportedly sell en masse by 2013 in the United States, Japan, and Europe.
Ford, Nissan, and Tesla have received U.S. government loans that the companies say will help them tool up to manufacture their planned electric models, with the first cars arriving in 2010 from Ford and Nissan.
The market for electric cars is projected to reach between 270,000 and 335,000 units per year over the next five years in the U.S., according to one expert. These cars aren't likely to be cheap, but Nissan at least is promising to be price-competitive in the premium compact car segment. Although it is unclear whether that competitive price will be the one before or after the $7,500 federal tax credit, it seems likely that the tax break will be needed to help make these cars reasonably competitive with gas-powered alternatives.
Ford, Nissan, and Tesla have received U.S. government loans that the companies say will help them tool up to manufacture their planned electric models, with the first cars arriving in 2010 from Ford and Nissan.
The market for electric cars is projected to reach between 270,000 and 335,000 units per year over the next five years in the U.S., according to one expert. These cars aren't likely to be cheap, but Nissan at least is promising to be price-competitive in the premium compact car segment. Although it is unclear whether that competitive price will be the one before or after the $7,500 federal tax credit, it seems likely that the tax break will be needed to help make these cars reasonably competitive with gas-powered alternatives.
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Joined: Feb 2000
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Yeah, who's dumb enough to buy a hybrid. Gas is only $2.00!!!
They'd have to drive a gazillion miles....(or gas goes up to $3.25/gal).
Tesla is about to hit 300 miles on single charge, with fast charging coming out real soon. Electric cars are coming and they are going to shock you with their performance.
They'd have to drive a gazillion miles....(or gas goes up to $3.25/gal).
Tesla is about to hit 300 miles on single charge, with fast charging coming out real soon. Electric cars are coming and they are going to shock you with their performance.
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From: Albany, NY
Someone that wants to get one for under MSRP. Once the economy recovers and this housing mess is over (2011?) gas should be back over $4. And then you have those that like to have the latest and greatest tech.
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Joined: Feb 2004
Posts: 948
From: Stroudsburg, PA
im all for electric cars.
when there are more electric cars on the road, there will be less demand for fuel. when there is less demand for fuel there are lower fuel costs. that is good for me because the keys to my internal combustion engine'd car will be pried out of my cold, dead hands as Ill never own one of those damn things. Ill benefit nicely from the fuel cost savings
when there are more electric cars on the road, there will be less demand for fuel. when there is less demand for fuel there are lower fuel costs. that is good for me because the keys to my internal combustion engine'd car will be pried out of my cold, dead hands as Ill never own one of those damn things. Ill benefit nicely from the fuel cost savings
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I can almost guarantee you that you are going to see huge tax increases on gasoline from both the Fed and the states; both to pay for the spending going on right now and to encourage people to move toward "eco-friendly" vehicles. The only thing that has kept prices in check is the horrible economy; when a recovery comes gasoline prices will rise as well even without tax increases.
Remember, quite a few years ago the God of the earth (Algore) was pushing for $5/gal gasoline and it's coming; it's only a matter of time.
Remember, quite a few years ago the God of the earth (Algore) was pushing for $5/gal gasoline and it's coming; it's only a matter of time.
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Joined: Sep 1999
Posts: 666
From: Stockton, Ca. USA
I can almost guarantee you that you are going to see huge tax increases on gasoline from both the Fed and the states; both to pay for the spending going on right now and to encourage people to move toward "eco-friendly" vehicles. The only thing that has kept prices in check is the horrible economy; when a recovery comes gasoline prices will rise as well even without tax increases.
Remember, quite a few years ago the God of the earth (Algore) was pushing for $5/gal gasoline and it's coming; it's only a matter of time.
Remember, quite a few years ago the God of the earth (Algore) was pushing for $5/gal gasoline and it's coming; it's only a matter of time.
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Joined: Sep 2002
Posts: 9,705
From: Oakland, California
Anyone that thinks gas prices won't eventually return to as high as they were before the recession are kidding themselves. Granted, it may take a few years, however eventually it will happen. However, I agree, until there are better batteries and the infrastructure to support hot-swapping batteries at special service stations for long trips (LA to San Francisco for example) then the electric car is doomed to local travel only. (I'm referring to full EVs not hybrids like the Prius or Volt.)
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Joined: Jan 2000
Posts: 10,285
From: Albany, NY
I can almost guarantee you that you are going to see huge tax increases on gasoline from both the Fed and the states; both to pay for the spending going on right now and to encourage people to move toward "eco-friendly" vehicles. The only thing that has kept prices in check is the horrible economy; when a recovery comes gasoline prices will rise as well even without tax increases.
Remember, quite a few years ago the God of the earth (Algore) was pushing for $5/gal gasoline and it's coming; it's only a matter of time.
Remember, quite a few years ago the God of the earth (Algore) was pushing for $5/gal gasoline and it's coming; it's only a matter of time.
Higher prices also leads to more innovation from automakers. GM boosted Malibu fuel economy by 3mpg, Equinox went up by 8mpg and the Ford Fusion went up 5mpg and the 304HP Camaro gets better mileage than most V6 family sedans. All that while not increasing the price of the car with fancy hybrid systems.
For the record Republican Alan Greenspan recommends a $3 a gallon tax on gasoline to cut consumption and get us away from imported oil.
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