Friday, January 06, 2012
Electric Cars
We all thought that in 2011 electric cars would have way more sales and people would start transitioning from gasoline driven cars to the ones that are solely powered by a battery. We have also seen an attempt to put in social media and internet phone services in cars but that was turned down, for good reasons I might add. One of the reasons that the sales did not do as good as predicted was that people do not like to switch the way they drive after so many years of using gas driven cars. Another reason is that the Volt was possibly held back by safety concerns over a battery fires in some crash tests. Recently, GM announced that it was adding more steel to the Volt to protect the lithium-ion battery in the case of a collision. The Nissan Leaf costs about $35,000 before credits and rebates. You save money every day by not paying for gasoline—which is likely to break the $4 a gallon barrier soon enough, especially if Iran decides to shut the Strait of Hormuz. Do you think that we are headed towards the electric cars or is it still going to take a while?
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