HappySqurriel on 01 January 2012
| gameonbro said: Im with the sleepin with the oil company camp. Lets examine the auto industry. The oil companies tell american auto makers hey build gas guzzlers invest in our stock and well all make money. Then along comes japan with gas efficient cars and detroit stuck holding the bag. Why are american cars more efficient in foreign countries than in america? It's all about the oil companies. When they bailed out the car manufactures I said what they should have done was got rid of the oil subsidies $15 billion. Thats half the $30 billion they receive. |
If electric cars are viable what would stop a start-up company from producing these cars and growing rapidly?
There is no grand conspiracy against the electric car, the problem is that (while the technology behind them has advanced dramatically over the past couple of decades) batteries are an inadequate way to hold a significant amount of power in a cost effective way. If people were willing to take out a 6 figure mortgage on the battery of their car we could (probably) all have fantastic electric cars today, but if you want to buy a vehicle that is feature rich for less than $45,000 an electric vehicle is simply not an option.
