Wednesday, December 16, 2009

Can You Really Afford an Electric Car? - WSJ.com

Can You Really Afford an Electric Car? - WSJ.com: "We're in one of the waxing phases now, and a big reason why is Tesla Motors Inc.

Based in Silicon Valley, Tesla has been offering its all-electric Roadsters for nearly two years and is still the only company selling highway-capable electric vehicles to consumers in volume. That will likely change next year when Nissan Motor Co. launches the Leaf, which is a full-electric, moderately priced family car. Other electric-car offerings are in the wings, including a model from Ford Motor Co. and cars from other startups, such as Coda Automotive.

Cars With a Charge

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Late in 2010, General Motors Co. plans to launch the Chevrolet Volt, a car the government-controlled auto maker is now promoting not as a 'hybrid' but as an 'electric vehicle with extended range capability.' The Volt uses a small gasoline engine to recharge its batteries after the first 40 miles of all-electric travel."

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