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Posted by Craig on 05:49:00 AM in Business
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Once private companies use their own (unsubsidized money) will alternative fueled vehicles prosper. The demand is simply not there, especially with all of the capital needed to get the ball going. There is not guarantee the ROI is there. Too much risk.
March 28, 2013 at 08:51 AM
I'd have guessed Tesla would have been the first to fail. Inexpensive full-electrics might make sense. An inexpensive errand runner and commute car could be conveniently charged often and wouldn't need a very heavy and very expensive battery. But a $100K car that is supposed to provide comfort for four or five should be capable of making a trip of several hundred miles without a long interruption for fueling. The Tesla can't do that.
At the high end, hybrids make more sense. You compromise the amount of full- electric driving, but receive a fully capable car for in the bargain. That's why I thought Fisker had a better chance.
But of course, neither of these was a particularly good bet.
Steve Margolis |
March 29, 2013 at 05:55 PM
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