Thursday, February 23, 2012

Electric Car is still a niche

And with gas prices about to top HKD$16.00 per litre. the idea of electric cars is, once again, appealing.
Let's be de-facto ... Electric cars aren't a “real thing” yet. They're a niche.
As the Financial Times noted last month: In their first full year of sales, both Nissan’s Leaf and General Motors’ Chevrolet Volt — the first of a new generation EV cars have sold in smaller numbers than the two carmakers expected: about 30,000.
Same as the LED for Lighting, there are a lot of things that should go along to support Electric car or the EV car will be only a niche only; charging station, mileage per charge,
Government incentive to support EV car, less pollution battery during battery re-cycling.
More powerful and lighter battery cells is commercially available… Wait for another 5 years and see.
HK Snob