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This is the Kodak Moment for the Auto Industry

Plug-In Drivers Not Missin' the Piston Electric vehicles are here to stay. Their market acceptance is currently small but growing...

Sunday, February 6, 2011

The Durango Herald 02/06/2011 | This could be the year to purchase an electric car

The Durango Herald 02/06/2011 | This could be the year to purchase an electric car: "January/February 2011 issue of the Massachusetts Institute of Technology’s Technology Review explains that the three best hopes for carbon dioxide emission-free cars are electricity, hydrogen and biofuels from nonfood sources. All three face serious technological challenges, but the automotive industry appears to have picked electricity as its winner. There are at least 10 car companies with some form of electric model in the works, and several are scheduled to be ready this fall.

Electric, apparently, is also the pick of the Obama administration. In his 2011 State of the Union message, the president said, “The goal is to have everyone driving electric cars by 2030.” To skew the market toward that goal, the government offers a $7,500 tax incentive to buy the cars"

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