Thursday 22 March 2012

Guest Article : Geneva International Auto Show Bares All

Guest Article : Geneva International Auto Show Bares All


The electric vehicle seems like something out of a space-age, Jetsons type of movie but the electric vehicle or EV is sure to become a reality here in the United States the question is who will profit?
An EV is powered by an electric motor, instead of its gasoline-powered predecessors that are still dominating the US highways and bi-ways. Electric vehicles are still somewhat of a novelty to consumers because of the implausibility of their extended use. It is true that electric cars can only get about 50 miles between charges, compared to gasoline powered cars that can get less mileage, about 25-35 miles per gallon, but the key is, there are an abundance of gas stations all over the country. Charging stations are not at all. However, with the rising cost of gas and because EVs are an environmentally friendly alternative, they are fast becoming something that manufacturers and investors are seriously looking into and the more savvy business owners have already started to seriously look into this burgeoning market.