Article: Electric Cars: Success by a Different Route
Pure electric cars are a disaster. On-road pure electric cars continue to sell at a level barely above one quarter of the sales of pure electric golf cars or a tenth of pure electric forklifts. Those golf cars are profitable but in a saturated market and, because that business is going nowhere, Ingersoll Rand is thinking of selling subsidiary Club Car, according to the Wall Street Journal. Club Car is the world’s largest golf car manufacturer. It appears that Ingersoll Rand has too many lackluster subsidiaries and too little synergy between them according to activist investors. However, that is a pleasant world compared to pure electric on-road cars with over 100 companies missing plan while heroically absorbing Olympian losses, some even selling the cars at less than the cost of the traction battery alone.
2 comments:
In the Indian context, a car owner cannot think of having TWO cars- One for city commuting ( One for Intracity and other for Intracity)without commerial charging points for purely electric vehicles.
The Best alternative in the Indian context is Duel power cars( I dont know whether I can term it as Hybrid)
Even a small engine to run the car upto charging point would help the user in case of totally drained out battery condition.
In the Indian context, a car owner cannot think of having TWO cars- One for city commuting ( One for Intracity and other for Intracity)without commerial charging points for purely electric vehicles.
The Best alternative in the Indian context is Duel power cars( I dont know whether I can term it as Hybrid)
Even a small engine to run the car upto charging point would help the user in case of totally drained out battery condition.
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