Monday, February 18, 2013

Electric cars

Although the average customer can save $3000 per year in gas costs, people still aren't flocking to electric cars, even in alleged eco-haven California. This in spite of a price tag as low as $19,000 and with other incentives such as use of high occupancy vehicle lanes and other tax breaks. Part of the problem is "range anxiety," people's fear that the battery will die and they'll be left somewhere unable to move their car. Sales are anticipated to rise, but people have been anticipating that for a long time. When will they finally take off? It's hard to say. What else do you think might make a difference? Oh, and by the way: if you are interested in doing some research on this topic, please let me know. I have a friend who works for the city of Baltimore who is trying to get a study going.

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