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All-electric cars to hit market by '10

In my line of work, I read a lot of bad news. So, when good news pops up, I get pretty excited.

Case in point: According to LATimes.com, a Norwegian automaker has promised to make and distribute low-priced, all-electric vehicles by the end of next year:

"The battery-powered Think City will be able to travel up to 110 miles on a single charge, with a top speed of about 65 mph, the company said. It will be priced below $25,000."

It is a tiny little thing, much like a Smart car, but it could herald something bigger -- a change in the tide of gasoline-powered cars.

I sleep well at night knowing that my hybrid awaits me for my morning commute, but to not have to rely on $4 gas at all -- with a car that won't take 5 years for an ROI? Now that is good news that I can really get behind.

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“All-electric cars to hit market by '10”

  1. Anonymous Anonymous Says:

    Have you seen "Who killed the electric car"? This technology has been around for years, and had a major push in the late 90's, and you would think everyone would have been on board...but that too died out for numerous reasons. Of course, people are more aware now, and money is tight, so maybe the demand of the consumer will outweigh the pressures put on by all those who make money hand-over-fist from the price of gas. It didnt work about less than a decade ago...I guess it remains to be seen if the times have really changed.