Despite all that, EV advocates like Renault-Nissan's Carlos Ghosn remain cheerfully optimistic. Ghosn wants to be selling 1.5 million plug-ins and pure EVs by 2017. He's got a lot of skin in the game. Renault-Nissan has invested $5.6 billion in research, batteries, and vehicle development.
Nissan's all-electric Leaf was a pioneer in 2011, but it's getting lots of competition in 2012. Having locked their plans several years ago, automakers -- including some high-profile ones -- will be introducing a remarkable assortment of EVs and plug-ins this year. Buyers will have a choice in all-electric range from 15 miles to 300 miles, and prices from $22,000 to more than $100,000. Hopefully we won't need another spike in energy prices for them to catch on.
The competition was fierce in the race to be last. Surprise - the car at the bottom of the heap wasn't from Detroit.
|Bernanke's advice for college grads|
|The Winklevoss twins are Bitcoin bulls|
|Bloomberg's lazy Apple bias|
|Signs of new housing bubble in several areas|