Sunday, October 02, 2011

Electric Vehicles Fail to Connect With Consumers


Concerns about battery life and high sticker prices dampen consumers appetite for electric vehicles like Chevy Volt and Nissan Leaf

Klaus Doerrzapf, who has solar panels on his home, has no plans for an emission-free car in his garage. He’s one of the reasons why automakers like Nissan Motor Co. won’t recoup investments in electric vehicles anytime soon.

“It’s too early,” the 50-year-old manager at an electrics company said at the International Motor Show in Frankfurt. “Range and price are a problem. Battery life and charging times are also concerns,” Doerrzapf said, while looking at an electric-powered Focus from Ford Motor Co. (F)

See full Article.