Mountain Fist

Electric Cars for 2010: Shift from Foreign Oil to Riding on Local Renewable Energy

I really liked this article. The shift to alternative energies is one of the biggest opportunities in investing available. To think that this won't affect the automotive industries is folly. If you look at the sales figures for automakers, the shift to these vehicles is already occuring with many automakers unable to meet current demand, much less future demand for these types of vehicles.

A type of critical mass is achieved with newer technologies when huge amounts of money/minds get invloved. Solar power generation and electric vehicles have been around for a very long time. However, current world needs have made them very relevant today. Reading on some of the almost weekly technological advances being made in these areas would help some of us to understand better the potential here.

With the advent of things like nanowire, fast charging battery systems, solar panles that produce energy at less than the cost of coal, etc. our world and these industries will change drastically over the next several years. The car I would like to buy has not even left production lines yet, but guess what, it's a hybrid that will get upwards of 300MPG!