ETFs & Funds
View as an RSS Feed
How PHEVs and EVs Will Sabotage America's Drive for Energy Independence
> John Petersen wrote:
> 'the undisputed facts are that lithium-ion batteries are not ready
> for prime time and PHEVs and EVs are little more than vanity items
> for elitists'
> Undisputed? that isn't what Mitsubishi, Nissan, GM, Renault, the
> US Government or many others think.
> It might be undisputed in your own head, but that's about it.
If lithium-ion batteries are as ready as you think they are, then why does the US Government have to subsidize them? The US Government is also giving money to lead carbon battery manufacturers, so would you say that lead carbon and lithium-ion are at the same point?
And why aren't these companies making millions of PHEV's and EV's instead of just a few thousand?
Aug 26, 2009. 02:46 PM
Link to Comment