Betting Long on EVs

Betting Long on EVs By Bill Sweet Most of the recent news in electric and hybrid-electric vehicles has not been encouraging: three Tesla lithium-ion battery fires; sharply scaled-back projections for EV sales on the part of the world’s leading manufacturer, Renault-Nissan; the long-awaited Fisker bankruptcy filing, listing celebrity investors who got burned.   Is it possible that the recent flurry of interest in EVs will turn out to be transitory and that, once again, we will see them drop off the radar screen? In the end, will the Leaf, Volt, and Tesla S suffer the same ignominious fate as General Motors’ ill-starred EV-1?   This seems highly improbable to me, for reasons well stated by an IEEE-USA energy policy statement last year: Besides cutting reliance on liquid fuels and local emissions of air pollutants, EVs promise long-term reduction of greenhouse gases. Indeed, electric vehicles represent the only plausible path to a zero-carbon transportation sector. Read morehttp://spectrum.ieee.org/energywise/green-tech/advanced-cars/betting-long-on-electrics