Era of Electric Cars

Electric car

http://www.businessweek.com/innovate/content/jun2008/id20080616_955452.htm?chan=rss_topStories_ssi_5

by Matt Vella

June 16, 2008, 12:32PM EST

The Electric Car Lives

Backed by U.S. venture capital, Norwegian company Think is betting its Ox concept vehicle can prove the electric car’s time has finally arrived

Clean, quiet, and relatively profitable to produce, electric vehicles have had a rough start in the U.S.: Five years after General Motors (GM) nixed its innovative EV1 electric car program, just a handful of automakers have committed to making and selling electric vehicles on a mass scale any time soon.

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