Source: EV World Blog
Tuesday 25 October 2005
The Business Case for Electric Vehicles
I know by the reaction of most people that electric vehicles are cool. The reaction that I normally get is something like “This is the coolest thing I have ever seen!” I have been dealing with battery electric vehicles for five years now. I also think that they are cool…
I have been exploring ways to turn a profit on this cool technology for a few months now. Business can be very hard. If it is easy to make money, everyone would be doing it. It is survival of the fittest, like most natural systems. Building an electric car is not cheap. The electrical parts are in the thousands of dollars, as well as the batteries. The business plan is very risky no matter how I look at it.