A congressional panel has found that it takes a lot of political clout to obtain subsidies for electric vehicles under the Obama administration.
Auto engineers are skeptical that the industry has the technology to create a practical electric car.
Apparently not even sky rocketing gas prices will spur sales of electric cars.
The electric car battery maker A123 Systems’s stock closed the day down 12.35 percent on Monday amid news of defective batteries coming out of its Michigan facility.
It’s going to take more than high gas prices to get Americans into electric autos, according to a leading consumer economist.