If the electric vehicle and particularly the electric car is ever to compete effectively with conventional internal combustion-engined vehicles, the price at which it can be profitably built and sold to the public must be similar to that for a conventional vehicle having a similar feature level. A small premium may be acceptable for the electric vehicle providing it offers a significant reduction in emissions and in the case of fuel-cell and hybrid electric vehicles, a significant reduction in fossil-fuel consumption.
Economics of electric cars, Page 1 of 2
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