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URL:  https://boards.fool.com/albabyquotperhaps-though-its-far-from-the-30526962.aspx

Subject:  Re: Electric car monies Date:  2/5/2013  10:41 PM
Author:  telegraph Number:  40679 of 90628

Albaby:"Perhaps - though it's far from the low hanging fruit. Indeed, I am increasingly skeptical that you're going to see that any time soon, absent a marked breakthrough in battery technology. The economics just aren't there for personal vehicles right now, and probably won't be for quite a while. Meanwhile, in addition to the small vehicle segment, you're actually seeing some non-trivial NG fleet truck adoption. So it may be that not only the short-term, but also the intermediate-term, future of vehicles in the U.S. continuing to be almost entirely ICE."

Just read somewhere where 51% of cars made in Venezuela are now equipped to burn NG as the primary fuel.

If gas gets real expensive and the shale gas bonanza holds up....could be true here too.


t.
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