This post The Next Car You Buy Will Be an Electric Car appeared first on Daily Reckoning.
“I love my good ol’ ’67 Chevelle with its four-on-the-floor tied to a 396 big block!”
But there’s an unseen revolution happening that’s about to make my beloved gasoline-powered automobile a dodo of the industrial age.
I’m talking about the electronic car revolution.
The electric car has already gone through so much—from being pumped up as a game changer to all but being declared a flop—that it’s easy to forget the Chevy Volt and Nissan Leaf have only been widely available to the public since 2011. Even as sales for these two plug-in pioneers have fallen well short of projections, automakers aren’t giving up on electric cars. What’s more, as more new-model EVs hit the market, the entire segment should have more appeal for drivers.
TeslaWith the introduction of the Model S P100D, Tesla just unleashed the fastest accelerating production car on sale today.
When equipped with twin-electric motors and a 100kWh battery pack, Tesla claims the performance spec Model S sedan is capable of blasting its way to 60 mph in a mind-bending 2.5 seconds.
The Model X P100D is just a fraction slower at 2.9 seconds.
Gosh, those crazy electric cars. They're so different and confusing, eh? We've now come across a new and thus-far unparalleled example of just how far people will go to avoid dealing with the realities of electric cars. Which are, of course, smooth, quiet, and torquey, meaning they're fast off the line.
This love affair began in the 1980s. Chetan Maini, then a sprightly teenager, was part of the core solar car team at the University of Michigan in the US and Australia. Soon after at Stanford University, in the early 1990s, hybrid cars kept his passion going. By 1999, he gave it a name: Reva Electric Cars, India’s first maker of e-vehicles. “It was an idea ahead of its time,” recalls Maini, a pioneer of e-vehicles (EVs) in India. Hybrids, alternate fuel and EVs weren’t a fad then. Pollution and climate change were not making headlines yet.
MONTREAL — For a region that has never had an automotive manufacturing sector and where winters are too harsh for most sports cars, Quebec City-based Dubuc Motors says it was surprisingly easy to find local sources for almost all the parts it needed to build a high-performance electric vehicle.
What has really proven difficult for the company is sourcing Canadian investors to help take its Tomahawk electric sports car from a prototype to the consumer market.
Gas stations across Canada are slowly disappearing, while big-box retailers such as Costco are increasingly taking over the pumps in place of “big oil”, a new study says.
There were 12,285 gas pumps across Canada at the end of 2012, down from 12,710 in 2010, according to a new survey by petroleum consultancy MJ Ervin & Associates. That’s down significantly from 1989, when there were more than 20,000 stations, it added.