Hybrids Electrics Hydrogen Cars

CBS News reports, “The price of oil is up, gas guzzling cars are out, and a race for a fuel-free, practical electric car is on. It includes the usual suspects: Detroit, Japan, and Germany. But as correspondent Lesley Stahl reports, a surprising newcomer with no experience at building cars has entered the race: Silicon Valley..

California is home to such electric car startups as Tesla, maker of the all-electric Tesla Roadster, which “can accelerate from zero to 60 in four seconds. It is propelled by over 6,000 finger-sized lap top batteries, and not a single drop of oil.” The Roadster is already available for buyers who can afford its $109,000 price tag.

Other electric cars developed outside Detroit include the Fisker Karma, a high-performance four-door that may come to market in 2010, and, “the all-electric, three-well Aptera, due out this Christmas.”

Detroit’s entrants in the race, meanwhile, include the 2010 Chevy Volt and three new vehicles from Chrysler.

A number of electric cars were on display at the Paris Motor Show last week. “Some of the models on show are still prototypes — such as Renault SA’s Z.E. Concept — while others such as Daimler AG’s all-electric Smart ED, have entered the test phase,” according to the AP.

A number of automakers are skeptical of the trend. BMW CEO Norbert Reithofer told Bloomberg recently, “There’s too much hype about the electric car,” predicting that electric vehicles might make up 5 to 10 percent of sales by 2020, “but not more.”

But he’s hedging his bets. BMW’s MINI division is currently building 500 electric MINI Coopers, due for lease in California in 2009.

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