- Ghosn's Bet: 10% of World Will Drive EV's in 10 Years
- Ford, Hyundai, Audi Gaining Interest
- Cadillac Converj Smart Extension of Volt
- Chrysler Makes Smart Call Staying Unplugged—For Now
- China Growth Shows GM Good Fortune
- Inflatable Seat Belts Aimed At Second Row Safety
- Do You Buy Marchionne's Turnaround Plan?
- October Shows Auto Rebound Will Be Slow
- How Mulally Got Ford Back in The Black
- Green Car Incentives Are Just Starting To Roll
MOST SHARED
- CNBC Video: Warren Buffett & Bill Gates - Keeping American Great
- Today's Market Action
- Has Twitter's Finest Hours (Seconds) Come and Gone?
- Microsoft's Bill Gates Praises Apple's Steve Jobs For 'Saving the Company'
- CNBC TRANSCRIPT: Warren Buffett & Bill Gates - Keeping America Great
- Inside Wal-Mart's Acai Berry Juice Maker
- Israel Going Green
- China's Role as Lender Alters Dynamics for United States
- Low Interest Rate Investing
- U.S. Stocks Rally for the Second Straight Week
- Dollar is Not Plunging—So 'Calm Down': Market Strategist
- Strategists Say Markets Have More Upside — But How Much?
- Hirschhorn: Risk-Averse Traders
- Roginsky: A Funny Thing Happened on the Way to Financial Reform
- This Year's Biggest Thanksgiving Leftover: Cash
- TV Series Inks Unique Deal For Fight
- First Time Buyers Rescue Housing: Realtors
- Dollar General Trades Higher After Its IPO
- China: Low US Interest Rates Threaten Recovery
- Hedge Fund Billionaire Paulson Reports New Citi Stake
- White House Plans to Freeze Spending to Cut Deficit
- Cramer: 5 Earnings Reports to Watch Next Week
- Court Rejects 'Clawbacks' for Alleged Stanford Victims
- Cities With the Most Home Price Reductions
- Tax Credit Sparking First-Time Home Sales: Realtors
- Investors Cut Back US Stocks for Bigger Growth Abroad
- This Year's Biggest Thanksgiving Leftover: Cash
RSS FEED
Behind The Wheel
![]() |
Nissan Pivo 2 - electric car |
The news that Nissan/Renault will partner with former SAP AG executive Shai Agassi to build electric cars is yet another sign, the big automakers are seriously moving in to this area.
The project, with reports have being announced Monday, will focus on building cars powered by lithium-ion batteries that can go 100 miles on a single charge. The team plans to test it in Israel, where the country will subsidize a network of re-charging stations.
Now, I know you will read this and say, "Big deal? Companies like Tessla in Northern California and Venturi in France have been building electrically powered cars for some time..". Yes, they have. But this is different.
Nissan's entry into electric cars, along with GM [GM
Loading...
()
] developing the electric/gas powered Chevy Volt shows the big automakers are finally and truly embracing the idea that some day, electrically powered cars will be part of the mass market.
It won't happen overnight, but given the resources and technology, it's coming sooner than you think. And I for one, think it;'s exciting news. This is what the people want. A true effort, like GM's and Nissan's to give electric cars a real shot.
Questions? Comments?










