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Current DateTime: 10:16:40 27 Nov 2009
LinksList Documentid: 30830730
Expiration DateTime: 11/27/2009 10:18:30 AM
    • Planes, Trains & Automobiles  25 Nov 2009

        About 38 million Americans are expected to go somewhere this holiday season, and AAA says that's up about 1.4 percent from last year. NBC's Tom Costello has the details.

    • Maria's Market Message  24 Nov 2009

        CNBC's Sue Herera sits in for Maria Bartiromo to discuss the day's top business and financial stories, and look ahead to tomorrow's Closing Bell.

    • GM's Saab Story  24 Nov 2009

        It's back to the drawing board for GM after a Swedish company pulled out at the last minute of a deal to buy the Saab unit. Insight with Erich Merkle, independent automotive consultant and CNBC's Phil LeBeau.

    • GM's Saab Deal Is Off  24 Nov 2009

        General Motors' Saab deal is off, reports CNBC's Phil LeBeau.

    • BMW Signed as Olympic Partner  20 Nov 2009

        BMW has been chosen as the official automotive partner of the London 2012 Olympic and Paralympics games. Ian Robertson, board member of BMW Group, spoke to CNBC about the sponsorship.

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Current DateTime: 10:16:40 27 Nov 2009
LinksList Documentid: 30830722
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Behind The Wheel

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Jan.18
9:48 AM ET
Friday, 18 Jan 2008
Electric Cars: Are They Getting Another Jolt?

Nissan Pivo 2 - electric car
Nissan Pivo 2 - electric car

With all the attention focused on building gas electric hybrids, new forms of ethanol, and hydrogen fuel cells, the most interesting race in the auto industry is the development of electric powered cars and trucks.

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? 

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