Skip navigation
MOST POPULAR RELATED TAGS
  • TOPICS
  • SECTORS
  • COMPANIES
 
 
Behind the Wheel Video Gallery
About 38 million Americans are expected to go somewhere this holiday season, and AAA says that's up about 1.4 percent fr...
CNBC's Sue Herera sits in for Maria Bartiromo to discuss the day's top business and financial stories, and look ahead to...
LEBEAU'S AUTO INDEX
Loading...
Loading...
Loading...
Loading...
Loading...
Loading...
Loading...
Loading...
Loading...
Loading...

BEHIND THE WHEEL VIDEO

» More

Current DateTime: 11:08:01 25 Nov 2009
LinksList Documentid: 30830730
Expiration DateTime: 11/25/2009 11:09:30 AM
    • Planes, Trains & Automobiles  6 hrs ago

        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.

RSS FEED

» Help

Current DateTime: 11:08:02 25 Nov 2009
LinksList Documentid: 30830722
powered by digg

Behind The Wheel

Text Size
May.13
10:07 AM ET
Tuesday, 13 May 2008
Nissan Says It Will "Plug" Electric Cars In U.S. By 2010

Chevy Volt
Chevy Volt

The future of mass market quantities of electric cars is getting a big push today from one on the more "electric" leaders in the auto industry.

Nissan/Renault CEO Carlos Ghosn is expected to announce his company plans to sell its first electric cars in the U.S. by 2010--according to the New York Times. While Nissan [NSANY  Loading...      ()   ] will make a limited number of models at first, Ghosn tells the Times that he expects the automaker to eventually have a full line-up of electric cars, perhaps by 2012.

Nissan's declaration, along with GM's [GM  Loading...      ()   ] plan to roll out the Chevy Volt by 2010, shows the automakers are more serious than ever before about electric cars. Yes, I know that some of you will point out that firms like Tesla and Venturi are already building electric cars. But the plans of the major automakers elevate the electric car race to a whole new level.

It shows that this is not just a token effort to appease environmentalists or make the companies look eco-friendly. Electric cars have the potential to ultimately raise the fuel efficiency ratings for the entire line-up of vehicles the company's produce. There's also the potential boost the bottom line by selling electric cars at a premium. In theory, these cars could provide a real jolt to auto sales as people decide to upgrade to an electric car/truck/SUV.

The cynics will say we shouldn't get to enthused about electric cars because there are still many technological hurdles. And there are many (battery development, meeting safety standards, etc) the industry needs to conquer. But make no mistake, the race is on.

Questions?  Comments? 

© 2009 CNBC, Inc. All Rights Reserved

Tools:
PrintEmailAdd This share icon
Next Post
  • digg share
ADD COMMENTS
Remaining characters


Current DateTime: 10:38:04 25 Nov 2009
LinksList Documentid: 29778428

Current DateTime: 10:38:04 25 Nov 2009
LinksList Documentid: 29779196

Current DateTime: 10:38:10 25 Nov 2009
LinksList Documentid: 29779199

Current DateTime: 10:38:10 25 Nov 2009
LinksList Documentid: 29779198
  Data is a real-time snapshot  *Data is delayed at least 15 minutes
Global Business and Financial News, Stock Quotes, and Market Data and Analysis

© 2009 CNBC, Inc.  All Rights Reserved.
A Division of NBC Universal
Thomson ReutersThomson Reuters