EVs: A long and winding road

There remains plenty of buzz about electric vehicles but while there's been pockets of success, the growth prospects of the technology have been revised down considerably.

The Center for Automotive Research in Michigan cancelled its 2012 annual electric vehicle conference, with the conference co-director stating “We see the hype and the activity, but there continues to be no real business case.” This is a far cry from sentiment a few years ago, when Nissan's CEO forecast that 10 per cent of the world car market would be EVs by 2020, Warren Buffet upped the ante by predicting that all cars will be electric by 2030 (and put his money where his mouth is), and the Christian Science Monitor chronicled the great electric car race of 2010.

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