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Technology Stocks : The Electric Car, or MPG "what me worry?"
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To: Wyätt Gwyön who wrote (56)9/26/2006 10:56:12 AM
From: orkrious  Read Replies (2) of 17486
 
if the car does what they say it's going to do I think there's a massive market for it. obviously it won't be widely adopted at $100k/car, but if they can start producing it in any size the cost should come down quickly.

It won't be much good for a lot of one car families, but if a family has two cars and one of the people commutes 10, 20, or even 30 miles each way every day there will be a lot of demand for it. It also makes sense that over time they'd figure out how to get more mileage between charges.

I obviously don't know if they can sell a thousand of these things for $100k and break even on them, but if they can there's no reason to think that they can't sell a million or two for $30k and make money on them, especially when they make them in China.

I would think a peak oil guy would see a lot of potential with this. <g>
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