Electric Cars Will Be Profitable

McCain as part of his energy policy has suggested that the US would offer a bonus for the company that comes up with the proper battery for more electric ars. When he made that offer I said then, just mail it to Japan because they were at least 5 years ahead of the US in that technology.

The electric cars that Nissan Motor plans to start selling by 2010 will have varying capabilities depending on a given country’s driving patterns, but all will be priced competitively and will generate profits, company executives said Tuesday

Nissan’s chief executive, Carlos Ghosn, said that any electric car the company sold in the United States would need a range of at least 100 miles between charges to be practical, but that European drivers could make do with about half that range. Tolerance for the time it takes to recharge such a car may vary widely as well, he said

To help in its development of electric cars, Nissan said Tuesday that it would work with the state of Tennessee and its largest electric utility, the Tennessee Valley Authority, to study and perhaps install infrastructure like charging stations. The automaker has begun similar efforts in Denmark, Israel and Portugal, but the United States presents a far greater opportunity for Nissan to market electric cars.

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