EV expensive

A very rational Washington Post editorial writer has been betting against electric cars. He bet that the U.S. president's goal of "1 million plug-in hybrid and all-electric cars on the road in the United States by 2015" would not happen, and he won that bet.

His simple rationale is that EV's are still an expensive choice - that even with a government tax credit of $7500, gas savings can't offset the higher price. As an example, it would take 14 years for the 2016 Chevy Volt (EV) to deliver a price advantage over a similar Mazda 3.

Nevertheless, EV company Tesla Motors continues to expand. They promised and delivered 50,000 Model S sedans in 2015.  Their mass-market model (price about $35k) is on schedule to be revealed in March of this year. 

(cont'd tomorrow)