Tesla plans compact EV
Tesla is not resting on their laurels, its CEO having recently revealed plans to create an affordable compact electric vehicle, which they plan to put up for sale early in the second half of this decade.
Read MoreChrysler and its probing of the EV market
Chrysler has only mass-produced one electrified vehicle in its long history, and the Durango hybrid has been discontinued. However there are rumors that Chrysler is considering venturing into the realm of electric vehicles again, but it is not known if they’ll go full EV or for another hybrid system.
Read MoreLithium batteries should get increasingly cheaper as the decade goes on
Those of you who are interested in electric vehicles are well aware of the fact that all EVs, be they hybrids, plug-ins or pure EVs, are more expensive than their internal-combustion –engine predecesors, when you compare them. It is true that they will save you money in the long run, but the initial purchase can be quite the investment, and that is due to the fact that you are paying for new technology.
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