| Manufacturers of electric cars are in a rush to | | | | market insofar as the automotive industry is |
| develop something that would compel the market | | | | concerned. |
| into seriously considering the battery-ran | | | | Although none of the potential rivals have started |
| automobile in lieu of the gasoline-fed ones. In fact, | | | | producing electric cars that would match that of |
| Tesla (a publicly-listed car manufacturer), has | | | | Teslas, these entities, made public |
| started producing a family car that would | | | | announcements on what they are actually |
| eventually replace sedans designed to run 300 | | | | working out --- an electric car model that is cost |
| miles without having to stop to re-charge its | | | | efficient and runs on a maximum of 60 miles per |
| battery. | | | | hour. |
| Initially called as Model S, the new Tesla | | | | What even makes it more promising that that it |
| baby is designed to accommodate seven | | | | reaches the maximum speed in just five seconds |
| passengers, or equivalent to one family. Model | | | | and charging time for its battery would be fully |
| S however would only be available to the | | | | completed in just ten minutes. From there, the |
| public in 2011. | | | | car would be able to run for 200 miles. There is |
| Expensive, but wise buy | | | | however no announcement as to how many |
| Articles posted in the internet however say that | | | | passengers can actually fit in their version of the |
| the new Tesla battery-ran car would not come in | | | | electric car. |
| cheap as the unit alone would sound expensive. | | | | The cost: Fifteen thousand pounds |
| However, running on a battery-powered car for | | | | Another car manufacturer, the world renowned |
| the use of an entire family for sometime, would | | | | Volvo, said that they intend to revolutionize |
| eventually translate into economic savings. | | | | electricity-powered vehicles. |
| The cost of running a battery-ran car is | | | | According to Volvo, they are closing on to a |
| comparatively cheaper in the long run as the | | | | battery-ran car that is capable of running 60 miles |
| pump price of gasoline and diesel fuels appears on | | | | per hour at the maximum. Likewise, they claimed |
| an upward trend. Estimates have it that a | | | | that their version of the electric car would peak |
| fully-charged electric car actually costs around five | | | | its maximum speed in just ten seconds. As to |
| dollars. | | | | how it would look like, Volvo said that it would be |
| What makes electric cars cost efficient is the | | | | more of a futuristic car with flap up-doors and a |
| current trend in the price of crude oil in the world | | | | transparent roof. |
| market. Prices are soaring and supplies seemed | | | | Futuristic as it is, it appears that |
| getting limited as a result of the new trade policies | | | | Volvo’s version of the electric car would |
| of oil-exporting countries in the middle-east Asia. | | | | not be as spacious as Tesla is conceptualizing. |
| Initial calculations show that a family running a | | | | Their version could actually just be a two seater. |
| battery-ran car can actually save some $ 15,000 | | | | It’s eco-friendly too |
| per year as compared to using gasoline-fed | | | | These ideas, although still not in the market, have |
| sedans. | | | | been conceptualized and designed not just to beat |
| Slice of the market | | | | the economic hardships, which include the soaring |
| There is however a brewing rivalry among other | | | | cost and availability of petroleum products but is |
| car manufacturers, which like Tesla, are also | | | | also made to help save the environment. |
| eyeing a share in what appears to be a viable | | | | |