Everyone talks about living a life which is environment friendly. However, when it comes to buying a vehicle, rarely do we see, people opting for electric vehicles. The Government is doing everything possible to increase the sales of these electric vehicles. New schemes are getting launched, subsidies are given, however, the sales figure hardly shows any change in the positive direction. The possible reasons for the same are the high cost of these EVs, short driving range and lack of charging stations.
Funds are getting allocated to set up more charging stations, however, the short driving range poses the major limitation here. Thus, most buyers do not even give a thinking shot for electric vehicles while making a buying decision. Automakers had shown keen interest once in this segment, but the recent move by two of the Japan’s largest car comapanies is suggesting that the attention is now shifting to alternative source of power – hydrogen. Last week, the Obama administration took a step back from its goal of bringing 1 million electric cars on US roads by 2015. The sole reason for this is the lack of interest shown by prospective buyers.
Japanese automajor, Nissan, also announced a major shift from producing pure EVs to mainstream gasoline-electric hybrids. This was a move which comes as a response to the move by its rival, Toyota, which too is shifting its focus towards petroleum-free fuel-cell cars which convert hydrogen to electricity. The belief is that the fuel-cell cars have a more promising future than battery electric cars. So what would be the future of electric cars on which billions has been spent till now?