Lets be honest......electric vehicals are OLD technology.
AC/DC motors have been around for a long long long time.
We just needed the new tech to be introduced in the batteries ( storage capacity + discharge ability ), and the inversion ability ( dc to ac ) for speed control purposes.
That tech is here NOW , but will be constantly updated. ( like any other tech, ie, petrol/diesel motors )
May oil soar to $ 200 SDR / barrel .Also these new PHEV`s need to LOOK GOOD, not like the electric prototypes of old.
Anyway, check out the link above.( and many others )
Cheers
CXY Price at posting:
10.5¢ Sentiment: None Disclosure: Not Held
