Owning a Electric Car Essay Example | Topics and Well Written Essays - 250 words

Owning a Electric Car - Essay ExampleElectric cars are the effect people have been waiting for years. The electric car marketplace is in the introductory stage of its crossing life cycle.Electric cars are a new product that is going to have a ontogenesis demand in the future. It is estimated that by the year 2020 hybrid and electric car sales will slip away 6.6 million annual units which will account for 7% of the light-duty vehicle market (Marcacci, 2014). The government is portion companies to sell cars profitably by offering subsidies for the sale of green vehicles such as electric cars. The positiveness for companies is going to increase once the demands matures because firms will be able to enjoy the benefits of economies of scale. Electric cars are the vibrate of the future. People are going to switch from gas to electricity because gas is going to continue to rise in price. A five dollar a gallon mark is closer than people realize. As electric cars go down in price mor e people are going to grease ones palms more of these vehicles. One of the cons of some electric cars is their limited driving range. Car manufactures have to fire come forward a way that the range of the battery of electric cars match the range of a full tankful of gas.Marcacci, S. (2014). Electric Vehicles Speeding Towards 7% of All Global Sales Towards 2020. Retrieved April 29, 2014 from