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Electric Cars not fit for the market say Car Industry bosses

Motor Industry bosses have said this week that the Electric car market is carnage and that EVs are not fit for primetime sales. We’ve made no secret of our views on electric cars: they’re simply not fit for the market. And now it seems motor industry bosses are finally standing up and saying much the same.

Geely at Shanghai 2011: Geely MINI Cooper & Geely London Taxi

Geely's take on the London Cab & MINI Cooper Regular readers – in fact anyone who takes notice of car news – will probably recognise Geely as being the Chinese car maker who bought Volvo in 2010. Proper car anoraks may also remember the ‘Chinese Rolls Royce‘, a Phantom ‘Homage’ from Geely that came equipped with a ‘Throne’ in the back to transport a lone plutocrat. It looked a lot like a Russian cold war ZIL meets cartoon Phantom and there was no mistaking it was a Chinese car for a Chinese market.

Mitsubishi i MiEV electric vehicle priced at $45,660

Mitsubishi Motors Corp. has priced its new electric vehicle at 4.38 million yen, or $45,660 at current exchange rates, and wants EVs to account for 20 percent of its global output by 2020. Mitsubishi unveiled the production version of its i MiEV battery-powered car on Friday, saying it aims for 1,400 lease sales to corporate customers and local governments by March 31, 2010.