Hybridcars.com has a very perceptive article on the affect our current economic crisis will have on the development of hybrid and alternative fuel vehicles.
Its important to keep in mind, that while the economy may benefit over the long term from green cars, in the short term we are still far away from fully realizing the goal of putting green cars in every driveway.
The world of hybrid cars is still very much in flux.
We are seeing this as new technologies emerge, and many different manufacturers are releasing ever-different models of cars.
We have electric cars, hydrogen cars, gasoline hybrids, and who-knows-what will be next.
All this new development could be seriously stifled by the economic crisis, as investment decreases, and a manufacturer's ability to get credit to fund new technology development shrinks.
Among the points outlined and what to watch for: The vehicle market in general is shrinking, Dealers are struggling to get credit, Manufacturers lack investment funds, Battery developers lack access to credit... and let's not forget the price of oil, which still powers most gasoline hybrids, continues to increase.
Read the whole article here, to see how the future of hybrid car development might be affected by the economic crisis.
Its important to keep in mind, that while the economy may benefit over the long term from green cars, in the short term we are still far away from fully realizing the goal of putting green cars in every driveway.
The world of hybrid cars is still very much in flux.
We are seeing this as new technologies emerge, and many different manufacturers are releasing ever-different models of cars.
We have electric cars, hydrogen cars, gasoline hybrids, and who-knows-what will be next.
All this new development could be seriously stifled by the economic crisis, as investment decreases, and a manufacturer's ability to get credit to fund new technology development shrinks.
Among the points outlined and what to watch for: The vehicle market in general is shrinking, Dealers are struggling to get credit, Manufacturers lack investment funds, Battery developers lack access to credit... and let's not forget the price of oil, which still powers most gasoline hybrids, continues to increase.
Read the whole article here, to see how the future of hybrid car development might be affected by the economic crisis.
