We're Focusing on the Wrong Electric-Vehicle Market
Friday, December 17, 2010 at 9:10AM The Motley Fool 24 November 2010
As General Electric and NRG Energy are grabbing headlines for buying electric cars and building electric-vehicle infrastructure, respectively, I can't help thinking we're focusing on the wrong type of electric vehicles in the media. We hear about General Motors' Chevy Volt, Nissan's Leaf, and, of course, the Tesla Motors Roadster, but we get no news on the practical applications that are driving the few profitable (or nearly profitable) companies in the industry.
Headlines are nice, but as an investor, I'm more concerned about where I may be able to profit from this trend. GM and Nissan both expect to sell their electrics at a loss (at first), and Tesla is burning money trying to get the Model S launched -- so where is the profit going to come from? Read more.
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