Source Newsroom: Cornell University
“The market for electric vehicles has been underwhelming. GM has shut down its Volt plant at least twice for slow sales. The Nissan Leaf has also been a very slow seller. The Tesla and Fisker models have been delayed or disastrous depending on your point of view. Ford has hedged its bets on the Focus electric.
“Battery technology has not been able to resolve the century old problem of too much weight and limited range capability.”
--Arthur Wheaton, an expert on the automotive industry and senior extension associate at Cornell University’s ILR School