By the fall of 2008, every major automanufacturer from GM to Nissan to Tata--and a few startups such as Tesla and Aptera--had announced production model plans for all manner of electric vehicles, from all electrc vehicles, to plug-in hybrid electrics, to fuel cell vehicles, with deliveries to consumers starting in 2010. 2008 could well be known as the nail in the coffin for the bulky combustion engine which has plagued the auto industry with its manufacturing and design liabilities, and association with volatile oil markets.
How quickly might the world re-tool the global auto industry to build new vehicle chassis based on electric motors and advanced energy storage systems?
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#8 The Rise of Local Initiatives
Photos courtesy Honda, Chevrolet, Nissan and Jurvetson.