Finally we have Electric Cars to chose from! We can discuss whether some of them electric ones really or not, but it is all not so important as the fact that we are allowed to chose and break out from the Oil needle now. Is is only the beginning, but very promising one - now technology cycle will take care about the battery cost and its safety, reliability and capacity.
It is at least timely - it is not only about the money any more, all country is dangerously close to another break down - this time with Energy and Oil Shock.
Inflation as a function of monetary expansion, which gold is indicating and raising debt is fueling on, will strike most at those who are constantly in need: who spends on food and energy most of their income. It is the hidden tax on poor and middle class - rising energy and food prices will cut disproportionally into their tight budgets.
Oil keeps servitude going day in and day out, stop the pump and everything stops, bring the price to 150 dollars and you have 2008 all over again. Now we are already close to 100 dollars and we are still in the housing free fall state.
Electric Cars break servitude to the Oil gang and stop the "opium trade" - you and your community can brake the circle and charge from the grid, local sources of Solar and Wind etc. It is much more than pure Electric feel, it is the matter of survival.
After Oil reach 150 dollars the questions about range and battery cost will be irrelevant, you will be just happy to drive.
Peak Oil, admitted now by U.S. Energy Secretary Steven Chu means that the half is already gone and we still need oil to move to post carbon society - it is not about money any more, but about integrity of the society as we know it.
"All those QE exercises, which we have discussed above, will unleash a very powerful force of Inflation all around the world. The new most powerful trend in 21st century will be the Energy or lack of it to drive the world and its population forward. All recent progress is based on relatively cheap energy available to us for the last one hundred years. The chart above is from the latest groundbreaking revelations of International Energy Agency - it shows to us that we do not have that luxury any more. Cheap oil is gone - according to the IEA - and "Crude Oil: fields yet to be found - is the politically correct way of saying Oil Shortage. We have now Population Growth multiplied by Peak Oil and Inflation, which will push all prices higher."