Vehicles powered by electricity have quickly moved from occupying a fringe segment in the industry to commanding unparalleled attention and consumer interest. While much of this success has been due to the innovations introduced by Tesla and other companies, the federal government has sweetened the pot for potential buyers by offering a $7,500 subsidy on each electric car purchased in the U.S.
Much of the buzz around such alternatively fueled vehicles, of course, stems from the belief that they are more eco-friendly than gas-powered cars. As it turns out, that assumption might be … More
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