electric cars are cheaper and simpler to maintain, and more economic too, since electricity is so much cheaper than gas. That is why I believe they are the future. One of the ways somebody can earn money in the future is investing in electric cars stocks today.
and we can make electricity by burning alcohol?
Well, in the cities, electric cars have fuel burning cars beat. In the country, it is the opposite.
Electric cars are more efficient, but when you account for transmission losses, charging losses, etc, you are only a little better than gasoline cars.
There is nothing to invest in, in an electric car company.
Electric cars, as you mentioned, are really really simple. If someone comes up with a battery that is only twice as good as a lithium-ion battery, america will switch to electric overnight. It is quite easy to drop in a motor in place of an engine. It has always been the batteries and the change of lifestyle that is the bottleneck.
Hahaha!