TodayEco.com

23 Jan '13, 2pm

The Kandi Story

The policy is hot, but the market is cold "The policy is hot, but the market is cold" is how a Chinese industry spokesman described the problem facing electric vehicles, the public is not buying. The core problem is the battery. A battery is no match for a tankful of gasoline in energy density meaning reduced driving range. Recharging the battery is time consuming, no match for a quick fill-up. If you use fast charge, you diminish the battery's life expectancy. To add to these worries, the battery typically costs as much as the rest of the car but its life expectancy is just a fraction meaning you'll have some big expenses during your ownership of the vehicle. Additionally there is the problem of the resale value, just how much life is left is that used battery? Optimists want to rely on battery R&D but the time-frame for a breakthrough, if there is one, is too far in the ...

Full article: http://www.altenergystocks.com/archives/2013/01/the_kandi...

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