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Old 06-29-2009, 07:45 AM   #11
classicman
barely disguised asshole, keeper of all that is holy.
 
Join Date: Nov 2007
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Quote:
“Research suggests that for plug-ins to be cost-effective relative to gasoline vehicles the price of batteries must come down significantly and gasoline prices must be high relative to electricity,” the report said.

Gaffigan told CNSNews.com that $2 billion of the Recovery Act funds are being expended for grants to manufacture plug-in batteries, and the money is not limited to lithium-ion batteries.

But Gaffigan also explained that this particular impediment would not go away just because the government threw a lot of money at it.
I wonder what the cost of gasoline has to be in order to make plug-in cars better - if at all.
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