Link (http://news.cnet.com/8301-11128_3-10233481-54.html)
"Miles Electric Vehicles will test the market for all-electric vehicles next year with a $45,000 sedan, though under a different brand name.

The company, founded in 2004, now sells electric fleet vehicles or "neighborhood" sedans that top out at about 25 miles per hour. It has also been developing, through a series of partnerships, an electric four-door, five passenger sedan with a range of about 100 miles."

If this company thinks the average consumer is going to spend $45,000 to purchase their electric vehicle, they are going to be in for a surprise. I predict they'll probably go bankrupt.

Link (http://news.cnet.com/8301-11128_3-10233481-54.html)
"Miles Electric Vehicles will test the market for all-electric vehicles next year with a $45,000 sedan, though under a different brand name.

The company, founded in 2004, now sells electric fleet vehicles or "neighborhood" sedans that top out at about 25 miles per hour. It has also been developing, through a series of partnerships, an electric four-door, five passenger sedan with a range of about 100 miles."

If this company thinks the average consumer is going to spend $45,000 to purchase their electric vehicle, they are going to be in for a surprise. I predict they'll probably go bankrupt.





Not to mention that they are marketing it as a second car. It should be noted that this car and it's battery are built in China.

Don't forget that it would qualify for the $7500 credit and that it only cost 2 - 3 cents per mile to run. Thus, part of the initial outlay is for the virtual oil tanker that comes with it. When gas rises to $5 a gallon and above people will take a serious look at these vehicles. Now with gas at $2 a gallon... Not so much.

I'm just happy to see real electric vehicles reaching the market that have "in the ball park" practicality when the world acknowledges that oil peaked. If the world can get a good mix of well designed electric and plug-in vehicles to market when peak oil hits there will be a path for governments to take. Like a shovel-ready project. We can’t go "all in" with EVs if only Tesla is selling them.

If we have 15 - 20 EV and plug-in vehicles to choose from around 2011 then we have something to jump to. Right now, as Matt Simmons says, we don't have a plan B.