The Future of Electric Cars

Are U.S. automakers holding back the electric car? What's the biggest obstacle for Tesla and electric car makers? Detroit News journalist Bryce Hoffman is the author of American Icon: Alan Mulally and the Fight to Save Ford Motor Company. In this installment of The Motley Fool Money Radio Show, Hoffman talks about the future of alternative energy vehicles.

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  • Report this Comment On March 29, 2013, at 2:48 PM, RobertLB1 wrote:

    I can build an electric vehicle that will achieve 20,000 miles and cost $50 a year to power without fossil fuel or recharging. GM and Ford want me to hand them this new technology over to them without any agreement, and I will not work with Tesla because they own plants in China. I am currently fighting with the US Patent Office in an attempt to get this new technology patented, but USPO is oblivious to their lack of understanding as to how it operate. Everyone claims that it's a perpetual motion machine even thought it has no moving parts. They claim that it defies Laws of Thermodynamics, but it operates very similar to a regular electric generator. If my electric generator does not work as they claim, then there is no such thing as any electric generator that powers our homes and businesses. My electric generator would have been on the market in 2011, but every loan and grant request was refused by banks and our government. People keep claiming that it doesn't work, but everyone that is offered a chance to see it and prove that it will not work ends up refusing unless it's open source. Sorry people this new technology never be open source until my other projects are paid for with the money from the retail and wholesale of this electric generator. I am working on a shoe string budget, so my hope is that my first display prototype will be ready by Mid April. I have been working on this for more than 40 years, so it isn't not my concern whether you think think this is an April Fools joke. Just wait until mid April to see it operating on the internet.

  • Report this Comment On March 29, 2013, at 3:26 PM, dave6220 wrote:

    Sales are low for many of the current plug in models because they are uninspired conversions of mundane gas cars..not because they are electric. I think Tesla writes the most compelling story for an electric car since it competes with other cars in the luxury sedan category...not the "electric vehicle category". People are buying this car as fast as Tesla can build them and I think there's still a wait list of over 10,000 people. It won the Motor Trend CAR of the Year..not ELECTRIC CAR of the year. It was up against Audi, BMW, Mercedes, and Porsche and this is why it is popular. People want a great car..not a great fuel. If you really read the Owner's Forum on Tesla's website, you'd see overwhelming excitement and satisfaction from almost all owners..some of whom have put thousands of miles on their cars already. Bizarre that you'd cherry pick a single random statement from a single user for this interview. Hard to image why more people aren't behind a new AMERICAN car company building their product in the US and leading the world in innovative technology.

  • Report this Comment On March 29, 2013, at 3:53 PM, Gaybelle wrote:

    For Chris Hill and RobertLB1, talk to Pat Boone about what the big auto companies did to the electric car with which he was involved over 30 years ago. For dave6220, same thing. This was an AMERICAN car company, built in the US. Never heard of it, have you? That's because Big Business didn't want it to happen here!

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