In the following video, Motley Fool industrials analyst Blake Bos takes a look at a study done by Scientific American, which says that an electric vehicle can drive 6,500 miles on one gigajoule of energy invested into producing the electricity required to propel the vehicle. This was nearly twice the distance that a gasoline-powered car could go on the same amount of energy. But, there's a catch. Blake tells us what the caveat is, and why electric vehicle investors may have a while to wait before we crack this nut.
Blake Bos has no position in any stocks mentioned. The Motley Fool recommends Berkshire Hathaway and Tesla Motors. The Motley Fool owns shares of Berkshire Hathaway, General Electric Company, International Business Machines, and Tesla Motors. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.